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Chinese firms in Africa urged to create local jobs

An official with the National Development and Reform Commission (NDRC) has urged Chinese businesses in Africa to create jobs for local residents and increase local tax revenues.

Chinese president to embark on 4-nation tour

Chinese President Xi Jinping will pay state visits to Russia, Tanzania, South Africa and the Republic of Congo on March 22-30.

Wal-Mart denies China withdrawal

Wal-Mart Stores, Inc. will open three new stores in China by the end of May, confirmed the US retail giant's Chinese division on Monday.

Guangxi sees rising trade with ASEAN

South China's Guangxi Zhuang autonomous region saw $1.59 billion's worth of trade with the Association of Southeast Asian Nations (ASEAN)in the first two months of 2013.

World leaders ponder future of partnership

Politicians and influential thinkers across the globe are looking to China's new leaders for clues on the direction of the world's second-largest economy.

Drug maker to appeal US price-fixing fines

North China Pharmaceutical Group Corp, a major Chinese drug maker, said it will appeal massive antitrust fines ordered by a US federal court.

Former UK envoy optimistic about China's future

China's new leadership is expected to bring reforms and modernization, said Anthony Galsworthy, former British ambassador to China.

Scotland seeks closer ties with Beijing

China's commitment to sustainable development will benefit China and the world, according to Scotland's First Minister Alex Salmond.

Leaders work for a stable world

Premier Li Keqiang said China is committed to world peace and stability, amid speculation that a stronger China might become more assertive.

A credit to the global banking system

UnionPay is the only Chinese bank card organization in the Chinese mainland. Its cards are accepted in 143 countries and regions outside the mainland.