The Government of the Macao Special Administrative Region (SAR) announced Monday that it will set up an office in Taiwan this year, in an effort to provide comprehensive services for Macao residents in Taiwan. Alexis…
Category: Economy
The offshore RMB market will help strengthen the competitiveness and status of Hong Kong as an international financial center, according to the latest issue of monthly Economic Review released on Monday by Bank of China (Hong…
Coventry University says it has become the primary academic partner of the Shanghai Automotive Industry Corporation (SAIC) in the UK. It said a collaboration would see them working on advanced engineering research and development projects….
Sandwich maker Subway aims to more than double its number of stores in mainland China by 2015, a company executive told state media on Monday. Subway, which has overtaken McDonald’s as the fast food chain…
Two large State-owned enterprises (SOEs) top the list of most-favored potential employers among university students this year, according to a recent survey by online recruitment company ChinaHR.com. China Mobile and Bank of China ranked in…
The Antwerp diamond industry, world capital of the gem, on Monday announced an investment deal with leading Chinese bank ICBC. The Antwerp World Diamond Centre (AWDC) in a statement announced the deal with ICBC, which…
Telecommunications group Alcatel-Lucent said on Monday that it has been selected by China Telecom to supply multimedia services to 120 million Chinese consumers in six provinces. China Telecom has selected Alcatel-Lucent “to deliver multimedia services…
The governor of China’s restive western region wants to boost its economy by further opening it up to external trade and investment, state media said Monday. Gov. Nur Bekri said he would promote Xinjiang’s foreign…
China’s bank regulator has cracked down on off-balance-sheet lending by the country’s banks as its latest step to prevent risky lending from hurting its financial system, sources told Reuters on Monday. The China Banking Regulatory…
China has issued a new classification standard for small and medium-sized enterprises (SMEs) and introduced the concept of micro-enterprises for the first time, a move signaling more policy support to small and micro-enterprises. Companies with…