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    China / Business

    Tougher move on capital market fraud

    [2017-03-16 07:41]

    BEIJING - As World Consumer Rights Day arrived on Wednesday, China continued its move to crackdown on capital market fraud.

    Company lights up locals' lives

    [2017-03-16 07:41]

    China Three Gorges Corporation, builder and operator of the world's largest hydroelectric power project - the Three Gorges Dam, has provided more than 7,000 households with a total of 2,431 kilowatts of power from its photovoltaic energy system in Haixi Mongolian autonomous prefecture in Qinghai province for the past three years - a region that has electricity shortages for decades.

    US agribusiness launches charity campaign

    [2017-03-16 07:41]

    Cargill Inc, the US-based agricultural and industrial conglomerate, partnering with Heifer International, has launched a program aimed at improving the lives of more than 450 smallholder farmers in Qingshen county in Southwest China's Sichuan province.

    Fosun chief: Boost internet access in the countryside

    [2017-03-16 07:41]

    China's top legislators and political advisors have called for tailor-made poverty alleviation policies and measures as the annual meetings of the National People's Congress and the Chinese People's Political Consultative Conference end.

    IN BRIEF

    [2017-03-16 07:41]

    Li: Nation is open-minded on free trade agreements

    [2017-03-16 07:40]

    China takes an open attitude toward regional free trade arrangements that concern it and where the conditions are in place, Premier Li Keqiang said on Wednesday.

    Top regulator urges banks to act on risks

    [2017-03-16 07:40]

    China's top banking regulator on Wednesday urged banks to draft new rules on their wealth and asset management businesses and to more tightly control risky leveraged investments.

    Premier says mainland-HK bond trading link on the way

    [2017-03-16 07:40]

    A bond trading link will be set up between the mainland and Hong Kong this year to further open the country's securities market, Premier Li Keqiang said on Wednesday.

    Ant still expects to take over MoneyGram despite rival bid

    [2017-03-16 07:40]

    Ant Financial Services Group said on Wednesday it still expected to take over money-transfer network MoneyGram International Inc by the second half of 2017, despite an unexpected counterbid by a US competitor, which analysts said could threaten the deal.

    Amazon Japan adopts UnionPay to lure Chinese users

    [2017-03-16 07:40]

    TOKYO - Amazon.com Inc's website in Japan will start accepting UnionPay cards, as the web retailer steps up efforts to sell more merchandise to Chinese shoppers across Asia.

    Insurers gain more trust from consumers

    [2017-03-16 07:40]

    Chinese consumers have shown an increasing confidence in insurance products and in the whole industry, according to a new report released by China Insurance Regulatory Commission on Wednesday.

    Pension funds to have low exposure to share markets

    [2017-03-16 07:41]

    Pension fund investments will have a relatively low exposure to the stock market to ensure the safety of the funds, the chairman of the National Council for Social Security Fund, Lou Jiwei, said on Wednesday.

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