American International Group Inc announced on Thursday that it will donate $300,000 to the China Foundation for Poverty Alleviation to support victims of the earthquake that struck China's Sichuan province in 2013.
The Chinese economy is not doing very well, if the growth rate is considered.
China and Australia pledged to ramp up efforts to complete their nearly decadelong work on a free trade agreement, Premier Li Keqiang and Australian Prime Minister said.
Despite recent softening economic figures, China's economy remains resilient and could maintain a growth rate of 7 to 8 percent in the next five years, Zeng Peiyan, vice-chairman of the Boao Forum for Asia, said on Wednesday.
China's currency yuan is expected to become one of three global reserve currencies by 2030 on a par with the US dollar and euro.
Chinese economist Zhang Weiying(R) speaks at a TV debate named "Debate on Economics: Keynesian vs Supply-Side" during the Boao Forum for Asia (BFA) annual conference 2014 in Boao, South China's Hainan province, April 9, 2014.
Leaders from China and Russia called on Wednesday for efforts to promote solid bilateral cooperation in the nuclear, natural gas, oil, electricity and new energy sectors.
Alipay, the e-payment arm of Alibaba Group Holding Ltd, said on Wednesday it is going to set up a fund with partners to invest in technologies that can enhance cybersecurity.
Zhou Xiaochuan, head of the People's Bank of China, says financial services in the China (Shanghai) Pilot Free Trade Zone need to support development of the real economy.
South China's tourist island province of Hainan is to build the world's largest duty free shop (DFS).
The National Development and Reform Commission, the country's top economic planner, is working with related authorities and regional governments on a development plan to boost the economic integration of Beijing and its surrounding provincial areas, namely Tianjin municipality and Hebei province, according to its official website on Wednesday.
AgustaWestland, the Anglo-Italian helicopter company owned by Italy's Finmeccanica, joined hands with Sino-US Intercontinental to launch a joint regional business headquarters in Shanghai on Wednesday.