A Chinese realty firm said it has paid 1.135 billion pounds ($1.462 billion) to buy the tallest skyscraper in City of London - the biggest Chinese investment in the United Kingdom's real estate market.
China's Uber-type service for trucks Guiyang Huochebang Technology Co Ltd, also known as the Truck Alliance, said on Tuesday that it had raised $156 million in series B-2 funding, led by Baidu Capital, the investment arm of Baidu Inc, the country's largest search engine.
WuXi NextCODE, a contract genomics company headquartered in Shanghai, announced on Tuesday that it received a $75 million capital injection, as China targets precision medicine using gene sequencing as a new focus for improving health and medical standards.
Editor's Note: In this fourth part of the special series on the new free trade zones being set up across China, we look at the China (Zhejiang) Pilot FTZ at Zhoushan, which started operations on April 1.
Work on building China's first 20,000-metric-ton ship capable of transporting goods by both sea and river began on April 19 in the island city of Zhoushan, Zhejiang province, boosting the local free trade zone's transportation and logistics capabilities.
When the YiDa Five supply vessel left Sinopec Zhoushan Company's fuel depot at the Aoshan wharf in the China (Zhejiang) Pilot FTZ for Shanghai Yangshan Port on April 18, its target was Panama freighter Paraburdoo - and the task was to deliver as much as 1,350 metric tons of bonded fuel oil.
Belle International Holdings Ltd - the former No 1 women's shoemaker in the Chinese mainland - is looking at going private, a decade after its debut on the Hong Kong Stock Exchange, due to the sluggish footwear business.
Since the announcement of the establishment of Xiongan New Area last month, Huang Langping, marketing director of Foshan Oceano Ceramic Co for the North China region, has received a number of old clients or newcomers seeking distribution rights in Xiongan.
Foxconn Technology Group plans to open a production center in Central China's Hunan province for Amazon.com Inc, as part of its effort to diversify and reduce its reliance on Apple Inc, according to technology website Digitimes.
The world's largest refiner is to list 10 percent of its fuel marketing business on the Hong Kong Stock Exchange, a move to further open up the country's energy market, sources said.
The total revenue and net profit of listed A-share companies in 2016 registered double-digit year-on-year growth as supply-side structural reform deepened and many upstream companies reduced overcapacity.
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