China is pledging to further open up the elderly care market for overseas investors, to better meet challenges brought by an aging population.
Emerging technologies are revitalizing the industrial upgrade of the manufacturing sector in Central China's Hunan province, according to top provincial officials.
Soaring stock prices of Chinese liquor brands since the beginning of the year have raised expectations of a recovery in the liquor sector, strengthened by Diageo's increased stake in Sichuan Shuijingfang, the Shanghai-listed Chinese liquor brand.
China will adopt various measures including mergers, acquisitions and restructuring to lower the risks of some high-risk financial institutions and even allow some of them to experiment with bankruptcy, said a senior official of the country's banking and insurance regulator.
BEIJING - The growth in the number of Chinese tourists visiting Spain could be described as "spectacular," Dario Polo Rodriguez, tourism counselor of the Spanish embassy in China, said in a recent interview.
SHANGHAI - Hyatt Hotels and Beijing-based BTG Hotels (Group) announced on Tuesday that affiliates of Hyatt, and Home Inns Hotel Group of BTG Hotels, had entered a strategic partnership to set up a joint venture and create a new hospitality brand.
BEIJING - China's tourism sector is seeing a vibrant change in consumption patterns, with tourists preferring to spend more money on quality experiences, a report said.
"You're a pathological liar," said a Republican congressman from Arizona.
The extinction of a tiny brown rodent in Australia is being blamed on climate change and described as a "national tragedy" by environmentalists and scientists who say it could have been avoided.
Chinese companies in the manufacturing and industrial sectors showed robust performance in the United Kingdom last year, according to a report by London-based consultancy Grant Thornton.
ISLAMABAD/NEW DELHI - Pakistan confirmed on Wednesday that it had carried out air-strikes in India-controlled Kashmir and shot down two Indian warplanes in its airspace, capturing two pilots, a day after Indian warplanes struck inside Pakistan for the first time since the Indo-Pakistani War of 1971. China and the United States urged the nuclear armed neighbors to show restraint.
President Muhammadu Buhari of Nigeria has won a second term, the country's electoral body announced on Wednesday.
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