China is moving to foster more "China Services" brands and promote high-quality development across its service sector, as policymakers seek to empower manufacturing, expand domestic demand and create jobs.
China has expanded its pilot free trade zones (FTZ) to 23 with the establishment of the China (Inner Mongolia) Pilot Free Trade Zone, the latest move in the country's sustained push for high-standard opening up, according to a plan made public by the State Council Thursday.
A Chinese motorcycle startup's shock double victory at the Superbike World Championship has triggered an unlikely cultural moment: widespread calls for its founder's improbable rise to drive the next installment of one of China's highest-grossing racing film franchises.
China's ramped-up increase in gold reserves — even as some central banks have turned to selling — may highlight its strategic, long-term approach to gold accumulation, aimed at buffering against risks and backing the renminbi's internationalization, experts said.
