China needs to diversify its huge foreign exchange (forex) reserves by promoting overseas investment in the real economy such as infrastructure, economists and officials said.
DALIAN - Clearwire Corp, the biggest WiMax network operator in the United States, has made it clear that it will turn to China's homegrown fourth-generation (4G) mobile-communication technology, said Wang Jianzhou, chairman of China Mobile Communications Co.
The world economy is not likely to suffer a double-dip recession, but the developing countries should further tighten their monetary policies to keep inflation under control, the new deputy managing director of the International Monetary Fund Zhu Min said on Wednesday.
Premier Wen Jiabao said on Wednesday that China is willing to help debt-laden Europe by increasing its investment.
A new district in the city of Dalian, Liaoning province is looking for more investors who are interested in sharing the incredible growth in one of Northeast China's most promising economies, its Party secretary said.
China continues its steady rise in competitiveness and is leading other BRICS nations and other emerging economies by a large margin, according to a recent global economic report.
European countries struggling from the debt crisis could benefit from China's consumption stimulus, which would help European exporters, analysts said.
Vice-Premier Li Keqiang expressed the hope on Sept 6 that China and Japan would work together to promote the stable growth and the upgrading of bilateral trade and economic cooperation.
Sun Mingnan, 27, relishes the thought of being able to exchange ideas and opinions with important business people at the "Summer Davos", in Dalian, and says that he has learned a lot from it.
Ding Yanna has been involved in Sino-Russia trade for more than 19 years. Since arriving in Russia as a student in 1992, she has sold fur coats, been a construction contractor and is now opening a restaurant in St Petersburg.
Libya's National Transitional Council (NTC) said it will respect business contracts and agreements signed with China before the war, said Deputy Foreign Minister Zhai Jun.
China and the Philippines aim to double bilateral trade to $60 billion in 2016, indicating that economic cooperation is a priority as the countries put aside the South China Sea dispute that has strained ties.
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