China's foreign exchange reserves in September rose to their highest level so far this year to reach $3.11 trillion, marking growth for the eight straight month, as capital outflows eased thanks to the stronger renminbi, central bank data showed on Monday.
During the eight-day National Day holiday break, the number of Chinese consumers using the online payment method Alipay abroad surged seven times, and per capita spending has also jumped by nearly 50 percent, a new report said.
Financial players are facing another round of competition along with the daily comparisons of their figures and graphs - the application of facial recognition.
Younger customers and more executives from technology firms on the Chinese mainland are using private aviation services, according to Thomas Flohr, founder and chairman of VistaJet, the world's first full ownership private jet company.
China National Building Materials Group Corp, one of the largest State-owned building materials manufacturers, is in talks to integrate some of its 15 subsidiaries listed both at home and abroad, local media reported.
BEIJING - "People" are one of the things about China that has most impressed Bill Walker, governor of the US state of Alaska.
High growth-minded China is turning its economic spotlight on trade again, after sustained emphasis on supply-side reform.
Chinese firms specializing in cross-border e-commerce are an enthused lot these days.
BEIJING - Back in the 1990s, Long Youfu had a pretty horrible job, creeping into scorching kilns and polishing ceramic tiles. Today, he merely monitors an automatic loading- and-unloading system and presses some buttons on a polishing machine.
Aucma Co Ltd, one of China's largest refrigeration equipment suppliers, is making efforts to reshape Chinese brands as trustworthy and responsible in the company's go-global strategy.
Private hospitals backed by foreign investors will supplement China's existing healthcare system by offering more complicated surgical operations and high-quality medical services, as well as further enriching the ways foreign direct investment gets used in the country.
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Raymond Zhou
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