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While sales of some well-known Chinese liquors have fallen lately, the demand for foreign brands continues to grow at a rapid pace.
General Electric Co said it will buy a 15 percent equity stake in China XD Electric Group for about $535 million.
Overseas expansion and global-player status may no longer be a pipedream for China's Internet companies as several have already taken steps abroad and a small number have tasted a modicum of initial success.
China is looking to triple the sales revenue of its high-end equipment manufacturing industry to 6 trillion yuan ($951 billion) by 2015.
Authorities in Beijing rejected the applications of more than 14,000 families who hoped to buy apartments last year amid the efforts to tighten the property market.
China's online third-party payment market reached 758.3 billion yuan in the first quarter of 2012, a major tech and Internet information provider said Monday.
China will allow small and medium-sized non-public companies to have their securities traded on a national over-the-counter market.
A report by the Bank of Communications projected that the growth of the consumer price index will decline to 3.3 percent year-on-year in April.
Vice-Premier Li Keqiang called attention to the complementary nature of relations between China and the EU during his recent 10-day official tour of Europe.
Listed property developers are full of gloom: More than 60 percent of those whose shares trade on the A-share market reported lower profits or losses.
Manufacturers shipped approximately 50.1 million air conditioners to the domestic market in 2010, up 61 percent from 31.1 million units in 2009.
Three of China's top four domestic auto groups reported sharp drops in profit or a loss in Q1 this year as sales declined amid a slowing economy.
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