English News
China ramps up overseas hunt of fugitive officials
By the end of 2016, 2,566 fugitives had been extradited or repatriated from over 90 countries and regions, with assets worth about 8.6 billion yuan ($1.25 billion) recovered.
English News
China’s bike-sharing industry braces for explosive growth
PwC’s projections show that five key sharing sectors—travel, car sharing, finance, staffing, and music and video streaming—have the potential to increase global revenues to around 335 billion dollars by 2025, over 20 times higher than the number in 2016.
English News
China to press ahead with supply-side structural reform
The supply-side structural reform was launched to tackle the bottlenecks constraining China’s mid- to long-term development and economic restructuring process after its more than 30 years’ rapid growth.
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China declares determination to eliminate‘zombie companies’
According to data released by the Supreme People's Court (SPC) in February, Chinese courts accepted 5,665 bankruptcy cases in 2016, an increase of 54 percent from the previous year. About 3,600 of them were resolved, with 85 percent of the resolved cases resulting in liquidation.
English News
“The Belt and Road” to dominate agendas of China’s “two sessions”
The investment amount of projects across the Belt and Road region has been growing at a compound annual growth rate (CAGR) of 33 percent since China put forward the initiative in 2013, said Simon Burke, head of the financing department at PwC Hong Kong.
English News
China's service sector weighs more in economy
The increased weight of service sector can be attributed to supportive policies, the development of overall economy as well as the popularity of Internet. China's agricultural and industrial structures, driven by technological upgrade, have been optimized as well.
English News
China tightens online lending supervision to prevent capital embezzlement
The new guideline on online lenders' fund custody is a latest attempt of China Banking Regulatory Commission (CBRC) to tighten regulation on peer-to-peer (P2P) lending. The watchdog required the industry to pursue a “law-based and inclusive benefits” principle last August.
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China advocates ‘BRICS+’ model of open cooperation
In future, the five BRICS countries are expected to continue to tap potential for cooperation, identify more converging interests in areas such as trade and investment, liberalization and facilitation, e-commerce, financial market connectivity, innovation-driven development, and carry out more resul
English News
China to maintain move toward market-oriented, law-based and open capital market: securities regulator
According to the officials, the commission has been exploring ways to introduce foreign capital and expand foreign companies’ investment in China during the 20-plus years since the A-share market was launched.
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Feature: Xi’s years of battle against poverty
During his tenure as deputy secretary of the CPC Fujian Provincial Committee, Xi, in response to the call of the central government for counterpart assistance, led a team to assist the development of Ningxia. He also served as the team leader of a working group set up specially.
English News
International protests increasing in solidarity with Southern Cameroon
Harmony Bobga Mbuton, president of Cameroon’s North West Lawyers Association, returned to The Stream on Al Jazeera this week, just over two months since the show originally explored the protests among his country’s English-speaking communities, who claim French-speaking President Paul Biya’s government is treating them
English News
China tightens supervision of online catering services
The tougher rules came amid a rapid development of China’s online catering industry in recent years. Data showed that the online to offline (O2O) market of food-delivery services hit 152.4 billion yuan in 2016. The delivery men can be seen everywhere in big cities, but food safety emerged as a new c