As leaders of the seven major advanced economies gather here Thursday for the G7 summit, ambitions are running high for "guiding the world."
Last week, the central government offered intensive instructions on state-owned enterprises (SOEs) reform, including laying out the tasks and ways of reform and detailed timetable. It has paved the way for further accelerating the reform. Relevant instructions and arrangements recently have also been reiterated in the ten sorts of pilot reforms.
The Group of Twenty (G20) Summit should push forward change on income inequality, financial stability, climate change and migration, said an expert on global economics.
The China-proposed Belt and Road Initiative will promote the economic development of countries in Central Asia, including Kazakhstan, the country's Prime Minister Karim Masimov said at a conference in Astana on Wednesday.
Chinese and British companies are closely and successfully engaging in projects linked to the Belt and Road initiative, demonstrating the complementarity of Chinese and U.K. expertise across the globe, a report showed.
As wages rise, labor-intensive manufacturers in China are faced with a dilemma: Should they stay or should they go? Biel Crystal Manufactory (HK) Ltd., however, is happy it stayed put.
China's exporters are turning to an alternative plan to underpin exports as foreign trade continued to be affected by weak demand, experts said.
The central government, in the Outline of the National Strategy of Innovation-Driven Development released by Minister of Science and Technology Wan Gang at a press conference held by the State Council Information Office on May 23, defined the goals, development direction and key tasks for China's innovation-driven development in next three decades.
After a series of ministerial meetings of the world's seven major industrialized economies, the long-awaited Group of Seven (G7) leaders'summit will finally be held Thursday in Ise-Shima in central Japan covering a series of urgent and important global and regional issues.
As the data on local government debt in 2015 have been gradually disclosed, journalist of the 21st Century Business Herald outlines the sketch of local government debt for 2015 according to the data set out in bond issuance documents and rating reports published by local governments.
Since Japanese Prime Minister Shinzo Abe assumed power in 2012, the economic strata of Japan is gradually degenerating to a "pyramid" with the polarization of the rich and the poor becoming more serious and the poor at the bottom accounting for an increasingly larger part of the population.
Journalist from the China Securities Journal learnt that, based on issued Guidelines on Major Assets Restructuring Information Disclosure and Trading Suspension & Resumption of Listed Companies and Notice on Further Standardize Trading Suspension & Resumption and Related Information Disclosure of Listed Companies (exposure draft), newly revised rules on trading suspension & resumption are likely to issue next week at the soonest. “Cheating restructuring” problems concerned by the market will be strictly controlled. Meanwhile, new rules will restrict the random trading suspension & resumption or long-term suspension in the A-share market, which is regarded as a move to sweep out the obstacles for A shares to be included in the MSCI index.
Chinese economists are concerned about China's economic decline and what, if anything, policymakers can do to arrest it, after China's economy grew at a slower pace in April and key economic indicators moderated.
Employees in the finance sector earned more money than those in other industries in 2015, according to the data released Friday by the National Bureau of Statistics (NBS).
The L-shaped economic trend in China will last for a certain period and will not end in just one or two years, indicated by an “authoritative figure” in an interview of the People’s Daily in May.
An “authoritative source” recently explicitly claimed that China’s economic trend will be “L-shaped”, rather than “U-shaped”, and definitely not “V-shaped”. The “L-shaped” economic trend will last for a certain period and will not end in just one or two years. What economic signals are sent then?
Moody's Investors Service said in a report on Tuesday that the increase in leverage across Asia Pacific over the last five years could weigh on sovereign credit quality.
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