RMB closer to international currency status

With the exchange rate of the renminbi steadily rising, and the Belt and Road Initiative furthering Chiense investment overseas, China is approaching the day when it can promote the internationalization of its currency, said an adviser to the People's Bank of China.

Caterpillar debuts new equipment in China, demonstrates growing importance of market

Manufacturing giant Caterpillar chose this year's Beijing International Construction Machinery Exhibition and Seminar for a world premier of three new models of hydraulic excavators on Wednesday.

Stitching together a success story

Kassel Kahaer is busy stitching the hems of a towel in a workshop owned by Xinjiang Xinyuesilu Co Ltd, a textile manufacturer in the Xinjiang Uygur autonomous region.

Farmers enjoy fruits of their labors in Gansu

Farmers from Gansu have increased their living standards by linking up with a major soft drink company.

Tourism drive helps to ease poverty in Qinghai

A revamp of infrastructure at local flower tourism sites in Menyuan Hui Autonomous County in Northwest China's Qinghai province is helping lift the income of households in the poverty-stricken region.

IN BRIEF (Page 18)

Bookstores open a new chapter

Mao Jianping likes to pop into the Shanghai Book Mall and immerse himself in maps.

Plot thickens for a 'lifestyle' chain with a difference

Private investment is helping to fuel the boom in newlook Chinese bookstores.

Shape of things to come with a distinctive twist of glamour

State-owned Xinhua Bookstore Group plans to update its out-of-date shops to match a new breed of traditional outlets and online retailers.

Intel expects Chinese tech to see growth

Intel Corp said on Tuesday that it will step up efforts to grow its semiconductor manufacturing business in China, as the US chip giant brings advanced technologies to the country.

E-commerce key to BRICS nations' business ties

E-commerce will become a new engine of business cooperation among BRICS countries to improve both regional and global economic growth, experts said on Tuesday.

Thermo Fisher opens precision medicine customer center

NYSE-listed laboratory equipment provider Thermo Fisher Scientific Inc has launched a precision medicine customer experience center in Guangzhou as it eyes significant investments in China, its second-largest market.