"One country, two systems" policy is the key framework that makes Hong Kong "special" and competitive, Kurt Tong, U.S. Consul General to Hong Kong and Macau said here on Thursday.

"One country, two systems" policy is the key framework that makes Hong Kong "special" and competitive, Kurt Tong, U.S. Consul General to Hong Kong and Macau said on Thursday.

Qianhai should carry out much bolder innovations to support its financial development and help maintain Hong Kong's financial stability, an expert told the Qianhai Financial Forum yesterday.

E-commerce giant Alibaba said it will launch on Oct 13 its online payment service in Hong Kong in the local currency.

AIA Group Ltd, the world's second-largest life insurer by market value, will increase investment in China as it sees a long-term opportunity in the growing demand for protection from the country's swelling middle-class consumers, the insurer's top country executive said.

Liu Wei, 23, a student from the China University of Political Science and Law, wanted to buy a new laptop but could not afford it. The monthly allowance of 1,600 yuan ($240) from her parents was just enough to cover only the living expenses.

Chinese film market has experienced leapfrog development in the past decade and entered more stable phase for restructuring, experts said during a national film festival.

Typhoon Megi, the 17th of this year, is expected to make landfall in the coastal areas of Fujian and Guangdong provinces around Wednesday, according to the National Meteorological Center (NMC).

Warships from Russia's Northern Fleet have carried out cruise missile firing exercises during the final stage of the ongoing naval drills in the Barents Sea, Russian Northern Fleet press service head Vadim Serga said Sunday.

Rescuers had discovered 36 bodies and were still looking for 22 others who are missing after floods and landslides hit West Java province in western Indonesia earlier this week, an official from the local disaster agency said on Sunday.

During an emergency Security Council meeting on Sunday called in wake of "one of the worst" weeks in Syria in nearly six years of fighting, the UN special envoy vowed to continue his role but pleaded with the panel "to enforce a cessation of hostilities (CoH) in Syria."

The Chinese investment mogul behind the vetoed 285 million U.S. dollar bid for Australia's largest pastoral land holding said he had "given up" the dealing with Australia, urging the government not to "close the door" on foreign money.