Economic review

Nation plans regulatory changes

2018-02-13 08:49:00

A more complex set-up for China's financial regulatory system is emerging, which is required to oversee the cross-market business of inflated financial groups by making professional and effective decisions, emphasizing the core role of the central bank i Full Story

China to strengthen regulation over Internet finance businesses

2018-02-12 17:08:00

China will continue to strengthen regulation over the country's mushrooming Internet finance businesses in 2018 to facilitate long-term development of the industry, the National Internet Finance Association (NIFA) has said. Full Story

Chinese shares rebound from rough week

2018-02-12 17:04:00

China's major stock indices rose on Monday, tracking Wall Street rebound after last week's ferocious sell-off. Full Story

Guangzhou sees robust e-commerce cross-border trade

2018-02-12 17:02:00

Three hours after landing at an airport in Guangzhou, lobsters from Boston in the United States have been sent to a temporary pool in a bonded area and will reach the table of local residents the next day. Full Story

Poly Real Estate sales surge in January

2018-02-12 14:45:00

Poly Real Estate Group, one of China's largest developers, posted surging sales in January despite a cooling property market nationwide. Full Story

New material industry expected to create 10t yuan by 2025

2018-02-12 14:22:00

The Ministry of Industry and Information Technology said the output value of China's new materials industry is expected to reach 10 trillion yuan by 2025 and will maintain an average annual growth rate of 20 percent. Full Story

China central bank skips open market operations for 14th consecutive working day

2018-02-12 14:16:00

China's central bank suspended open market operations for the 14th working day Monday to maintain stable liquidity in the banking system. Full Story

Face recognition, online technology expedite Chinese New Year travel rush

2018-02-12 14:13:00

Through the increased application and implementation of technology at railway stations, this year's Spring Festival travelers should experience greater convenience and better service on their nearly 400 million trips by train. Full Story

Alibaba buys into home improvement business

2018-02-12 13:59:00

Alibaba is to pay 5.5 billion yuan (870 million U.S. dollars) to buy a 15 percent stake in Easyhome, a domestic home improvement chain. Full Story

Chinese cities swim toward free trade ports

2018-02-12 13:42:00

More than 10 provinces and cities across China said they will "actively explore [the possibilities] of establishing free trade ports." Full Story