China should adopt quantitative tools or conduct more rate hikes in its battle against inflation, economists said at a financial forum Saturday.
Although China has been experiencing rapid economic growth during recent years, it is still falling behind in terms of productivity.
China's centrally-administered state-owned enterprises (SOEs) should play a vanguard role in leading the economic development of Xinjiang Uygur Autonomous Region, a senior official said Saturday.
Nevertheless, the inflation pressure is expected to stay for some time to come, and economists said China should stick to its policy of monetary tightening.
Stocks on the Chinese mainland fell on Friday, capping a fifth week of losses for the benchmark index.
Warren Buffett's support for BYD Co is proving no solace for investors, as analysts rate the Chinese automaker the lowest among global peers.
SHANGHAI - Germany-based Henkel AG began construction of the world's largest adhesives plant on Friday. The facility, situated in Shanghai, will further consolidate the company's leading market position in China, said experts.
Dagong Global Credit Rating Co Ltd on Friday denied accusations of "generosity" in the ratings it has awarded to domestic companies and some local government bonds.
ABB Group, the leading power and automation technology group, inaugurated a global manufacturing base in Shanghai on Thursday.
BEIJING - Seeing good momentum in the global healthcare sector, Royal Philips Electronics NV is planning to expand its healthcare business in China's rural areas, a market which is seen as a new driver of growth for the Dutch multinational group.
Chery Automobile Co may see "insignificant" profit margins for the next decade in Brazil.
New York - Esprit Holdings Ltd, the biggest Hong Kong-listed clothier, is exploring the sale of its US and Canadian operations, according to three people familiar with the matter.