China's major industrial firms saw strong profit growth and a decreasing debt ratio in 2017, amid an improving economy, deepening reform, and the government's ongoing deleveraging efforts.
Maintaining the sustainable development of the financial and real estate sectors and avoiding unexpected risks will be China's economic policy priorities next year, with these measures seen as key to safeguarding overall economic stability.
A natural gas hydrate national laboratory under China National Offshore Oil Corporation has been approved by the Ministry of Science and Technology, as China gains an edge for combustible ice commercial production after sustained trials.
Competition in China's booming mobile payment market is set to intensify, after Didi Chuxing, the country's largest ride-hailing company, acquired a much-coveted license to enter the internet finance sector.
Tianjin-based Chinese electronic vehicle company Iconiq Motors has completed a new round of financing totaling 1.2 billion yuan ($182.5 million) from institutions headed by GSR Capital, paving the way to fulfill the company's ambition to develop high-end electric vehicles and start mass production in 2019.
Business is booming in the aircraft maintenance sector as China's civil aviation industry cruises into clear blue skies.
Cutting-edge technology can help transform Guangzhou's economy as the provincial capital of Guangdong opens up to IAB industries.
Rising sales of traditional automobiles and new energy vehicles have fueled business opportunities for the LED lighting industry in China.
Sales of new energy cars, especially those with a short range, are hitting record highs in China at the end of the year, with industry insiders saying a major driving force is the concern that the government may slash subsidies for the vehicles in 2018.
HEFEI - Anhui Jianghuai Automobile Co Ltd, or JAC, will build its first plant in Brazil with an investment of nearly 200 million reals ($61 million), according to a report by Xinhua News Agency on Tuesday.
Hamleys, the world's most prestigious toy store, is expected to open its largest outlet in Beijing on Saturday as it strives to cash in on the country's baby boom.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
