The world's many thorny issues can only be solved through the collective wisdom of governments, businesses and society at large, said Klaus Schwab, the founder and executive chairman of the World Economic Forum (WEF) ahead of today's opening of the Summer Davos forum in Tianjin.
Former Party chief and deputy general manager of China Mobile Zhang Chunjiang was removed from his official post and dispelled from the Communist Party of China (CPC) for "severe violations of the discipline and the law", the CPC discipline watchdog said Friday.
Members of the American Chamber of Commerce in South China (AmCham South China) are likely to invest at least $2 billion through the China International Fair for Investment and Trade (CIFIT), which opened on Wednesday.
Robert D. Hormats, undersecretary of state for the United States, lauded Chinese Vice President Xi Jinping's speech illustrating China's move to optimize its investment climate as "very constructive".
China's willingness to open its government procurement market wider is in the interest of its own economy and will benefit other economies as well, the World Trade Organization (WTO) chief said on Tuesday.
A well-known Chinese entrepreneur and philanthropist has pledged to donate his entire fortune to charity after his death, becoming the first in China to respond to the campaign launched in the US by Bill Gates and Warren Buffett, who will soon visit China to advocate philanthropy.
China may not demand a greater quota in the International Monetary Fund (IMF) during the upcoming G20 summit in Seoul but would seek a bigger say in the global economy by strengthening its relationship with African countries, a central bank advisor said.
Cross-border yuan trade to boost liquidity
John Makinson, chairman and chief executive of Penguin, a major international publisher, believes China could lead the world in the way people buy books.
Jin Xu, general manager of Guotai Asset Management Co, may leave the company and join a State-backed investment or a private equity firm, the Beijing-based newspaper Economic Information reported Friday.
Walt Disney Co's Chinese partner at the city-level in developing the Shanghai Disney park, the Shanghai Shendi Group Corp, has been established, and Fan Xiping, vice-secretary general of the Shanghai municipal government, has been appointed as board chairman.
Li Rongrong, who stepped down as head of China's State-owned assets watchdog earlier this week, has already received plaudits for being a major instigator of reform.
World-renowned investor Jim Rogers is in talks with Hengtai Datong Gold Investment Ltd on cooperation opportunities to cash in on surging demand for the precious metal in China, the company claimed on Wednesday.