The China Securities Regulatory Commission and the domestic stock exchanges are preparing a pilot program that will allow Chinese unicorn technology companies to float shares in the onshore market, Wang Jianjun, general manager of the Shenzhen Stock Exchange, told reporters during the annual two sessions.
The China Securities Regulatory Commission approved PICC's listing plan on Tuesday, meaning that the State-owned insurer will finally be able to list its shares on the mainland A-share market six years after it went public in Hong Kong. The IPO will be the largest share offering on the mainland so far this year.
The China Council for the Promotion of International Trade recently published a report indicating that about 70 percent of China's exhibition venues had an occupancy rate of less than 20 percent. This poses great challenges for such venues to stay profit-able, said Kruppe.
The China Container Industry Association said on Nov 27 that the surge in China's exports and the low turnaround rate of containers from abroad have triggered an increased demand for containers of China origin since July. The association has urged the manufacturers of shipping containers to ramp up production and ease the shortage of containers.
The Cabinet also pledged to adopt effective measures to deal with nonperforming loans, saying that financial institutions must refrain from imposing unwarranted extra conditions on loan extensions.
The China Shopping Center Development Index rose 1.3 points to 68.5 in 2017, showing market recovery and sound momentum in the sector, according to a report issued by the Ministry of Commerce.
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The Chicago Council survey has been conducted every four years since 1974, biennially since 2002, and annually since 2014. It was conducted from June 7-20 this year among a representative national sample of 2,059 adults.
The Chengde municipal relics bureau is communicating with Xing's team on how to protect the dinosaur footprint site and use it for the purposes of tourism and science education.
The China-Europe freight train service was launched in 2011 and grown rapidly with high efficiency. It has become an important part of the Belt and Road Initiative.
The China Hydrogen Alliance said 67 percent of the more than 20 million tons of hydrogen that China produces every year is made from fossil fuels, with a further 30 percent produced as a by-product of industrial processes such as coking, steelmaking and chemical production. Only 3 percent is made from renewable resources.