The sluggish capital market is one reason why China International Capital Corporation (CICC), the country's leading investment bank, does not want to rush into overseas expansion, CICC's chairman Li Jiange told China Daily.
Urbanization occurs naturally from efforts to reduce time and expense in commuting and transportation while improving opportunities for jobs, education, housing, and transportation.
SHANGHAI - US bank JPMorgan Chase & Co launched its first 35th running competition in Shanghai for the first time this month to foster a sports habit among its workers.
BEIJING - Zhou Hui, a senior college student at Tsinghua University in Beijing, won the best gift she could imagine before her graduation - a chance to be a torch bearer in the 2012 London Olympic Games.
XICHANG, Sichuan - The Swiss Pharmaceutical maker Novartis International AG has planted the first batch of 12,000 trees in Liangshan Yi autonomous prefecture, in Southwest China's Sichuan province.
BEIJING - Colgate-Palmolive China is offering free oral examinations and consultations, a move that accords with the Chinese government's call to improve the nation's dental health.
More than 500 major suppliers from home and abroad are expected at the 2011 Keqiao International Textile Autumn Expo set to run from Oct 25 to 28 in its namesake township in Zhejiang's Shaoxing county.
Mention of the booming commodity trade in Zhejiang province usually evokes images of Yiwu, where dealers can search for every kind of small commodity imaginable.
Already the world's largest wholesale textile market - accounting for one-fourth of global transactions in fabrics - China Textile City in Shaoxing county of Zhejiang province is moving to grab an even greater share of the market, according to a development plan by the county government.
Sales of passenger cars in China have exploded in recent years and, as a result, the country has been the world's largest auto market since 2009, and automakers from around the world have been vying for business.
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