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ARTICLE China greenlights establishment of new foreign-owned fund management firm

BEIJING, Aug. 6 (Xinhua) -- China's top securities watchdog has approved the establishment of a fund management firm wholly owned by overseas investors amid the country's financial opening-up ...

ARTICLE China's beverage industry records solid growth in 2021

...BEIJING, March 6 (Xinhua) -- Major beverage producers in China registered double-digit growth in output last year, official data shows. In 2021, major beverage producers saw their output rise 12 pe...

ARTICLE China to explore e-CNY cross-border payment programs: central bank

BEIJING, July 16 (Xinhua) -- China in the future will explore pilot cross-border payment programs of the country's digital fiat currency or e-CNY, the central bank said Friday. Though technical...

ARTICLE China approves investment projects worth 6.96 bln USD in Q1

BEIJING, April 19 (Xinhua) -- China's top economic planner approved 16 fixed-asset investment (FAI) projects in the first quarter, with combined investment totaling 45.4 billion yuan (about 6.96 b...

ARTICLE China-Europe freight-train service sees surging growth in H1

BEIJING - The China-Europe freight-train service has handled 7,377 trips in the first half of this year, up 43 percent from the same period last year, data from the China State Railway Group Co., Ltd....

ARTICLE Report: China's digital economy competitiveness 3rd in world

...Beijing and economic hub Shanghai both saw ranking increases in digital economy competitiveness from a year earlier, taking the eighth and twelfth spots, respectively. New York, Boston, London, Singap...

ARTICLE Shake Shack to make South China debut next month

Iconic New York-style casual eatery has outperformed in Shanghai, Beijing Shake Shack Inc, New York's iconic casual dining establishment, is bullish on the Chinese market and plans to further i...

ARTICLE FedEx Express forecasts China's e-commerce sales to reach 2 trln dollars by 2025

BEIJING, Dec. 10 (Xinhua) -- China's boosting e-commerce market is forecast to see sales volume of nearly 2 trillion U.S. dollars by 2025, said a report on digital megatrends released by FedEx Exp...

ARTICLE China to become world's largest smart home device market in 2024: report

BEIJING, April 18 (Xinhua) -- China will overtake the United States to become the world's largest market for smart home devices by the end of 2024, according to an industrial report. China'...

ARTICLE China speeds up top-level design for carbon-neutral push

...BEIJING - China is accelerating the formulation of the top-level design and industry-specific policies to further clarify its roadmap towards carbon neutrality, the country's economic planner said...