The Ministry of Environmental Protection has started to clean up its assessment procedures in an effort to stop new businesses being built that would cause pollution. So far this year it has canceled the licenses of more than 100 agents that had the authority to assess and approve planned projects, a ministry statement said on…
Live action fantasy/CGI Monster Hunt has set a new record as the biggest Chinese film everin box office revenue by raking in 1.8 billion yuan ($290.12 million) in ticket sales in theworld’s second-largest movie market. The film has broken several other records, including for highest ticket sales in a single day, asingle day for IMAX, opening…
Nearly one third of small investors, or more than 20million,have fled the turbulent stock market. The number of small investors holding stocks in their accounts slid to 51 million at the end ofJuly from 75 million at the end of June, according to China Securities Depository & ClearingCorp, the government agency that tracks accounts. Shanghai…