Forex opening could internationalize yuan
China's decision to open its onshore foreign exchange market to overseas central banks shows China's determination to push ahead with the yuan's internationalization and the IMF will consider including the yuan into its official currency reserve basket if it meets all the requirements, an IMF official said Friday.
Financing remains challenging issue for start-ups
Chinese Internet companies are seeking to connect with traditional industries, corporate representatives in the online sector said Thursday, noting that financing remains the key issue for Internet start-ups.
Internet to help small firms, give consumers more power
E-commerce giant Alibaba Group Holding Chairman Jack Ma Yun said Wednesday he has been mulling over setting up a network for smaller companies that would cross borders.
Nation must maintain drive for structural reform
China's economy still faces many challenges, but continued structural reform could serve as a driving force, economists said Wednesday at the Summer Davos Forum in Dalian, Northeast China's Liaoning Province.
Measures prevented systemic financial risks: Premier Li
China has warded off systemic financial risks following measures to stabilize the stock markets, Chinese Premier Li Keqiang said Wednesday, reassuring markets of a bright future for the world's second-largest economy despite recent results.
China needs to speed up shift to green economy: experts
China's transition to green economy is still not fast enough, president of the world's largest environmental organization said Thursday during a parallel session at the World Economic Forum in Tianjin.
China needs to speed up shift to green economy: experts
China's transition to green economy is still not fast enough, president of the world's largest environmental organization said Thursday during a parallel session at the World Economic Forum in Tianjin.
Economists downplay risks of Internet finance
The market shouldn't be overly concerned about risks posed by the country's booming online finance sector, which is still at a nascent stage, former top banking regulator Liu Mingkang said on Thursday at the Davos Forum in Tianjin.
Solar power production charges to decline by half: executive
The cost of solar electricity generation will decline to half of the current level by 2020 in China, an important technological breakthrough in raising the use of the clean energy, chairman of a solar company said Wednesday at a parallel session of the World Economic Forum in Tianjin.
Global economic recovery remains fragile
The recovery of the world economy remains fragile at large, economists said on Wednesday at the eighth Annual Meeting of the New Champions in Tianjin, cautioning against potential risks arising from a retreat from the unconventional monetary policies that helped put the global economic recovery back on track.