The Asian Infrastructure Investment Bank will set up an ethics integrity department and encourage whistleblowers to ensure there is no corruption, according to Jin Liqun, its president-designate.
As China waits for acceptance into the European Bank for Reconstruction and Development, Jin Liqun, president-designate of the Asian Infrastructure Investment Bank, and other European finance leaders have agreed that the two banks will work together to improve economic collaboration.
China's financial markets are on the right path for reforms, and any fluctuations along the way can only help the market become more mature, says Alan Yarrow, lord mayor of the City of London.
Armed with just two suitcases, 32-year-old Jean Simpson, an account manager with a multinational bank, relocated from Shanghai to Hangzhou, some 100 kilometers away, in late August. She had no furniture, no household appliances and none of the paraphernalia that typically mark a relocation.
One of the major challenges China faces as it continues on its path toward becoming a middle-income country lies in the government's avowed aim of providing "basic healthcare for all".
China's first domestically developed large passenger aircraft, the C919, rolled off the final assembly line in Shanghai on Nov 2.
ICBC Financial Leasing Co, China's biggest financial leasing company, is to start promoting sales of the domestically built C919 airliner, the narrow-body aircraft being produced by Commercial Aircraft Corporation of China Ltd.
Experts say the successful development of the C919 airliner, China's first domestically built large passenger aircraft, could spark the creation of a nationwide aviation industry.
Google is in constant dialogue with Beijing as it seeks to better serve the country."
Zhang Ruimin, chief executive officer at Haier Group, has a vision for the consumer electronics and home appliances giant.
When Mark Schwartz moved to Beijing four years ago with his family, he felt "privileged" to be working in the country.