In recent months, branch directors, account managers and 600 staff of China Minsheng Bank in Ningbo, a port city in Zhejiang province, have been stepping out of their offices and customer-facing counters to visit hundreds of enterprises. Their goal has been to conduct on-site evaluations and get first-hand understanding of clients' demands.
Urwork, a Chinese co-working space provider, opened its second overseas office in late September in Los Angeles.
China's credit expansion aims to strengthen the real economy's growth in the coming months, accompanied by the fine-tuning of the central bank's monetary policy and the deepening of reforms to facilitate the deleveraging process.
For UGG, a youth-oriented footwear brand from California, the China market is the new holy grail.
BERLIN - When Wang Xiongshi, a Chinese doctorate student, returned to China after two years, he found changes and development so astonishing that he risked falling behind.
China's debt ratio is controllable and a fast deterioration is unlikely, as measures have been taken to prevent potential risks, despite a relatively high level of corporate debt, the central bank governor said at the 19th National Congress of the Communist Party of China on Thursday in Beijing.
China's long term economic development plan has proven to be very effective. I am keen to know more about the country's next long-term national development agenda. We know China's objective in transforming itself. As a world leading science and technology company from Germany, we would like to partner with China on research and development and its manufacturing capability upgrade.
The nation will accelerate the opening up of its banking sector to foreign investors and consider steps to increase the upper limit of shareholding in Chinese financial institutions by foreign banks, the country's top banking regulator said on Thursday.
Industrial value added output witnessed better-than-expected growth in September, as efforts to promote industrial upgrades continued to bear fruit, data showed.
Speculations in first-tier cities' real estate market have been effectively curbed as city-specific measures are gradually showing influence, according to a spokesman for National Bureau of Statistics.
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