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Economy

The scale of the cloud computing industry is expected to expand to 430 billion yuan (US$62.29 billion) by 2019, making breakthroughs in core technologies and strengthening Chinese cloud computing’s global influence, according to an action plan for 2017-2019 issued by the Ministry of Industry and Information Technology.

A recent tragedy has put loan sharks in the public eye. Sympathy or anger are not the solutions to avoiding further incidents. Legal process and exit mechanisms are

China will not adopt a “flooding” stimulus plan to propel economic growth, said Li Pumin, secretary general of the National Development and Reform Commission, at a recent news conference.

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Progress on corporate deleveraging is limited, says former minister Li Yizhong. Enterprises need more self-discipline and incentives, not just administrative orders

While there is consensus to keep the real economy thriving – the part that produces actual goods as opposed to financial markets – persuading investors to be patient enough to wait for returns remains a challenging task

Sharing a car is cool – but the sector has lots of problems to solve before it is also profitable