Two-way trade settlement services started on Tuesday in Hainan following the launch of a free trade (FT) account in the China (Hainan) Pilot Free Trade Zone in southern China's Hainan province.
The Chinese people have a long history of loving gold, as the earliest trace of the precious metal was found in a royal tomb dating back 3,000 years. Yet, the modern, private gold industry is surprisingly young.
The Chinese gold industry is struggling to build strong brand images that appeal to younger consumers, as the industry's new target market now sees jewelry primarily as a fashion statement, not an investment.
When I entered one of the most influential gold making companies in Shenzhen, Guangdong province, the first thing that came into view was a large shrine of Guan Yu - the god of brotherhood, warriors and fortune.
Banks in Shanghai and Shenzhen have started to offer mild discounts for first-time home buyers, while Beijing's mortgage rate remains unchanged, according to online loan search platform Rong360.com.
China's real estate market is expected to grow at a steady pace after the high-speed development of recent years, according to industry data.
South Korean technology giant Samsung Electronics Co Ltd is adjusting its strategy in China as it has closed one of its smartphone manufacturing plants in Tianjin and plans to invest $2.4 billion to build new battery and capacitor plants in the city, in order to shore up its business in China.
US fast food chain Burger King Corp aims to open another 1,000 new restaurants in China in three years, in a move to further consolidate its presence in the promising market.
Though internet-enabled cameras are gaining in popularity, concerns are growing about personal safety risks and public security threats, a new report said.
Since 2012, China Daily has chosen a selection of powerful and evocative pictures, from tens of thousands of images taken throughout the course of each year.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
