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Hong Kong is poised to be the leading offshore yuan financial center even if yuan currency becomes fully convertible which may threaten the city's financial position. Meanwhile, HK's dim sum bond market infrastructure building is making more progress as mainland credit rating agencies may start yuan bond ratings in city. The Hang Seng Index, starting on Nov 24, 1969, is a capitalization-weighted stock market index in the Hong Kong Stock Exchange, served as the main indicator of the overall market performance in Hong Kong.
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  • (China Daily)2017-12-08 06:17

    There's a lot going for the city's young up-and-coming filmmakers, provided they play their cards well, said industry insiders at the just-concluded Singapore Media Festival. Wang Yuke reports. The film industry in Asia will continue to boom, thanks to the advancement of cutting-edge technologies, a...

  • By Yuan Shenggao(China Daily)2017-12-07 07:35

    Local companies encouraged to be more dynamic and imaginative in looking abroad Foshan in southern China's Guangdong province is pushing its real economy to go global, on the way to constructing an intelligent international manufacturing center, local officials said. "Local companies should transfor...

  • (China Daily)2017-12-07 07:35

    In the wake of decades of rapid development, Foshan is playing a leading role in the economic and social landscape of Guangdong province. Since the implementation of the national reform and opening-up policy, the GDP of Foshan has maintained an annual growth rate of 16 percent on average over the l...

  • By Li You(China Daily)2017-12-07 07:32

    The historical commercial hub of Guangzhou is extending its global reach by building itself into an international innovation and technology center, and has made remarkable achievements, according to local officials. Guangzhou is exploring new areas for innovation, said Lin Huanxu, an official of the...

  • By Li You(China Daily)2017-12-07 07:32

    Guangzhou has become a mecca for entrepreneurs, with 386 companies born there every day, five of which are funded by foreign businesses. That's according to Cai Chaolin, director of of the executive committee for the 2017 Fortune Global Forum held in Guangzhou. Cai said that in 2016 Guangzhou was ra...

  • By Cao Yingying(China Daily)2017-12-07 07:32

    Guangzhou, capital of Guangdong province, is promoting the protection and inheritance of Cantonese Opera to provide more opportunities for actors to showcase the traditional art onstage. Originating from southern China's Cantonese culture, the opera involves music, singing, martial arts, acrobatics ...

  • By Yuan Shenggao(China Daily)2017-12-07 07:22

    Making use of Guangdong-Hong Kong-Macao Greater Bay Area to become a hub With its modern industrial system, Tianhe district in Guangzhou, South China's Guangdong province, is seizing the opportunities brought about by the construction of the Guangdong-Hong Kong-Macao Greater Bay Area to become an in...

  • (chinadaily.com.cn)2017-12-06 13:47

    HNA Group, one of China's largest conglomerates, has confirmed its interest in investing in Thailand's grand infrastructure project by setting up a major fund with a local partner, as the group enhances its footprint in ASEAN and along the Belt and Road.HNA Innovation Finance Group (HNAIF), HNA's on...

  • By Ouyang Shijia(China Daily)2017-12-06 08:58

    A poster of the movieTen Miles of Peach Blossoms, an adaption of an online story. [Photo provided to China Daily]A vast array of online literary genres has revolutionized the entertainment industry in China and triggered a new wave of TV dramas, movies, animations and gaming titles.Stories and plots...

  • By Zhang Yan(China Daily)2017-12-06 08:38

    Suspect accused of contract fraud; global campaign reaches midpoint A global campaign to catch China's most-wanted fugitives saw the return of its 50th corruption suspect, the top anti-graft watchdog said on Tuesday. The milestone was achieved with the detention of Zhou Jiyang, 47, who has been on...

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