BEIJING - As the world's second biggest economy is at a historic transition, its central bank, the People's Bank of China (PBOC), has many balls to juggle. Sustaining growth, supporting structural reform, curbing asset bubbles and averting financial risks - in face of the increasingly delicate tasks, the PBOC's monetary regulation has also evolved.
BEIJING - On Christmas Day, a cargo train loaded with 90 standard containers of goods left Zhengzhou, Central China's transport hub, for Hamburg in northern Germany. It marked the 1,000th such trip between the two cities.
Commercial banks are looking at ways to boost growth by helping green technology companies as the financial sector and China's economy go through a transformation.
China Zheshang Bank Co Ltd is working closely with small and medium-sized enterprises in the high-tech sector.
Banking regulators are encouraging commercial lenders to help develop emerging industries, overhaul credit structures and look for new growth opportunities.
With two wanghong food businesses - an ice cream parlor and a dumpling house - under his belt, 38-year-old restaurateur Lu Xiaoxun says he has no idea what makes either an internet sensation, the literal translation of the term.
Back in May, Bernadette Dancy decided it was time to find a life and confidence coach.
Having removed most immediate existential threats from our lives, from conscription to cholera, the British - like many in the West - have become preoccupied with the nebulous concept of "happiness". The result of focussing on the self-absorbing pursuit of personal happiness? Curiously, but not entirely surprisingly: misery. And so, in time for the high festive season, a new report by the NHS says that Britons have never been more miserable.
China remains determined to curb local governments' debt risks in 2018, as the authorities continue the crackdown on illegal fundraising activities, Finance Minister Xiao Jie said on Wednesday.
China's foreign trade volume is expected to exceed $4 trillion in 2017 if there are no special circumstances based on figures accumulated in the first 11 months, the Ministry of Commerce predicted on Thursday.
Bar code and quick response code payment, which has already become indispensable in most Chinese people's daily lives, will finally enter an officially regulated new era after six years of trial operations.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
