Jim Yong Kim has a strong affinity and affection for China.
On what is his first official visit to the country as the newly appointed president of the World Bank Group, the South Korean physician and anthropologist says he has a passion for the country, which he remembers starting as early as his childhood.
The rapid growth of wealth in China has come to an end, while investment in infrastructure may boost the country's economic recovery in 2013.
Fostering an expanded middle-income group and unleashing its consumption potential is of great significance for more sustainable development.
Deutsche Bank AG expects the offshore yuan market to maintain rapid growth next year, but has called on the central government to inject more liquidity.
Eight out of 10 Chinese mainland consumers plan on saving the same amount they have been, or even more, in the next six months as a precaution, MasterCard said in a survey released on Monday.
There is no indication of reshoring - manufacturers returning to the United States - said a senior executive with international consultancy company.
China's medical innovation sector should focus on intellectual property protection, fair medicine pricing, and transparent, predictable regulations.
Chinese manufacturers can become major players in the corporate social responsibility field, said Daniel Kirchert, senior vice-president of marketing and sales for BMW Brilliance Automotive Ltd.
Recent remarks made by two senior government officials have once again stoked debate on the future of joint venture self-owned auto brands in China.
The World Bank is committed to supporting the nation's unprecedented urbanization push, its chief said on Thursday.
China should no longer expand its government income, which already takes a relatively large share of GDP, but should optimize its fiscal structure to tackle disparities, a former senior tax official said.
Xu Shanda, former vice-minister of the State Administration of Taxation, said on Thursday that the percentage of China's government revenue as a share of the country's GDP is between 35 and 40 percent.
The Chinese economy has shown strong signs of stabilizing, but the key Shanghai stock index opened at lowest point in nearly four years on Thursday.
Brokers feel chill amid stock market slump