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.
The China Banking Regulatory Commission said on Tuesday that the nonperforming loan ratio of commercial banks in China a the fourth quarter came in at a 1.81 percent, up from an NPL ratio of 1.76 percent in the third quarter - a development which triggered further measures by the national banking regulator.
State-owned China Southern Airlines denied immediate plans to bring other major shareholders into the company on Wednesday - hard on the heels of reports the previous day of a mixed ownership plan which pushed the stock price up 7.38 percent.
Walmart Inc donated 2.65 million yuan ($382,175) it has raised from its staff, suppliers and customers to a Chinese foundation in early January, aiming to enhance the nutritional conditions of more students living in poor areas.
GAC Motor Co Ltd, the subsidiary of the Guangzhou Automobile Group Co, has signed an agreement with a local science institution to build a low-carbon and new energy exhibition, aiming to promote an environmentally-friendly lifestyle.
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