The municipal government of Shanghai said it will make Pudong New Area contribute more to the high quality development of the nation and achieve the goal of 2 trillion yuan ($290.7 billion) GDP (gross domestic product) in seven years, official sources said on Tuesday.
China General Nuclear Power Corp, one of the country's largest nuclear power companies, has signed an agreement with Italian energy giant Enel for a 100 percent equity purchase of its Gamma new energy project in Brazil, a sign that CGN is entering the clean energy market in South America.
The Chinese capital market accelerated its opening-up with the official launch of the China-Japan ETF Connectivity scheme on Tuesday, allowing investors in both countries to invest in each other's exchange traded funds market.
Austrian Robert Moser never thought he would stay in Shenyang for another 10 years when he first came to China, looking for his dream and a better future in 2008.
Policymakers and bankers are seeing huge market potential for the energy conservation and environmental protection industry, an emerging industry in China.
The development of the Chinese photovoltaic power industry will not be restricted by industrial policies launched by other countries, as the cost of photovoltaic power generation has dropped significantly and the industry no longer relies heavily on subsidies, said an industry insider.
Apart from offering project loans and working capital loans, commercial banks are stepping up support for green companies and projects that are engaged in energy conservation and environmental protection through bond issuance and innovative financial products.
China is accelerating local government bond issuance, which is expected to hit a record high of the year in June, in an effort to stabilize economic growth and market expectations.
Trade volume between China and Japan is expected to see double-digit growth this year, and their business ties will continue to expand in the service and financial areas, said a leading economist.
Nanjing-based Suning.com is expected to become one of the top five grocery retailers in China after it announced a deal to take a controlling stake in French supermarket giant Carrefour's business in China at a lower-than-expected price.
China's booming esports industry is kicking into high gear, with hundreds of millions of players and viewers actively participating in numerous local tournaments.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
