China's massive power sector is coming under increasing pressure to make progress under State-owned enterprise reform, in a bid to turn around the loss-making industry, analysts said.
Editor's note: In the run-up to the 19th CPC National Congress, China Daily will cover a series of reforms, showcasing huge improvements in the country's services.
Tax cuts will be like a shot in arm for corporate China, fueling economic growth as well as forcing the government to keep a tight grip on spending.
A massive tax shake-up has revitalized the service sector and stimulated economic growth.
DES MOINES, IOWA - General Motors Co sold a vehicle in China every eight seconds last year.
BEIJING - When LanzaTech, a company that turns industrial waste gas into fuel and chemical products, tried to bring its technology to the market, it sought partnerships in the United States.
A decision to include China's A-share companies in the MSCI Emerging Market Index could finally happen later this year.
China Eastern Air Holding Co has sold part of its freight business to four private firms.
Chinese stock market will be boosted if A shares are included in the MSCI Emerging Market Index later this year.
Countries, like companies, have to change their business models as world circumstances change.
Garment manufacturing is usually thought to be the prototypical low-wage industry. Companies in the industry move to wherever the labor is cheapest.
Recent measures against speculative property investments have begun to have the desired impact of reining in runaway preowned home prices and cooling the transaction frenzy in top-tier cities like Beijing and Shanghai, said analysts.
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