China to create bigger, stronger State-owned firms2017-10-20
China aims to create bigger and stronger State-owned enterprises that are capable of competing globally, while phasing out excessive capacity in bloated sectors, according to the country's State-assets regulator.
China not to change policy of utilizing foreign investment: spokesperson2017-10-18
China's policy of foreign investment utilization will remain unchanged, a spokesperson for the 19th National Congress of the Communist Party of China said Tuesday.
State Council extends cross-border zones to facilitate e-commerce2017-09-21
China will set up more cross-border e-commerce pilot zones to facilitate trade and boost China's global competitiveness, under a decision made at a State Council executive meeting chaired by Premier Li Keqiang on Wednesday.
State to relax RMB exchange rate rules2017-09-14
The renminbi exchange rate will be more flexible, basically determined by the market's supply and demand situation, a senior official with the State Administration of Foreign Exchange (SAFE) said on Wednesday.
China formulates national smart car industry strategy2017-09-11
China is working on a national strategy on smart cars, and mulls banning production and sales of fossil fuel cars, according to policy makers attending a forum on automotive industry development.
Govt set to give AI sector huge policy boost2017-09-08
China will unveil a slate of policies, including tax cuts and setting up national artificial intelligence innovation centers, to beef up support for AI and clear legal risks, local media reported.
Virtual currency offerings banned2017-09-06
Initial coin offerings, raising funds through the launch of token-based virtual currencies, have been banned in China, according to an announcement made by several authorities on Monday.
China bans ICOs as risks abound2017-09-05
Chinese authorities on Monday ordered a ban on Initial Coin Offerings (ICOs), a nascent form of fundraising in which technology start-ups issue their own digital coins, or "tokens", to investors to access funds as the rapidly expanding market spawned concerns over financial risks.
Guideline tightens control of outbound direct investments2017-08-21
The Chinese government released a guideline on Friday to further tighten the grip on or ban outbound direct investments in sectors including real estate, hotels, entertainment, sports and casinos to avoid investment risks or potential crime.
China to limit overseas investments in real estate, sports clubs2017-08-21
China will limit overseas investments by domestic companies in fields including real estate and sports clubs, while encouraging them to invest in infrastructure and new technology.
China moves to standardize recycling industry2017-08-18
China has moved to standardize its solid waste recycling industry, which, considered a burgeoning green sector, has on the contrary stoked environmental concerns due to reckless expansion.
China releases guideline to raise logistics sector efficiency2017-08-18
The State Council, China's cabinet, on Thursday released a guideline for reducing the cost and raising the efficiency of the logistics sector.
Foreign businesses to face fewer roadblocks in China2017-08-17
China will further lower market access thresholds in areas like the banking and securities industry and expand the early negative list for management to attract more foreign investments, the State Council said on Wednesday.
China gives nod to car-sharing services2017-08-09
China will support the country's booming car-sharing industry and standardize its development, according to official guidelines released Tuesday.
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