More small businesses in China will enjoy tax breaks as part of the government's efforts to promote their growth and counter pressure on economic growth, the State Council announced following a meeting on Wednesday.
Premier Li Keqiang said Tuesday that recent anti-trust probes had not targeted specific firms or industries, and foreign companies accounted for only 10 percent of those involved.
As China's economy runs out of steam, small businesses could bring back vitality to the pursuit of growth.
Chinese solar power companies have expressed regrets over new import duties the United States plans to levy on imported Chinese photovoltaic (PV) products.
The nurturing of private lenders in China gained traction on Wednesday as Shanghai's first private bank prepared to open in the free trade zone (FTZ)
Chinese firms are venturing overseas to tap the global market, but many feel shackled due to cultural and financing difficulties, analysts said at an ongoing international forum.
China's industry heavyweights enjoy easy access to cheap bank loans, while smaller firms in dire need for fund usually find it expensive, if not impossible, to secure loans.
Money, technology and talent are seldom in short supply for Liu Yonghao, head of China's largest animal feed producer. However, "the king of animal feed" is constantly hungry for imported original materials.
The "Big Four" accounting firms said on Thursday they intend to appeal against a ruling by the U.S. Securities and Exchange Commission recommending the suspension of the firms' China units for six months.
Private Chinese firms are braced for another wave of funding difficulties as banks hoard cash to meet regulatory requirements at the end of the year.
Construction firms in Laos are preparing for a downturn in state investment projects as the Lao government tightens spending to avoid destabilizing debt, state- run daily Vientiane Times reported on Thursday.
Two Chinese Internet stocks have seen their shares soar after debuting on U.S. stock markets last week, reaffirming overseas investors' appetite for Chinese stocks amid a high-profile spat between U.S.-listed Chinese companies and short-sellers.
Two Chinese Internet stocks have seen their shares soar after debuting on U.S. stock markets last week, reaffirming overseas investors' appetite for Chinese stocks amid a high-profile spat between U.S.-listed Chinese companies and short-sellers.
Beijing is wooing Internet-based financial services such as online peer-to-peer lending and crowd financing to move their activities to its technological hub, promising perks from lower rents to cash rewards.
The Indonesian police have already turned over the result of their investigation to the Environment Ministry pointing to two Malaysian-owned firms as having started the forest fire in Sumatra, triggering heavy smog in neighboring Singapore and Malaysia.
Local economic governance across Vietnam in 2012 sharply declined, leading to calls for local authorities to speed up reform, according to analysis provided by the 2012 provincial competitive index (PCI).