China is tightening scrutiny of financial institutions' overseas investment using State-owned assets, by further checking shareholders' quality and funding sources, in order to prevent losses of State-owned capital, according to a report reviewed by the nation's top legislature.
Natural gas demand for residential use will be guaranteed during the upcoming winter heating season despite the tight gas supply, according to the nation's top economic regulator.
Five years after reaching a partnership with a Chinese real estate developer for a permanent show in Hangzhou, Zhejiang province, Cirque du Soleil announced on Wednesday that the show will premier in May in what it calls "the most expensive theater ever built".
Chinese automaker Zhejiang Geely Holding Group announced on Wednesday it will set up a joint venture with German manufacturer Daimler AG to offer ride hailing services in the world's largest auto market.
TuSimple, a self-driving truck solutions company, was one of the two companies granted China's first road test plate for autonomous driving trucks in Shanghai on Oct 16.
Reducing tariff barriers and creating more market access opportunities will help the US auto industry to offset headwinds from global trade uncertainties, an industry official said.
Cecelia Wang, a 27-year-old office clerk based in Beijing, believes that women's wardrobes always need one more elegant dress.
The Chinese sharing economy's latest innovative offering allows users to rent luxury handbags for less than $2 per day, but industry analysts said the business is not likely to grow to a large scale.
Gloria Yang, a magazine editor in Beijing, booked a 61-square-meter loft via Tujia.com, a Chinese accommodation sharing and booking website, to celebrate her 27th birthday last year.
A broad range of financing instruments have been selected by China's monetary authority and financial regulatory bodies to help overcome the funding shortage faced by much of the nation's private sector.
China should promote innovation in green finance and expand sources of funding for green finance by making strong efforts such as developing green bonds and issuing green asset-backed securities, bankers and policymakers said at a forum on Tuesday.
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Raymond Zhou
Op Rana
Berlin Fang
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Chen Weihua
