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Chinese banks are increasingly turning their attention to the country’s cash-strapped small- and medium-sized enterprises as a new profit driver.
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One of Zhejiang’s most notorious small business owners who failed to pay back money borrowed from underground banks was arrested.
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Merchants in Wenzhou are abandoning black market bank loans, Yu Ran reports.
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The Smart City Expo China 2011 held in Ningbo from Sept 2 through 4 featured thousands of technologies and applications that will make cities “smarter”.
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Thirteen third-party payment companies were approved by the People's Bank of China for payment business licenses.
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Students in the small county of Deqing are in for a big, bright surprise this school year.
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Shanghai is accelerating the development of its high-speed wireless broadband network as part of its bid to become a “smart city”.
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Whether China will continue to develop at a quick and healthy pace depends on whether its cities are developing well.
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