Global index provider MSCI is likely to approve increasing the weighting of China's A shares in its indexes this week, as the country's capital market reform and opening-up increases the allure of its markets, analysts said.
Massive gas reserves found in the Bohai Sea, the largest discovery in the Bohai Bay Basin in the past 50 years, will further boost China's domestic oil and gas exploration, insiders said.
China should be prepared to fight a protracted and tough battle against financial risks, said a senior official of the country's top banking and insurance regulator.
China's capital market reform and opening-up, a key area of supply-side structural reform in the financial sector, is set to bolster the nation's innovation-driven growth, analysts said.
Construction of China's first nuclear power plant this year is scheduled to start in Zhangzhou, Fujian province, with work on unit 1 starting on June 30, according to a statement released on the website of the city's ecological environment bureau.
Senior business officials from Qatar said the 2022 FIFA World Cup, diversified commercial ties with Chinese companies and new visa policies for Chinese nationals will facilitate the Arab country to become a trade center and gateway for the development of the Belt and Road Initiative in the coming years.
Nansha International Cruise Home Port, an international cruise home port, is expected to commence operations in Nansha of Guangzhou, the capital of Guangdong province, in November this year, according to sources with the port development company.
With methanol-fueled vehicles approaching commercialization, China is set to wrest the early-mover advantage in the field worldwide, industry insiders said.
Great Wall Motor Co Ltd, one of the country's largest SUV and pickup manufacturers, is making hydrogen fuel cell electric vehicles a new focus for its business, expecting it to become a vital sector in the long term, according to a senior company executive.
Unmanned aerial vehicles or UAVs, which are more popular as drones, are evolving from specialist gadgets to consumer electronics items on the one hand and industrial tools on the other.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
