China's monetary authority will maintain a prudent monetary policy in the second half of this year, although some external factors may add to economic growth pressure, according to the country's central bank.
Huawei Technologies Co said it plans to unveil its own mapping service in October, as the Chinese tech giant works hard to cope with the US government's ban on using Google Map in its overseas smartphones.
Maoming in western Guangdong province is on the cusp of transforming and upgrading its economy by boosting its new energy industry, extending the industrial chain of its petrochemical sector and tapping the potential of its coastlines.
More than 3 trillion yuan ($434 billion) - that's the estimated annual sales revenue of the traditional Chinese medicine or TCM market by 2020, up more than 71 percent from 1.75 trillion yuan in 2017, a recent report said.
When I first took my British friend Isaebella Watson, 24, to an acupuncture clinic in Beijing, she was horrified when needles pierced her soft skin. She froze, and refused to move initially, fearing that a small change in posture could trigger a sharp pain. Later, however, she was amazed by the magical therapeutic effect.
COFCO Group, China's biggest agricultural products supplier by sales revenue, will continue investing in economies participating in the Belt and Road Initiative to ensure grain security for China while bringing shared prosperity to others in the long run.
US citizen Gavin Wilson, 50, from San Francisco, would have never believed traditional Chinese medicine could help him cope with high blood pressure had he not traveled to China this year and happened to visit a TCM hospital.
BEIJING - As a vital step in easing market access for foreign investors, China has announced opening up the upstream exploration of its oil and natural gas resources by scrapping joint-venture restrictions.
There was a time when China's real estate insiders used to feel their sector was treated like a chamber pot - used opportunistically during economically unpleasant times, only to be cast aside irreverently, even disdainfully, later.
Shanghai's new sci-tech STAR Market, which is compared to Nasdaq, got off to a sparkling debut on July 22, but the real deal for long-term investors is in the deeper market-based reforms the new board seeks to advance.
Foreign companies need to seize the opportunities to adapt to the new direction of China's industrial restructuring. This they have to do while adjusting the strategic layout for future investment in the country. For, the Chinese economy will continue to fare well despite external uncertainties.
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Raymond Zhou
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Berlin Fang
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Chen Weihua
