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Private businesses are prospering in Guangzhou, but entrepreneurs still complain they get little financial support from the municipal government.

New legislation aims to prevent further investment in sectors considered redundant, from the petrochemicals sector to the power industry.

Private enterprises are starting to flourish in China, including property firm Tongchan and computer network developer C.Net. Tongchan’s founder partly attributes his company’s success to the spiritual guidance of Mao Zedong.

Famous as a penal centre, Qinghai is hoping for a more prosperous future based on the exploitation of its rich oil and mineral reserves.

American insurers in the Mainland have joined forces in an attempt to persuade the authorities to open up the market and improve access.