China is in the midst of implementing a host of reforms, which are focused on opening up its economy to foreign competition and strengthening its private sector. They are needed to upgrade its industries and avoid the dreaded middle-income trap.
Shangri-La, something people know but can't define. Is it an earthly paradise? A hotel chain? A Chinese city or town? A Tibetan Utopia?
China's new bank lending moderated in April after surging in March, amid indications that more monetary policy measures would be rolled out to counter headwinds from global trade uncertainties.
The Chinese government has set aside bullets, especially in terms of fiscal policy, to tackle economic risks and support business growth in the second quarter, according to policymakers and experts.
A joint venture focusing on multimodal transport is being established this month at the port of Shanghai, as part of efforts to increase transport efficiency and lower carbon emissions, according to a top company executive.
After being overwhelmed by big 5G announcements and advertisements for months, domestic consumers can finally get their hands on the much-awaited 5G smartphones in June.
The markets involved in the Belt and Road Initiative provided a strong boost to China's trade performance in the first four months of 2019, official data showed on Thursday.
The growth rate of China's consumption market will recover sharply this year, thanks to the booming service consumption sector, growing online consumption and smart retail, industry experts said.
Improved earnings of companies listed on mainland bourses during the first quarter of the year augur well for the full-year financial results and are an indication of the vitality the Chinese economy, analysts said.
Equities pared losses on the A-share market on Wednesday even as most of the other Asian bourses exhibited a mixed trend on concerns about the ongoing trade dispute between China and the United States.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global financial messaging platform based in Belgium, is stepping up its localization strategy in China to meet domestic financial institutions' growing demand for cross-border financial transaction services, a senior executive said.
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