The nation remained the world's largest consumer of gold bars and coins in 2017, investing in 306.4 metric tons, on the back of strong domestic demand and a rise in young consumers, the World Gold Council reported on Tuesday.
State-owned China Baowu Steel Group's general manager said the nation's largest steelmaker has benefited from mixed ownership reforms, and will continue to introduce private and foreign investors into all of its subsidiaries.
Consumption will continue to play an integral role in boosting China's economic development and contribute over 60 percent of GDP growth, a new report said.
Stock markets are expected to make a promising start in the Year of the Dog with the benchmark Hang Seng Index notching up impressive returns before bottoming out in the middle of 2018, Hong Kong brokerage CLSA said in its astrological predictions for the lunar year.
Chinese consumers are proving adept at finding brands that deliver value for their money, and Chinese brands have become credible competitors, especially in the personal digital gadget and personal care categories, according to a new report released by consulting firm McKinsey & Co this week in Beijing.
On the shores of Maputo Bay in Mozambique, workers are busy putting finishing touches to the Maputo-Catembe bridge, Africa's longest suspension span, which is due to be completed later this year.
In May 2017, the Liverpool-based warehousing company Henry Bath challenged its 70 employees to maximize the amount of walking they do each day.
At 8:00 am every day, the London Stock Exchange opens its trading market with clustered real-time stock prices projected across its central screen, and another busy day starts for the city's bankers, lawyers and traders.
Further regulatory measures to ban initial coin offerings (ICOs) and cryptocurrency exchanges, especially via overseas platforms, are on the way after some illegal activities were unearthed by regulators following the ban on trading of these products on domestic platforms last year.
China is eyeing more overseas opportunities for its offshore drilling and completion technologies at high-temperature and high-pressure gas fields, according to the nation's largest producer of offshore oil and gas, China National Offshore Oil Corp.
The nation's top economic regulator signed an MoU with South Korea's tech behemoth Samsung Electronics Co Ltd for further cooperation, a month after it spoke to the company on chip price surge causing the government particular concern.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
