Two of the largest State-owned commercial banks in China recorded a significant improvement in their asset quality last year, as a combined result of several factors including the adjustment of their credit structures and acceleration of the disposal of nonperforming loans.
German industrial giant Bayer Group is joining hands with the China Women's Development Foundation to launch a program aimed at enhancing healthcare for women in China.
The Center for Environmental Education and Communications and Kao Holding Co Ltd, a Japanese chemical and cosmetics company, kicked off a joint campaign to promote water conservation in Beijing, to mark the 26th World Water Day on March 22.
PepsiCo observed World Water Day on March 22 by offering a plan to tackle the international water crisis - namely through innovation, green production, water recycling and greater access to safe drinking water.
The era of overall shortage has ended in China's property market, but new issues of unbalanced allocation and undeveloped services have emerged, said China Vanke Co's Chairman Yu Liang.
Bohai Capital Holding Co Ltd, a finance leasing company and a sub-affiliate of HNA Capital, said its wholly-owned aircraft lessor Avolon Holdings Ltd has sold 41 aircraft to Sapphire Aviation Finance I Ltd, as the troubled HNA continues to sell assets to improve liquidity.
HONG KONG - The mainland's largest provider of on-demand online services Meituan-Dianping has tapped Bank of America Merrill Lynch, Goldman Sachs and Morgan Stanley to work on a Hong Kong float that could see it list as early as this year, according to people with knowledge of the move.
Eric Heitz, CEO of the Energy Foundation, said China's launch of a carbon market is a milestone that will help tackle pollution and climate change and suggested that in the future, more sectors should be covered in addition to power generation.
China Construction Bank Corp is exploring long-term home leasing as a way to offer financial services to high-quality clients, and is helping to reduce housing inventory.
CHONGQING - Long and big-bellied Rongchang pigs have long provided ideal pork for a Chinese delicacy called Huiguorou, or stir-fried pork slices in spicy sauce, but now, the fame of the pig breed is transcending the catering and restaurant industry.
Strong, stabilizing foreign policies such as the Belt and Road Initiative are helping to connect China to the wider world, especially through infrastructure investment, high speed trains and major construction projects around the world, a new survey said.
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