China / Economy

9fbank launches new wealth management product

[2014-04-25 18:40], an online platform dedicated to Internet finance, on Thursday launched a new wealth management product based on debt investment across different industries.

Entrepreneurial spirit alive, well in Zhejiang

[2014-04-25 18:25]

People in East China's Zhejiang province seem eager to set up shop, as one out of 12.6 people in the province have their own business, said the Zhejiang Provincial Administration for Industry and Commerce.

Projects 'should not be seen as stimulus'

[2014-04-25 01:30]

The 80 infrastructure investment projects announced by the government are aimed to link growth with reform, said a senior economist.

Property market cools down amid rigid lending

[2014-04-24 21:41]

The slowdown of the property market that was mainly seen in China's third- and fourth-tier cities last year has spread to more areas, and analysts warn of a tough 2014 for developers.

Chinese banks continue net forex purchases

[2014-04-24 21:26]

Chinese banks bought more foreign currency than they sold in March, the eighth consecutive month of net foreign exchange purchases, China's forex regulator said Thursday.

Baidu launches big-data search engine

[2014-04-24 21:17]

Baidu Inc, China's Internet search giant, announced on April 24 the launch of a big-data engine, opening the company's capacity in storage, analysis and search of data to the public.

Sinopec announces financial consultants for opening-up move

[2014-04-24 19:42]

China's top oil refiner Sinopec on Thursday announced the names of four financial consultants as it looks to attract social and private investment in its lucrative oil distribution business.

China raises retail oil prices

[2014-04-24 18:40]

China's top economic planner announced on Thursday that it will raise the per-tonne retail price of gasoline by 155 yuan (25.33 US dollars) and diesel by 145 yuan as of Friday.

PE firm in landmark listing

[2014-04-24 18:40]

Beijing Tongchuangjiuding Investment Co has become the first private equity company to be listed at the National Equities Exchange and Quotations.

China issues five-year treasury bonds

[2014-04-24 03:30]

China will issue 29 billion yuan ($4.7 billion) in five-year book-entry treasury bonds, the Ministry of Finance announced Wednesday.

Infrastructure projects set to boost growth

[2014-04-24 02:08]

China announced 80 major infrastructure projects in aim to jumpstart economy slowdown while experimenting with wider access for investors.

Canton Fair awards bid launched

[2014-04-23 19:06]

A campaign to award the top 10 Chinese machinery manufacturers has been launched as part of efforts to boost exports of Chinese machinery products, organizers said.

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