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China unveils guideline on reforming state-owned asset management


The State Council, or China's cabinet, unveiled a guideline for reforming the management of the country's colossal state-owned assets on Wednesday.

China to establish Shenzhen-HK Stock Connect this year: PBOC governor


China will set up the Shenzhen-Hong Kong Stock Connect this year, according to Zhou Xiaochuan, governor of the People's Bank of China (PBOC), the central bank.

China eyes greener development


​Footage of a snow leopard wandering down a street in a county in northwest China's Qinghai Province captured by an onlooker went viral last month, with netizens calling it a sign of environment recovery.

CPC vows less government price intervention


The Chinese government will intervene less in price formation, according to a communique released on Thursday after a four-day key meeting of the Communist Party of China (CPC).

CPC targets transparency to woo foreign investors


China will attract more foreign investors by being clearer on the rules that apply to them, according to a communique released on Thursday following the Fifth Plenary Session of the 18th Communist Party of China (CPC) Central Committee.

China vows more opening up


China will continue to open itself up to and engage more with the world, its leaders decided at a key meeting that ended on Thursday.

China five-year plan to chart reform, growth path


China is mulling the 13th five-year plan, which will chart its reform and growth path, when the country is entering a "new normal" of slower growth and boosting re-balancing towards consumption and services.

Beyond floor, ceiling toward interest rate liberalization


​China's central bank removed the deposit rate ceiling when it announced cuts to both interest rates and bank reserves on Friday, as it presses ahead with financial reforms amid a slowing economy.

Premier highlights reform, innovation to promote growth


It is essential to be innovative when drawing up macroeconomic regulation and reform measures, as they are expected to promote economic growth and industrial upgrading, Premier Li Keqiang said Friday.

Internationalization of RMB a boom for the world


​Major announcements this week have rapidly advanced the cause of the internationalization of the Chinese currency, which is expected to bring further benefits to the world.