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Reusable carrier rockets

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Expansion to add fresh vitality to SCO

At the 17th Shanghai Cooperation Organization summit in Astana, Kazakhstan, President Xi Jinping witnessed the official inclusion of India and Pakistan into the regional bloc, as well as the adoption of a convention on anti-extremism. As China succeeds Kazakhstan as the SCO chair for a year, observers are wondering what the expansion of the bloc will mean for the "Shanghai Spirit".

China unlikely to see financial crisis

Moody's downgrading of China's long-term local currency sovereign debt from Aa3 to A1 is badly timed, as it coincides with China's efforts to attract foreign investment into the domestic bond market. However, China's massive credit expansion has led to misallocation of credit and build-up of financial risks.

Talks best way to settle Arab nations' row

Saudi Arabia, Egypt, Bahrain and the United Arab Emirates recently severed their diplomatic ties with Qatar, highlighting once again the turbulence engulfing the Middle East.

Beijing, Tokyo must build mutual trust to improve ties

In February 1972, then US president Richard Nixon visited Beijing in an effort to improve his country's relations with China. Since it didn't get prior information from the United States about the trip, Japan was caught unawares.

First homegrown cruise ship takes shape

Editor's note: In the run-up to the 19th National Congress of the Communist Party of China, China Daily will cover a series of key projects and advanced equipment of national importance, showcasing the country's huge improvements and relentless efforts in manufacturing upgrading and innovation.

Companies bullish on business in US

Many Chinese companies operating in the United States expect to increase profit and revenue, according to a survey released in New York on Thursday.

Car insurance rates set to fall soon

Motorists could be paying less for their car insurance soon, following a move by the insurance regulator on Friday designed to make rates offered by insurance companies more competitive.

Corporate leaders praise China's entrepreneurial spirit

Innovation is the key to success for China's young entrepreneurs, some of the biggest names in the global business world told an informal meeting in Beijing this week.

IN BRIEF (Page 6)

Leading economists defend China's currency policy mix

Chinese and US economists are convinced that having a relatively stable renminbi exchange rate is in both China's and the world's interest.