Drink a baijiu toast to the new year. China's consumer staples stocks, led by makers of the fiery Chinese liquor, are helping drive stock gains this year as sales prospects get rosier.
China's securities regulator is reportedly considering relaxing the restrictions on the trading of stock index futures. Any such move would underscore its intention to gradually restore the market function that has almost come to a halt since the market rout in 2015.
Spring Festival will be celebrated by Chinese at home and abroad in two weeks.
Fan Xiaohui's mother mostly manages to reach her daughter over phone but the same can't be said of Fan. There are times when Fan's calls to her mother go answered because her parents work at a supermarket in Beijing and she lives in Taihe county in the outskirts of Fuyang, a large city in Anhui province.
China's foreign oil dependency level reached 64.4 percent of total demand in 2016, 3.8 percent higher than the previous year - and was expected to rise again in 2017, a leading economics think tank in China said on Thursday.
Credit risks in industries with excess capacity has been digested better than expected by China's major lenders, creating a favorable condition for policymakers to contain risks in the financial system, analysts said.
Chinese brands of televisions accounted for 30 percent of the global market in 2016, an increase of 3.2 percent year-on-year as Chinese home appliance companies stepped up efforts to expand overseas through mergers and acquisitions, according to All View Cloud, a Beijing-based consultancy.
Xiaomi Corp, one of China's most valuable technology startups, is shooting for more than 100 billion yuan ($14.5 billion) of revenue in 2017 while expanding its global business and deepening research into artificial intelligence and online finance.
Global asset management company targets large institutional investors
Beijing Fun Age Entertainment Co Ltd, China's first comedy stage play company listed on the New Third Board, is planning to have an initial public offering - as part of its strategy to fund a new round of development and capture bigger audiences.
Bitcoin tumbled to a one-month low on worries that Chinese authorities are going to tighten their oversight of the digital currency.
Metallurgical Corp of China Ltd, the country's biggest metallurgical engineering contractor, announced on Wednesday that 24.76 million of its nonpublic offering shares were purchased by China Chengtong Holdings Group Ltd, a State-owned asset-operating group.
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