Sun recalls that when they launched BC Capital four years ago, the private equity business had just got off the ground on the mainland after a period of unrestrained growth. The industry's rapid development led to the creation of the Asset Management Association of China in mid-2012, based on the provisions of the Securities Investment Funds Law and the Regulations on the Registration and Administration of Social Organizations.
TIANJIN -- North China's Tianjin municipality has drafted measures on assessing taxi drivers' credit scores and requires the credit levels to be shown on the toplights.
Surprisingly, it took just one day for the company to fulfill the registration, he recalled, and the whole must-do list was accomplished in 28 days, much fewer than the previous average of 110 days, making it a model example to showcase how efficient government could be.
Szijjarto stressed that Lenovo's decision confirmed that leading technology companies trusted Hungary and justified the country's "Eastern Opening" policy, underlining that global competition for Chinese investment was fierce.
Swiping phones for payment is shaping up to be the new norm for Chinese people shopping overseas, as the adoption of mobile payment becomes more evenly distributed by age and geographical location.
T. Rowe Price Group, Fidelity Investments and Scotland's Baillie Gifford, which are top Tesla shareholders, declined to comment.
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TOKYO - Japanese Prime Minister Shinzo Abe denied on Wednesday that he had intervened to secure preferential treatment for a friend's plan to set up a veterinary school despite new reports he had discussed the matter with the friend.
TAIYUAN -- President Xi Jinping said more should be done to end poverty and improve the standard of living in revolutionary base areas.
TOKYO - Former Japanese Prime Minister Yasuhiro Nakasone has died at the age of 101, sources close to the matter said Friday.
TIANJIN -- A Chinese-built unofficial hospital ship, the newest and largest of its kind in the world, has set sail from a port in northern China's Tianjin municipality, the ship manufacturer said.