Steel official calls for intelligent platform

An official has called for upgrading in China's iron and steel industry, to take the opportunity of the government's Made in China 2025 initiative.

Foreign banks get investment boost

China has loosened up market access for foreign banks that want to invest in domestic lenders.

BlackRock sees A shares as magnet for global funds

Morgan Stanley Capital International's inclusion of A shares in its widely tracked indices - starting from next summer - could be a catalyst for leading global investors to pile into the Chinese mainland's onshore markets despite concerns about liquidity, according to heavyweight analysts at the world's largest asset manager.

Green loans from banks reach $1.11t

Banks in China are playing their part to curb pollution and global warming by investing 7.51 trillion yuan ($1.11 trillion) in nationwide green projects.

Easy Rider project is helping herdsmen generate horse power and new income

An equine company has rolled out funding to help combat poverty in North China's Inner Mongolia autonomous region.

Fund tackles breast and cervical cancer

Amorepacific, a major cosmetics company from South Korea, is expanding a special fund in China for the prevention and treatment of cervical and breast cancer in regions with insufficient resources.

IN BRIEF (Page 18)

Ant sets sights on mobile pay dirt in Malaysia

Ant Financial Services Group plans to roll out a mobile payment service in Malaysia based on Alipay as it bids to expand into the lucrative Southeast Asian market.

New TCM center to bring traditional methods to Dubai

A traditional Chinese medicine center will be built in Dubai, bringing a new treatment option to the Middle East.

Yuan-based funds end up dominating capital raising, reveals PwC

Yuan-denominated private equity and venture capital funds accounted for over three quarters of the capital raised in the mainland PE and VC markets last year.

Modernization has paid off for the coal industry

Coal industry profits in China are expected to remain high in the second half of the year, thanks to government efforts to cut excessive capacity and the stable growth of the overall economy, said experts.

Chinese firms ascend global rankings

BEIJING - Chinese firms continue to ascend global rankings as their competitiveness grows with the country's transitioning economy. The Fortune Global 500 list is seeing a China boom this year, the renowned magazine said on its website.