Nearly 5,000 Chinese fans got an up-close look at the nuances of US college hoops when the Yale Bulldogs beat the University of California Golden Bears 76-59 at Shanghai's Baoshan Sports Center earlier this month.
Team competitions often bring out the best from athletes, especially when they proudly don the national colors to represent their countries.
Private companies facing short-term financing woes are expected to receive more financial and policy support in corporate debt issuance to overcome difficulties, with more detailed guidelines specifying criteria coming out soon, according to officials with the nation's top economic regulator.
The Ministry of Commerce would provide full support for the development of private enterprises, and would launch more pragmatic measures so that the private economy will make more contributions to "promoting consumption, expanding foreign trade, attracting global investment and encouraging capable companies to conduct going global activities", Commerce Minister Zhong Shan said on Wednesday.
Despite the convention that October is the peak season for property trading, property prices in the nation's major cities remained stable, and pre-owned home prices in top-tier cities declined month-on-month, National Bureau of Statistics data showed on Thursday.
The so-called "debt trap" or "debt crisis" brought about by Chinese investment in markets related to the Belt and Road Initiative is actually fabricated by some people or organizations, and the rumor has harmed host countries' ability to develop their economy, foreign business executives said on Thursday.
Major global audit and advisory firm Deloitte is expecting China to become one of its strongest markets in terms of business growth across its global network over the next five years, with a focus on technological opportunities, according to its global chief executive.
Private entrepreneurs from Wenzhou have welcomed President Xi Jinping's call to provide more support to private enterprises.
Leading entrepreneurs from Nanjing, capital of East China's Jiangsu province, said that President Xi Jinping's emphasis on providing more support to private enterprises has given them more confidence in future development.
The European Bank for Reconstruction and Development is interested in working with the Chinese monetary authority in developing local currency lending, backed by a further improved local capital market, the bank's president told China Daily.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
