China is going to play a leading role in the new wave of economic activities and technological innovation, World Economic Forum founder and executive chair Klaus Schwab told Xinhua in an exclusive interview during the ongoing Second World Internet Conference (...
Listed Chinese iron and steel companies reported wide-ranging losses in the first three quarters against the backdrop of sluggish demand and renminbi depreciation.
Slowing economic growth and shrinking energy consumption mean that meeting the government's ambitious goal for renewable energy consumption will remain a tough challenge as China's energy sector embarks on a restructuring program in the coming five years.
Positive sales momentum for China's property sector, a major pillar for economic growth, will continue in the last quarter of 2015, Moody's Investors Service said Thursday.
Given looming downward pressure and ongoing economic restructuring, a lower average annual growth target of 6.5 percent will be acceptable and attainable for the world's second largest economy in the next five years, according to analysts.
They also see the next five years as crucial for China's financial industry as the country will continue to push domestic financial reforms.
Winning sectors
- Information technology
- High-end manufacturing
- New-energy vehicles
- Railway transp...