China is not only more capable of withstanding the impact of Hollywood, but is expanding its influence overseas, said a report on Tuesday. The report, by China's domestic film industry research firm Entgroup, said that some 29.6 billion ...
Tags: Film Market, China's Influence
China's annual economic growth likely slowed to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, a Reuters poll showed, which would keep pressure on policymakers to head off a sharper slowdown this year. ...
Tags: economic growth, GDP data
Southwest China's Chongqing Municipality launched its carbon trading market on Thursday, marking the operation of all seven approved pilot trading programs in the country. Sixteen transactions worth more than 4.45 million yuan ...
Tags: Metallurgy, Mineral, Carbon
Undoubtedly one of the catch-phrases that Chinese stock investors like to hear most is "opening up". The government has already taken numerous steps to ease restrictions on foreign capital in the domestic stock market. You must have heard ...
Tags: stock investors, Chinese currency
The total revenue of China's express delivery market hit 204 billion yuan (33 billion U.S. dollars) in 2014, up 42 percent, official data showed on Tuesday. Businesses made 14 billion deliveries last year, the most in the world and 52 ...
Shanghai Futures Exchange (SHFE) copper prices climbed on Wednesday, the last trading day of 2014. The market closed on January 1 and 2 due to the New Year holidays. The most-traded copper contract for March delivery on the SHFE ended at ...
Tags: Copper Prices, Copper
The Chinese mainland's gold purchases from Hong Kong in 2015 may hold around this year's levels as physical demand in the world's biggest consumer remains stable and the country considers easing restrictions on imports. Net imports ...
Tags: Yellow Metal
China is likely to see 60 percent more initial public offerings in 2015 as the securities regulator improves capital market operations, said international auditor PwC on Monday. Lin Yizhong, managing partner of PwC ...
Tags: IPOs, initial public offerings
Sany Heavy Industry Co Ltd is planning to increase investments in emerging markets like Venezuela, as the heavy machinery maker seeks ways to sustain growth amid tough market conditions at home. The company said on Thursday that its auto ...
Tags: Heavy Industry, Emerging Markets
China's largest oilfield, the Daqing Oilfield, in northeast China's Heilongjiang province is expected to cut 1.5 million tons of output next year to stay in line with the new production schedule of the China National Petroleum Corporation ...
China will relax restrictions on banks' yuan trading from next year, in a small but significant move toward relaxing its capital controls. The changes will replace daily caps on banks' foreign exchange positions with weekly limits, and ...
Tags: Yuan Trading, restrictions
The People's Bank of China, the central bank, will change rules on how it calculates the loan-to-deposit ratios of banks from next year, a move that is expected to make available more funds for lending. The central bank will expand the ...
Tags: Deposit Calculation Rules, POB
The Renminbi exchange rate will remain stable in 2015, a macro economic report from China International Capital Corporation (CICC) predicted Monday. "Despite the weaker spot exchange rate of the Renminbi against the dollar, the ...
China will continue to subsidize new-energy cars through 2020 but plans to cut the subsidy gradually to foster market competition, according to a draft of the rules posted on the Ministry of Finance website Tuesday. The new policy is ...
Tags: New-Energy Cars, Transportation
The number of museums registered in China has reached 4,165, which doubled in the past 10 years, according to new figures revealed on Dec 25. Among them, there are 300 new state-owned museums and 276 new private museums. In 2014, the ...
Tags: museums, private museums