The registration-based initial public offering system piloted by the STAR Market-China's new science and technology innovation board on the Shanghai Stock Exchange - is the most critical innovation of the rules governing the A-share market and will help revamp the whole market.
The Shanghai Stock Exchange launched the STAR Market, a Nasdaq-styled science and technology board, on June 13 to high expectations, which were stoked by market-oriented regulatory rules.
Editor's Note: This year marks the 70th anniversary of the founding of the People's Republic of China. This is part of a series looking at the significant developments in various fields as the country increases its interaction with the world.
China's monetary authorities may moderately ease their overall prudent policy stance in the second half of the year, helping to anchor economic growth and the stock market, analysts said on Thursday.
Harley-Davidson Inc, the iconic US motorcycle company, will move some of its production to China to make a small motorcycle.
A new subway train, which consists of six carriages and features cutting-edge carbon fiber technology, completed its first trial run in Qingdao, Shandong province, on Wednesday.
Further adjustments to China's macroeconomic policies can be expected, including consumption stimulus and more flexible monetary policy, which aim to stimulate domestic demand in the second half of this year and counteract the negative impact from trade tensions, according to some policy researchers from the National Development and Reform Commission.
Consumption of fast-moving consumer goods in China remained robust last year, growing at a rate of 5.2 percent because of strong demand for high-end products, smaller brands and a new retail format, an industry report said.
Considered Wall Street's leading expert on China, Stephen Roach, senior fellow at Yale University and former chair of Morgan Stanley Asia, has spent more than two decades researching and writing about China.
Long-term value investing in the Chinese capital market is fostering innovation-driven and fast-growing enterprises and encouraging Chinese business leaders to rethink their companies' position in the transformation of global value chains, said a senior economist.
A declining loan-to-deposit ratio for Chinese banks in the first quarter of 2019 indicated that the liquidity of the banking sector is generally adequate, said an expert of Moody's Investors Service.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
