A pedestrian passes an advertisement for McDonald's in Zhengzhou, capital of Henan province. [Photo/for China Daily]US fast food giant McDonald's plans to open more than one restaurant every day in China over the next five years to attain its goal of having 4,500 restaurants in the country by 2022, ...

GOVT AND POLICIESCentral bank injects fresh funds to marketChina's central bank on Thursday injected fresh funds to the money market via reverse repos to keep liquidity stable. The People's Bank of China pumped 100 billion yuan ($15.3 billion) into the financial system via a process by which the cen...

Apple remains the world's most profitable company this year, even as its annual profits declined 14.4 percent in the most recent financial year, according to Fortune magazine.China's "Big Four" banks, including Industrial Commercial Bank of China (ICBC), China Construction Bank (CCB), Agricultural B...

Private equity firm H Q Asia Pacific said PhiSkin－a cosmetic medical services provider which operates a skin and laser clinic in its investment portfolio－completed series B fundraising in early June, one more deal in the sector which is attracting increasing amounts of capital in China.Legend Capita...

A worker assembles a car at the Zhengzhou Nissan plant in Henan province. Sha Lang / China DailyZhou Xianpeng, vice-president of Dongfeng Motor, has been appointed to head the new company, which was registered on Jan 20 in Guangzhou, according to the city's industry and commerce administration. Don...