The grand plan to build Hainan into an international free-trade zone will not only boost South China's development, but also catalyze economic growth in the Asia-Pacific region and the rest of the world, said one of the nation's top experts in international trade.
The development of Hainan into an international free-trade port heralds a new stage of the reform and opening-up of the Chinese economy as the island boasts the potential to compete with other international ports such as Hong Kong and Singapore, experts said on Monday.
About 30 aircraft across the spectrum of business aircraft are being showcased in Shanghai during the annual three-day Asian Business Aviation Conference & Exhibition starting from Tuesday.
Chinese exporters will increase efforts in brand building and product structure adjustment to avoid potential future business losses brought about by an ongoing trade dispute between China and the United States.
For Rick Hawbaker, who runs a John Deere dealership in Nevada, Iowa, the current trade disagreement between the US and China is like a marital spat.
China has shown a strong desire to further open up and the intent of policy improvement is expected to follow through in execution, said Piyush Gupta, CEO of DBS Group.
China will become the world's largest market for autonomous cars, with revenue from sales of such new cars and mobility services expected to exceed $500 billion by 2030, according to the latest report from global management consulting firm McKinsey & Company.
When a Chinese dockless bike-sharing scheme was launched by Mobike in the Northern English town of Stockport in March, residents took to social media to voice their approval.
China's 120 trillion yuan ($19 trillion) asset management segment, which comprises trust funds, insurance, securities, public and private funds, and commercial banks' wealth management products or WMPs, is on the cusp of a new era of tighter regulation and balanced growth free of systemic risks.
After more than 10 years of wild expansion, will China's credit, which has accumulated to 178.73 trillion yuan ($25.3 trillion) by February in terms of total social financing, be tamed by a newly formed regulatory framework for the asset management segment?
Commercial banks are accelerating efforts to adjust their wealth management products or WMP business according to new regulatory requirements, as China is stepping up control over financial risks.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
