Two years in the making, China Business News (diyi caijing ribao) published its debut issue yesterday. Jointly owned by Shanghai Media and Entertainment Group (which goes by the alarming acronym SMEG), Guangzhou Daily Group and Beijing Youth Daily Group, the newspaper's initial registered capital is RMB 100 million RMB, with total investment expected to reach 150 million.







China Business News is published on each weekday. The paper will contain 24 pages, except for the friday issue which will have 36 pages. Price: 1 yuan. Sections includes finance, economic policies, industry news and special supplements.

This is the vision statement in its opening editorial letter:

To be the most influential, authoritative and respected financial daily newspaper in China, matching the future of Chinese economic development, and equivalent to world-class papers like the Wall Street Journal and Financial Times.

Hmm. Might want to start with a slightly less derivative design.