Online shopping is no longer exclusively for city dwellers, as residents of smaller locales are now spending more money buying goods on the Internet.
American sci-fi adventure "After Earth" topped China's box office charts for a second week making 102 million yuan (16.6 million U.S. dollars) at movie theaters.
Eight years after China began exchange rate reform, the Chinese currency Renminbi (RMB), or the yuan, has advanced 34 percent against the U.S. dollar.
China's box office sales totaled 10.99billion yuan (1.79 billion U.S. dollars) in the first half of 2013, up 36.2 percent year on year, amid a surge in ticket sales for domestic films.
Chinese drama "Tiny Times" knocked superhero blockbuster "Man of Steel" off the top of China's box office charts during the week ending on June 30.
China's central bank announced Sunday that it has signed an agreement to establish a currency swap line with the Bank of England (BOE) to boost bilateral trade and financial stability.
The yuan is now being used more often in cross-border settlements, although challenges still remain.
China will lower the per-tonne retail prices of gasoline and diesel by 95 yuan (15.32 U.S. dollars) and 90 yuan, respectively, starting from Friday, the country's top economic planner said Thursday.
Deutsche Bank has completed its first Renminbi (RMB) bond issuance in Taiwan in a deal worth 1.1 billion yuan (178.28 million U.S. dollars), the bank announced Wednesday.
Speculative money lies behind the rising yuan as the relatively high interest rates in China in comparison to other countries are attractive to investors.
Speculative money lies behind the rising yuan as the relatively high interest rates in China in comparison to other countries are attractive to investors.
Banking giant Industrial and Commercial Bank of China (ICBC) kicked off its yuan clearing services in Singapore on Monday, marking a milestone in Singapore' s development as an offshore yuan hub.
Prices of poultry products in China could rise sharply as early as next month as the waning H7N9 virus helps consumers regain confidence in poultry meat and eggs, experts said.
As the Dow Jones Industrial Average climbed to an all-time high above 15,000 points last week, Zhang, a shoe factory owner in the Chinese city of Wenzhou, yearned to draw money from lackluster domestic markets and invest in U.S. stocks.
China's new yuan-denominated lending dropped to 792.9 billion yuan (127.85 billion U.S. dollars) in April, down from 1.06 trillion yuan in March, the central bank said Friday.
The excess global liquidity and subsequent capital arbitrage in the Chinese market have pushed up the yuan to new highs in recent tradings, analysts said.
China will slightly hike gasoline and diesel prices starting Friday, the first increase since the fuel pricing scheme was reformed in March.
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