Long-term value investing in the Chinese capital market is fostering innovation-driven and fast-growing enterprises and encouraging Chinese business leaders to rethink their companies' position in the transformation of global value chains, said a senior economist.
A declining loan-to-deposit ratio for Chinese banks in the first quarter of 2019 indicated that the liquidity of the banking sector is generally adequate, said an expert of Moody's Investors Service.
A core tenet in the study of theatrical performance says that the audience is more than a passive observer but possesses the power to inform creative pieces as they unfold.
Tencent Pictures, the motion picture business of Tencent Holdings Ltd, is looking to be involved in the production and distribution of around 100 movies and TV series in the next three to five years as the internet giant banks on digital technology to bolster what is soon expected to be the world's top movie market.
Central China's Hubei province plans to invest a total of 1.3 trillion yuan ($203 billion) in 91 major projects in an effort to pursue green development and sustainable development, the province's Party secretary said on Wednesday.
Metropolitan areas could be the next driving force of China's urbanization. The country's top regulator and political advisers are drawing up new blueprints that are concentrated in some second-tier cities in the central and western regions.
Both new and pre-owned home prices in China's major cities continued to stabilize with slower growth in May, thanks to the tightening measures adopted by local governments and the long-term adjustment mechanism, said experts.
Major Chinese e-commerce players are accelerating efforts to seek new growth points and further tap the consumption potential from lower-tier cities and towns through providing exclusive offers and promotions during this year's June 18 shopping carnival, said industry insiders.
Transport infrastructure projects under the Belt and Road Initiative have the potential to "substantially" boost trade and reduce poverty in participating economies, as well as to generate a positive impact for the wider global economy, said a report released by the World Bank Group on Wednesday.
The outer containment dome of the Karachi unit 2 nuclear reactor in Pakistan was successfully installed on Monday, a milestone marking the end of its general construction work, said China National Nuclear Corp, one of the country's largest nuclear power companies.
When the going gets tough, the tough get going is a phrase that I have read often, but never seen in real life. I must confess that I have been proved wrong, judging by the hustle and bustle that is visible every day at the campus in Shenzhen that also doubles up as the headquarters of Chinese telecoms equipment major Huawei Technologies Co.
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Raymond Zhou
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