Financial regulators in Hong Kong hailed Morgan Stanley Capital International's decision to include the A-share index, saying the inclusion will further cement the city's gateway status linking the mainland equity market with overseas stock markets.
Wang Shi, founder and chairman of China's real estate giant Vanke Co Ltd, announced on Wednesday he will step down and the company's president Yu Liang will take his place.
Countries, like companies, have to change their business models as world circumstances change.
Garment manufacturing is usually thought to be the prototypical low-wage industry. Companies in the industry move to wherever the labor is cheapest.
Recent measures against speculative property investments have begun to have the desired impact of reining in runaway preowned home prices and cooling the transaction frenzy in top-tier cities like Beijing and Shanghai, said analysts.
SHANGHAI - Some small-cap companies in China are trying to boost their low stock prices by requesting their employees to buy shares.
After the euphoria over outbound M&A, or mergers and acquisitions, last year, it's time to get back to senses this year and stage a recovery next year - that sums up Chinese companies' current thinking.
Last month, 37 Dutch insurance agents landed in Beijing to visit Anbang Insurance Group and learn about modern methods and applications of technologies such as data analysis in their business.
Chinese bicycle-sharing startup Mobike Technology Co Ltd said on Friday it has raised more than $600 million in its latest round of financing, boosting this year's funding past $1 billion.
Hong Kong companies are enjoying an export boom in Shenzhen, Guangdong province, fueled by growing free trade in major products during the past 13 years.
As China moves to the forefront of fifth-generation or 5G mobile communication technology, 6.3 trillion yuan ($925 billion) of economic output and 8 million jobs will be created by 2030, a telecom academy said.
Editor's note: In the run-up to the 19th CPC National Congress, China Daily will cover a series of reforms, showcasing huge improvements in the country's services.
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