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Shanghai pilots free trade zone
Shanghai pilots free trade zone
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Shanghai is set to test the water for further financial reform after the central government approved the establishment of a pilot free trade zone in the business hub. The city has released detailed guidelines including measures to allow more private capital in the banking sector and promote cross-border use of the yuan.
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  • (Xinhua)2017-05-25 10:40

    BEIJING - China's southern city of Shenzhen launched its first Europe-bound freight train on Monday, becoming the 29th Chinese city to introduce rail service to Europe. The train, which was loaded with goods worth $8 million, including high-tech electronics, will arrive in Minsk, capital of Belarus,...

  • By Andrew Moody(China Daily)2017-05-24 07:29

    It has been good to escape the somewhat unseasonably hot May weather in Beijing for the cooler climes of Northeast China. I always seem to be sent to Shenyang, Liaoning province, about 700 kilometers north of the capital, to report on some aspect of how China's supposed Rust Belt is managing to rest...

  • (China Daily)2017-05-24 07:16

    Govt and policies Regulator: Insurance industry solvent China's insurance industry has kept its risks under control, with a sound solvency ratio, said the insurance regulator. The industry's comprehensive solvency adequacy ratio stood at 238 percent at the end of the first quarter, well above the 10...

  • (China Daily)2017-05-22 08:01

    Lei Shiyi, a college student from Chongqing, bought two bookmarks from the souvenir store inside the Palace Museum, commonly known as the Forbidden City. "It feels like I'm taking part of the Forbidden City back home," Lei said. The museum's creative endeavor began in 2007 when it produced souvenirs...

  • By Zhong Nan(China Daily)2017-05-17 07:55

    Dimitry Kumsishvili, first deputy prime minister of Georgia PROVIDED TO CHINA DAILYGeorgia will see more Chinese investment in its power, financial services, railways and port construction sectors this year, said Dimitry Kumsishvili, the country's first deputy prime minister."The opportunities come ...

  • By Zhou Bajun(China Daily)2017-05-17 07:20

    Zhou Bajun writes that resistance to economic integration with the mainland is more than futile; it endangers HK's future Hong Kong celebrates 20 years of implementing "One Country, Two Systems" principle on July 1. As the day draws near it is worth noting that three erroneous ideas concerning the g...

  • By Song Jingli(chinadaily.com.cn)2017-05-16 15:06

    Tengku Zafrul Aziz, CEO of CIMB Group Holdings Bhd, made a speech at the opening ceremony of the Tsinghua PBCSF Belt and Road EMBA Program for Southeast Asia on May 11, 2017 in Beijing. [Photo provided to chinadaily.com.cn]CIMB Group, a Kuala Lumpur-headquartered universal bank, is well positioned t...

  • (China Daily)2017-05-16 07:34

    In 2013, Chinese President Xi Jinping launched the important cooperation initiative of building the Silk Road Economic Belt and the 21st Century Maritime Silk Road. To date, steady progress and fruitful results have been achieved in the implementation of the Initiative. The international community h...

  • By Chi Fulin(China Daily)2017-05-15 08:38

    Globalization is passing through testing times. On one hand are protectionists rallying for a retreat from free trade; on the other are mostly emerging economies striving to uphold inclusive growth. The Belt and Road Initiative belongs to the second camp and is expected to play a major role in reinv...

  • By Xin Zhiming(China Daily)2017-05-14 15:24

    Initiative Will Build Comprehensive Connections Between Economies For Yuri Kannangara, Chinese investment has brought positive changes not only to his own life, but also to the lives ofmany local people. A seniormanager at a SinoSri Lankan container terminal joint venture in the Port of Colombo, Yur...

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