Reforms needed if banks are to lend to small firms instead of playing safe with State enterprises.
Though concerns over the economy still persist, consumer spending, backed by fresh government incentives, continued to rise in China during the Golden Week holidays (Sept 30-Oct 7), bringing much cheer to businesses and industry.
I look back at my more than 20 years going to China and, without doubt, the Chinese people today live far better lives. Both material goods and personal freedoms have never been greater.
Rising labor costs, innovation drive prompt companies to use more machines in manufacturing.
Well before Columbus discovered America, the Ming Dynasty (1368-1644) mariner Zheng He led a commercial fleet of more than 200 junks from China's shores to places as distant as the Red Sea.
A romantic gesture by Frenchman Alexander Cros won the heart of his fellow business-course student - and ultimately led him to forge a new and flourishing career on the other side of the world, in China's fast-growing wine industry.
When the American coffeehouse chain Starbucks unveiled plans for a redesign of its outlet in the city of Fuzhou recently, it was clear that locals were in for a special treat.
Throughout his career, David Henry Hwang has explored the complexities of forging Eastern and Western cultures in contemporary America.
There is a parallel between the Chinese economy over the past 30 years and a lazy student who suddenly has decided to open his books, says Zhang Weiying, one of China's leading economists.