Xi gifts HK a road map for prosperity

During his three-day inspection tour to Hong Kong to celebrate the special administrative region's 20th anniversary, President Xi Jinping not only brought good weather but also many memorable sound bites and powerful messages.

Initiative a win-win deal for China and Mongolia

Khaltmaa Battulga of the Democratic Party was sworn in as the fifth president of Mongolia on July 10 after winning the runoff election with 50.6 percent votes. The 54-year-old business tycoon and former judo champion has vowed to revive Mongolia's flagging economy and pursue equality-based relationships with neighboring Russia and China.

Japan obliged to play constructive role in settling DPRK issue

Together with the United States and the Republic of Korea, Japan has been asking China to do more to "rein in" the Democratic People's Republic of Korea. The three countries hold China responsible for the growing nuclear threat the DPRK poses to them.

Regulators highlight financial stability

Editor's Note: China's top policymakers will gather this weekend at the Central Financial Work Conference in Beijing to discuss and formulate policies for the country's financial sector. The meeting, which is held once in five years, will set the tone for the country's financial policies and reform in coming years with a focus on strengthening coordination among various regulators and preventing systemic financial risks. This curtain raiser presents insights and views of regulators from the banking, securities and insurance sectors.

Dell ramps up resources to penetrate local service market, data centers

US group Dell Inc is ramping up its resources to tap into the Chinese server market, as the country's push for technology-driven growth is fueling a strong demand for internet data centers.

Coty's skincare line jumps on Tmall bandwagon

The thriving Chinese middle class and its huge spending power keep attracting more foreign brands to open stores here, but unlike the traditional method of entering a new market, many brands opt for establishing their presence on the giant Tmall, a B2C marketplace owned by Alibaba and regarded as the dominant force in China's e-commerce world.

Temasek to invest more in China's consumer sectors

Singapore's state-owned investment firm Temasek Holdings Pte Ltd is optimistic about the world's second biggest economy and it plans to bet more on consumer-related sectors in China, two of its leading executives said.

IN BRIEF (Page 6)

Iron and steel sector profit set to soar

China's ferrous metal industry is set to post a strong performance in the first half of the year on the back of government measures to cut overcapacity and optimize the industry's structure, experts said.

Coal capacity targets well on track

China is on track to meet its target to cut coal production capacity this year - and would likely top the goal - with further reductions expected in the second half, according to a leading expert on the sector.

Fund-rich HK online brokerage thinks big

Startup Tiger Brokers, an online stock brokerage based in Hong Kong, has said it will use its latest round of financing to bolster its technical strength and products.

Law has to seek truth in US kidnap case

A US federal grand jury indicted Brendt Christensen on a count of kidnapping on Wednesday in connection with the disappearance of Zhang Yingying, a 26-year-old Chinese research student at the University of Illinois, and who was last seen at its Urbana-Champaign campus on June 9.