Tianjin-based Bloomage Biotech is expected to break ground on a facility to produce hyaluronic acid (HA) used by dermatologists to keep the skin looking vibrant and young and is a key ingredient in cosmetics and medicine, a website under the Tianjin Economic and Development Area said.
China's real estate industry may be staring at what some may label as a monstrous financial problem.
The rise of Chinese startups overseas is spurring CCV, a Chinese investment firm with financial arsenal of $400 million, to target opportunities abroad.
For young Chinese professionals from all parts of China working and living in Beijing, high home prices create twin anxieties: big loans that may take a lifetime to pay off; and the fear of property price falls.
Stepping up efforts to establish China's real estate investment trusts, or REITs, may be one of the fundamental solutions to rising financial risks of the real estate sector, policy advisers and experts said.
Life is marvelous, in the virtual world of 1855. You are relaxed inside your gentlemen's club, Pall Mall, Westminster, the City of London.
You are standing at the edge of an abyss. The time is now, and across the abyss, is your future. The challenge: can you rise above the abyss, or fall into it? The answers are out there, but it's on you to find them.
A national bankruptcy mechanism is under discussion by policymakers, covering local governments and enterprises, to prevent systemic financial risks, said a senior official with the central bank.
China's consumption market is expected to remain stable and grow in the second half of the year, pushed by the country's stable job market and tax cut measures, as well as the new round of reform and opening-up, the Ministry of Commerce said in an online statement.
The Hangzhou-Shaoxing-Taizhou line in East China's Zhejiang province, which is the first privately controlled high-speed railway line in China, is expected to become the country's first railroad line managed by artificial intelligence, according to the companies responsible for the railway's construction.
Chinese ride-sharing company Didi Chuxing plans to invest more than 2 billion yuan ($291 million) this year to strengthen safety mechanisms for passengers and drivers on its platform.
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Raymond Zhou
Op Rana
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Chen Weihua
