Industrial output rose 6.6 percent last year, up 0.6 percentage point from a year earlier, the National Bureau of Statistics said on Thursday, driven largely by the global economic rebound, momentum from the Belt and Road Initiative and surging domestic demand.
Home prices remained divergent in China during December, with some of the first-tier cities recording price drops, while second and third-tier cities saw increases due to the varied market policies, the National Bureau of Statistics said on Thursday.
China's fixed-asset investments grew more than expected in 2017, but recorded the slowest annual growth pace since 2000 as authorities stepped up efforts to rein in local government debt and financial leverage continued to fall, official data showed on Thursday.
Carlyle Group LP, a US private equity firm, said on Thursday that it is raising its second renminbi-denominated fund and plans to accelerate investment in China to tap the growth opportunities in the country.
China's millennial generation has brought strong momentum to the country's luxury personal goods consumption, which grew by 20 percent in 2017.
When Torstein Hagen started his career in the cruise industry more than 40 years ago, it was nothing like it is today. He said a cruise, whether on a seafaring ship or by river, should be quiet and elegant, rather than the currently prevalent profit-driven cruise model, which involves a bigger ship and more pressure to spend money on board.
The rapid development of the Chinese mainland's e-commerce sector has offered the world "valuable lessons" on how to boost the economy with the internet, said Tara Joseph, president of the American Chamber of Commerce in Hong Kong, or AmCham.
China aims to cut the average debt-to-asset ratio by another 2 percentage points for its centrally administered, State-owned enterprises by 2020, the country's State asset regulator said on Wednesday.
The war on financial risks will continue this year in China, with renewed efforts to crack down on shadow banking activities and further rectification of financial irregularities, said the head of the nation's banking regulator.
The country's top insurance regulator on Wednesday released an action plan to resolve major risks in the industry, vowing to tighten regulation of insurers' shareholders, and to take action against poor corporate governance and risky capital management and investment.
A report that US lawmakers urged AT&T Inc to cut commercial ties with Chinese telecom equipment giant Huawei Technologies Co Ltd and to reject plans by operator China Mobile to enter the US market, has sparked serious concerns in both countries.
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