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.

Healthcare giant plans to increase investment

Johnson & Johnson plans to increase funding in China as the government starts rolling out policies to boost innovation in the pharmaceutical sector and help startups.

Big A-share investors sell stocks to ESOPs

Large shareholders in a number of listed A-share companies have sold down some of their holdings to employee stock ownership plans or ESOPs in the past week, in a move that comes after China's securities authorities recently strengthened regulations about the behavior of major shareholders.

Promising signs that peninsula stakeholders might work together

The Republic of Korea has reportedly suspended the rollout of a controversial US missile defense system on its soil after its President Moon Jae-in ordered an environment impact assessment.

Shadow cast on sunshine rule

Since it came into force on May 1, 2008, the regulation on government information disclosure has laid an institutional foundation for promoting government transparency, but various problems have also been exposed during its implementation, fueling calls for it to be revised.

Tougher punishments necessary to curb affordable housing profiteering

THE BEIJING COMMISSION OF HOUSING and Urban-Rural Development recently announced it will strengthen its efforts to curb the illegal activities that plague the capital's affordable housing programs. Beijing News comments:

Attempt to avert public supervision backfires

OFFICIALS IN HUXIAN COUNTY OF XI'AN, Shaanxi province, reportedly hired locals to stalk visiting journalists, whose real-time whereabouts, possible destinations and even their license plates were instantly reported to the local "work groups" using the instant-messaging app WeChat. Beijing News commented on Thursday: