When a bus in Changsha, capital of Central China's Hunan province, approached its station, it stopped smoothly as other buses did, but the driver's feet did not hit the brake, nor did his hands touch the wheel.
China's central region has remained attractive for foreign investors due to its potential for high-quality development and steps to develop high-end manufacturing and service sectors in recent years, said officials.
The robust economic performance of many local governments and cities has offered concrete evidence that China's economic growth remained resilient during the first quarter, with the pivot shifting from traditional industries to emerging industries.
Prices of rare earth firms listed on the A-share market surged on Monday after reports that China has extended the ban on imports of medium-to-heavy rare earths, including dysprosium oxide and terbium oxide, from Myanmar.
Creditor committees in China are pushing for reforms and provide support for companies that have good prospects for development but have run into temporary trouble by stepping up financial aid through loans and helping them with deleveraging and debt restructuring.
Using your phone as a wallet is old hat in China. Using it as a checkout counter? Not so much yet.
Retail businesses are replacing intuition and luck with data analysis to engage with consumers in a more accurate fashion. But on the consumer side, it's a more complicated story.
Chinese automaker Great Wall Motor Co Ltd is gearing up boldly for expansion into India and North America even as the domestic auto market, the world's largest, reels from a sharp slowdown.
Shanghai has the world's largest concentration of major global retailers after Dubai, providing a solid foundation for the metropolitan city to fulfill a key government initiative known as the "Shanghai Shopping" brand.
FUZHOU - Loaded with food, clothing and furniture, shipping company MSC's "Seaspan New York" left Xiamen port in East China's Fujian province in early April.
Domestic consumption will have to be the primary demand-driver for the products of China's factories and businesses. For, the nation is transitioning from an economic model based on infrastructure investment and exports made by low-cost labor toward one based on higher wages, upgraded industry, and technology development.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
