A senior Communist Party of China (CPC) official has urged social management workers to focus on solving key issues that might affect social stability. Zhou Yongkang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, made the remark Thursday while presiding over a meeting of the Central Committee for [...]
Scholars and economists tend to be fairly discreet about their roles as independent directors of listed companies, but it's a position that has come under the spotlight recently amid accusations that many of them serve little purpose. As in the US, listed companies in China are required to have independent directors on the board to [...]
China urged the world's major economies to increase trade openness in order to revive the global economy, as world leaders reached a consensus on further countering protectionism in a last-minute deal during the G20 Summit on Wednesday. In the final communique of the summit, which was held in the Mexican resort city of Los Cabos, [...]
China will invest heavily to develop its own 4G technology which will go on trial in selected cities by the end of this year, industry officials said during Asia's major telecommunications expo yesterday. China Mobile, the world's biggest telco, plans to make huge investment in building pilot 4G networks in 13 cities nationwide by the [...]
(Beijing) – Increasing government spending is a disservice to society rather than benefit, as Beijing seeks to create a consumption-led economy, one economist says in a recent research report. "The so-called 'structural optimization,' which refers to rising domestic consumption as a percentage of the national economy, owes primarily to the government hiking spending rather than [...]
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