The nation's newest asset management company announced its future investments, China Securities Journal reported Monday. Xie Qihua, the board chairwoman of China Reform Holdings Corp Ltd, said the company will focus on core resources and strategic emerging industries.
China's rural areas are totally exposed to the danger of disasters such as fires, flooding and earthquakes, and its more than 600 cities are also in urgent need of improving disaster relief capabilities, an official said Saturday.
Although ravaged by strong gales almost a year ago, restoration of a mosque beside the largest Muslim tower in Xinjiang - Emin Minaret - is about to start, the China News Service reported on Thursday.
The trial run of yuan-based cross-border trade settlement is likely to be expanded to all mainland cities by this year, Shanghai Securities News reported Wednesday, citing Hu Xiaolian, vice-governor of the People's Bank of China, the central bank.
China will encourage banks to lend more to companies with registered capital lower than 5 million yuan ($761,000), caijing.com.cn reported late Wednesday, citing Liu Mingkang, chairman of the China Banking Regulatory Commission (CBRC).