China's economic growth will reach 6.8 percent year-on-year in 2017, although it may moderate next year to 6.6 percent, according to a forecast released on Wednesday by the Organization for Economic Cooperation and Development.
Delivery firms and pickup stations are getting ready for the world's largest shopping festival on Nov 11 organized by e-commerce giant Alibaba Group Holding Ltd, as its logistics arm Cainiao Network Technology Co Ltd prepares for the event with a vast, military-scale campaign.
Aircraft manufacturer Airbus Group SE on Wednesday inaugurated its first overseas wide-body completion and delivery center in Tianjin, and delivered its first European and Chinese made wide-body A330 aircraft to Tianjin Airlines from the new plant.
State-owned conglomerate China Merchants Group (CMG) said it will step up efforts to explore opportunities in the Belt and Road Initiative and use its rich experience overseas to help develop local economies.
An in-depth opening up of the Chinese financial market is expected to be a fundamental part of the country's economic growth strategy in the coming years, Harvey Schwartz, president and co-chief operating officer of The Goldman Sachs Group, said on Wednesday.
Regulations have been tightened for personal consumption loans to prevent lending from being abused in the housing market as a tool for property speculators.
Blazing furnaces at temperatures of more than 1,000-degree Celsius, belching out flames and sparks, are visions usually associated with steel mills and iron works.
Streamlining the iron and steel sectors has gathered pace during the past few years.
Domestic demand is fueling a rise in steel prices as China reports solid economic data.
The C919, China's first home developed large passenger plane, won another 130 orders from four domestic leasing companies on Tuesday, the largest number of orders since the successful debut flight of the aircraft in May.
Leading US toy retailer Toys 'R' Us Inc's joint venture in China will be unaffected by the company's financial restructuring in the United States, said its Asia president on Tuesday.
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