ZONG QINGHOU, founder of China's largest beverage company, Hangzhou Wahaha Group in East China's Zhejiang province, said in an interview a month ago that his company paid over 40 million yuan ($5.8 million) in mandatory fees between January and November last year. Beijing News commented on Friday:
A DRAFT of the revised Law on Penalties for Administration of Public Security has recently been published to solicit public opinions for a month. Southern Metropolis Daily commented on Saturday:
Will there be a trade war between the world's two largest trading powers? Anxiety is spreading among business people around the world as the Trump administration takes office in the United States, with many saying a showdown with China is unavoidable and imminent.
After his inauguration, US President Donald Trump has begun to reset the White House trade policies. But the consequences of his "America First" stance could be disastrous.
President Donald Trump was sworn into power on Friday, assuming a tremendous amount of responsibility for the welfare and security of Americans. And as the United States is the world's sole superpower and highly interdependent with the rest of the world, Trump also shoulders great responsibility for global peace and development.
The United States' foreign friends and partners had hoped that as the new US President, Donald Trump might temper the aggressive rhetoric he employed when campaigning, and that somehow, as one commentator put it, "the trailer would turn out to be worse than the movie".
Chinese companies are showing more ambition to reach into the international market, especially in the rapidly evolving technology sector, with a major acquisition announced on Thursday.
Viacom Inc's Paramount Pictures reached a co-financing agreement with Shanghai Film Group and Huahua Media that will help the money-losing studio pay for movie production over the next three years.
China National Chemical Corp said it filed for US antitrust approval with the Federal Trade Commission for its proposed $43 billion takeover of Swiss agrochemical company Syngenta AG.
The improvement in demand for investment will help consolidate the foundation for domestic economic growth in the current year, after fixed-asset investment in the private sector witnessed a mild uptick at the year-end of 2016, the National Bureau of Statistics said on Friday.
The National Bureau of Statistics announced on Friday that the added value of industrial enterprises above designated size - defined as State-owned and non State-owned industrial companies with annual revenue of over 20 million yuan ($2.9 million) - rose 6.0 percent year-on-year in 2016, the same as that in the first three quarters.
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