With short sentences, pictures, and videos for a micro blog post using a cell-phone, the Twitter-like service creates a new wave of online activity, including participants from primary school students to government officials.
A "significant" increase in "the proportion of direct financing" may be written into the draft of the 12th Five-Year Plan (2011-2015), as one of the targets for developing China's capital market in the next five years, Shanghai Securities News reported Tuesday.
Baoshan Iron & Steel Co Ltd (Baosteel), China's largest listed steelmaker, signed a long-term coal-import agreement with the Australian mining company Rio Tinto Group, China Business News reported Tuesday.
The size of new loans from China's four major State-owned banks is set at about 2.85 trillion yuan in 2011. The nation's new loans, of which 35 to 40 percent may come from the "big four", are between 7.1 to 8.1 trillion yuan.