Chinese insurers saw profits soar 29.7 percent year-on-year to 256.7 billion yuan ($39.5 billion) in 2017, mainly driven by a handsome investment return from stock market activities, the industry regulator revealed on Monday.
China's plan to free up the yuan fully could take some more time to achieve as the current top priorities for the government are to maintain a stable currency value and prevent risks from cross-border capital flows, economists said.
The nation has completed the first draft of nationwide regulations for road tests of internet-connected vehicles and self-driving cars, as part of the broad push to gain a lead in commercializing such vehicles, according to a source close to the matter.
Leshi Internet Information& Technology Corp, the listed arm of debt-laden internet conglomerate LeEco, is expected to resume trading this week, but experts say its stock price will inevitably plummet and its profitability remains worrisome.
Chinese mainland conglomerate HNA Group said that it is seeking buyers for its majority stake in Spain's NH Hotel Group amid liquidity concerns.
A dozen Chinese municipalities and provinces are at the forefront of attempts to construct free ports, in an effort to advance higher-quality liberalization and to facilitate trade and investment.
China will implement guidelines this year to promote the development of world-class industry clusters in the Yangtze River Economic Belt, with five emerging industries - digital information, high-end equipment, automobiles, home appliances, textiles and garments - being top priorities, the Economic Information Daily said on Monday.
China's steel industry notched up a creditable achievement last year. It improved product quality, which helped increase prices and boosted companies' financial performance.
China's iron and steel enterprises are increasingly tapping overseas markets, especially countries and regions involved in the Belt and Road Initiative, for new growth opportunities.
China's special steel enterprises have successfully developed an array of high-tech and high value-added products to break the dominance of established rivals including those in France, the United States and Japan.
Cosmetics, face creams, shampoos ... hang on a second, this cover story is not about the latest trends in the Chinese female consumer products.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
