China has announced it's setting up a new Strategic Emerging Industry Board to attract domestic innovators to seek funding in Chinese exchanges instead of going abroad. Fang Haixing, a deputy chairman of the China Securities Regulatory ...
Tags: New Board
Chinese commercial bank must verify the identify of clients when they open personal bank accounts to make sure they are using their real names, a circular showed Friday. The People's Bank of China (PBOC), the central bank, released the ...
Tags: Banks, Real-name Accounts
Profits of China's major industrial firms fell 1.4 percent year on year in November, narrowing from a 4.6-percent decline posted in October, the National Bureau of Statistics (NBS) said on Sunday. Profits at industrial companies with ...
Tags: Industrial Profit, Decline
The latest changes to China's forex market management will increase yuan volatility and boost trading volumes, according to a leading Chinese investment firm. From Jan. 4, closing time for China's interbank foreign exchange market will be ...
Tags: Forex, Trading Volume
The United Arab Emirates (UAE) has signed an agreement with China to set up a clearing hub for the Chinese currency Yuan or Renminbi, local UAE media reported on Sunday. The UAE clearing hub for the Chinese currency, which will satisfy ...
Tags: RMB Clearing Hub
The decision by the International Monetary Fund (IMF) to confer the reserve currency status on China's renminbi (RMB), "is good news," a former Chilean diplomat said. "It's good news because it acknowledges the role that the Chinese ...
Tags: RMB's Upgrade, Reserve Currency
China has announced it is setting up a new Strategic Emerging Industry Board under the Shanghai stock exchange. The new board is aimed at the country's domestic high-growth and innovative companies. The China Securities Regulatory ...
Tags: Capital Market, Changes
Chinese lawmakers on Sunday approved a State Council proposal for stock listing reform at the end of a bimonthly legislative session which began Monday in Beijing. The decision by the National People's Congress Standing Committee will ...
Tags: Stock Listing, Registration-based
Shipment of 3D printers in the Chinese market is expected to reach 160,000 units in 2016, outperforming the U.S. market, market research firm IDC said on Tuesday. Mo Minyi, an analyst with IDC China, said despite sales' volume, China will ...
Tags: 3D Printers
Construction of the second unit of a pilot nuclear power project began in Fuqing, southeast China's Fujian Province on Tuesday. The project will use the domestically-developed third generation reactor Hualong One technology. Hualong One ...
The human brain is the world's most sophisticated computer, but a group of Chinese scientists have developed a computer chip that works much like the brain. Jointly developed by scientists from Hangzhou Dianzi University and Zhejiang ...
Tags: Brain-like, Computer Chip
Chinese researchers have developed a heavy-ion medical accelerator to be used in radiotherapy for cancer, researchers said Thursday. A recent test of the machine's beam was successful, marking the end of China's dependence on imported ...
Tags: Heavy-ion, Medical Accelerator
Zhai Ruiren, a doctor in the Eastern coastal city of Qingdao is treating a patient 1,800 kilometers away via the Internet. The patient, 11-year-old Rinchen from Gannan Tibetan Autonomous Prefecture, has myelodysplastic syndrome (MDS), ...
Tags: Internet Plus
A listed Chinese herbal medicine maker on Thursday said its compound flu formula has received approval from the U.S. Food and Drug Administration (FDA) for clinical tests. The decision has paved the way for Chinese herbal medicine to ...
Tags: Chinese Herbal Medicine, FDA
On Christmas Eve, U.S. embassy in China issued security warnings for Westerners in Beijing's Sanlitun area, a popular Beijing diplomatic and entertainment district. Thanks to special forces dispatched by the Chinese government, no incidents ...
Tags: Fighting Terrorism, Anti-terrorism