Innovation blooms in Guangdong

2016-03-11 08:11

If you think entrepreneurship in China is limited to Beijing's Zhongguancun area or Shenzhen's high-tech companies in Nanshan district, think again. Winds of innovation are sweeping parts of the Pearl River Delta in Guangdong province, which has been the base for traditional manufacturers and commercial services firms.

Cashing in on 'higher form of sexiness'

2016-03-11 08:11

Liu Xiaolu, 33, the soft-spoken founder and chief executive of Neiwai, a lingerie maker in China, jokes that the firm's products are meant for frigid women.

What drives China's young entrepreneurs

2016-03-11 08:11

"There is no famous Xinjiang brand in the catering industry and few college graduates are willing to work in the service sector. We want to change that by leveraging what we learn at universities to help promote Xinjiang's spicy rice noodles and other delicious food. We are preparing for our second store in Taiwan now."

Complex VAT refund hurts UK tourism

2016-03-11 08:11

Tourism experts and overseas visitors, including from China, have criticized the UK's tax-refund system for being too complex and time-consuming.

'You've got to be irrational sometimes'

2016-03-11 08:11

When William Shu founded a food-delivery company in England three years ago, he was the first driver. Now the firm has 500 employees, hundreds of contracted drivers, 5,000 partner restaurants in more than 20 countries and has raised $100 million from investors.

A rethink on handling power resources

2016-03-11 08:11

China generated more than 40 percent of all newly added renewable energy worldwide in the past five years, while its investment in clean energy surpassed the combined total of Europe and the United States, according to the magazine Renewable Energy World. Now the country is looking for new ways of managing power.

Driven by the dream of making world-class automobiles

2016-03-11 08:11

The man responsible for making domestic-made cars popular in China, a market hitherto dominated by foreign brands, clearly remembers how Trumpchi, the best-selling Chinese model, got its name.

Taking the long view on volatility

2016-03-11 08:11

Swiss banker Sergio Ermotti had a baptism by fire when he was appointed CEO of UBS Group in 2011, in the wake of a trading scandal that cost the bank $2.3 billion.

Buying into digital payment

2016-03-04 08:01

China has the highest adoption rate in the world for technology-enabled payment systems, according to a report released on March 2.

Quotable

2016-03-04 08:01

"Bad-asset securitization will not fundamentally solve the problems related to bad loans, which could only be disposed through means like selling, corporate restructuring and settling with the debtor."

IN BRIEF (Page 24)

2016-03-04 08:01

Central bank chief dispels growth fears

2016-03-04 08:01

The Chinese government still has monetary policy tools to shore up economic growth and is not worried about decreasing foreign exchange reserves, according to Zhou Xiaochuan, governor of the central bank.

China is on good path, World Bank chief says

2016-03-04 08:01

China has realized the critical importance of communication, and the world is going to see more transparency and clarity in the country's decision-making, according to the World Bank president.

Policy moves spur recovery in home prices

2016-03-04 08:01

Home prices in 100 of China's biggest cities climbed an average of 0.6 percent month-on-month in January, signaling a recovery in demand, according to a survey released on March 1 by the China Real Estate Index System.

Ratio cut to boost property stocks

2016-03-04 08:01

Property stocks rallied on March 2 as developers looked set to benefit from the additional liquidity released from the Chinese central bank's decision to cut the reserve requirement ratio.

Wenzhou's real estate wizards don't jump this time

2016-03-04 08:01

Business leaders from Wenzhou, Zhejiang province, who are among China's wealthiest and also big-time property investors, appear to be not unduly excited by signs of incipient recovery in the housing sector in January.

Homeowners play hardball as prices rise

2016-03-04 08:01

Despite booming real estate prices in Beijing, Wang Ke, a 32-year-old bank clerk, recently bought a 98-square-meter apartment near the city's Third Ring Road.

As bad loans keep increasing, so do private debt collectors

2016-03-04 08:01

Li Wen's voice went hoarse recently, the result of making hundreds of phone calls in the past two months to credit card holders who failed to pay their bills.

Finding comfort in the lap of luxury

2016-03-04 08:01

Retailers and investors say China's luxury goods industry still has a bright future despite a second consecutive year of losses in 2015, according to consulting firm Bain & Co.

China shows the way in green standards

2016-03-04 08:01

Finance industry insiders and analysts have backed China's national green bond standards to help drive forward harmonization of international standards.