China vows to further open up domestic markets to foreign investors with fewer restrictions as the country’s economic reform goes deeper. “We have largely slashed restrictions to market access to the Chinese market to further lure foreign investment,” said Lian Weiliang, deputy…
Mainland stock markets tumbled in late afternoon trading Thursday as investors cashed in on gains from earlier in the day. The Shanghai Composite Index fell 3.46 percent or 162.37 points to 4,527.78 points Thursday. The Shenzhen Component Index lost 3.80 percent or…
Foreign banks in the Chinese mainland continue to be optimistic about their future performance going forward, according to a report released by Ernst & Young Greater China here on Tuesday. “The regulatory landscape continues to challenge foreign players, while alongside are also…
This year’s “Invest in Beijing” Fair, which aimed at attracting more investment to the city’s high-end industries, opened in Beijing on Dec 9. As an annual investment promotion event taking place in the city since 2009, this year’s Invest in Beijing attached…
Chinese shares continued rising on Monday, with the benchmark Shanghai index jumping over 2 percent to regain the 3,000-point psychological mark, the first time since April 25, 2011.
China’s State Council, the Cabinet, has unveiled a series of measures to promote independent innovation and encourage entrepreneurship. According to a statement released Wednesday after a State Council executive meeting presided over by Premier Li Keqiang, the country must expand pilot programs…
A total of 547 angel investment deals have been signed in the first 11 months in China totaling $341.4 million, a 69.6 percent increase compared with the whole last year, according to a report of Zero2IPO Group on Wednesday. Ni Zhengdong, chairman…
Vice-Premier Wang Yang (center) holds a golden key to signal the opening of the 18th China International Fair for Investment and Trade on Monday. Service sector will be steadily opened-up China will further open its investment and cooperation system and optimize the…
Shanghai announced new measures to encourage private investment in small and micro companies, the latest move to boost venture capital in the city. The local government said in an online statement yesterday that it is striving to build Shanghai into an international…
A booth showcasing Guangdong-based businesses at an expo in Guangzhou, the province’s capital. Guangdong is currently seeking central government approval of a Guangdong-Hong Kong-Macao free trade zone. Provided to China Daily Southern province aims to capitalize on links with neighboring regions The…
