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Chinese carmakers' efforts to improve their vehicles' quality are paying off, according to a survey by US-headquartered market research company J.D. Power.

Chinese private enterprises are facing imbalances in their innovative development, with most of their focus on innovation of products but little on innovation of talent management, services, ways of financing and other aspects, a newly published whitepaper said.

Chinese insurance giant Ping An Insurance (Group) Company of China Ltd said it will continue to step up investment in technology to empower its main financial business.

Chinese companies do not have to get permission from the central bank to open deposit accounts in commercial banks, starting from Monday, a measure to improve financial services especially for small and micro businesses, according to the financial authorities.

Chinese graduate gains insight studying in South Africa, Cao Desheng reports.