China and Russia plan to jointly develop the aero engine for the CR929, a widebody passenger aircraft that is being co-developed by the two countries, but this may require at least 10 years, said a Russian senior executive.
China will continually develop equity investment to provide medium and long-term financing and mobilize more resources under the Belt and Road Initiative, Chen Yulu, deputy governor of the People's Bank of China, the nation's central bank, said on Wednesday.
Swiss industrial conglomerate ABB Group will bring more digital and integrated solutions and products into China's service, mining, shipping and maritime engineering, chemical and food industries, as it invested heavily in the country in the second half of this year, its global head said on Wednesday.
British luxury label Burberry is examining the possibility of participating in the long-anticipated Shanghai London Stock exchange scheme through issuing Chinese Depository Receipts, one of a number of foreign companies that have expressed their interest in joining the program, two people who have the knowledge of the matter said.
Heilongjiang will give private firms full support to help them become the most dynamic growth point in the provincial economic boom, said Zhang Qingwei, the provincial Party secretary in an interview with Xinhua News Agency.
Entrepreneurs from Heilongjiang province have responded positively to President Xi Jinping's emphasis on providing more support to private enterprises.
China National Offshore Oil Corporation said on Tuesday that the company will supply 24.6 billion cubic meters of natural gas during the heating season that kicks off this week, up 20 percent year-on-year, to meet rising demand in the country.
Beijing will further open its market by allowing a number of wholly foreign-owned companies to provide outbound travel services to customers, a senior official of the city's tourism authority said on Tuesday.
Private entrepreneurs in the capital are encouraged by President Xi Jinping's speech on supporting non-public sectors and are determined to seize the opportunity to enhance their competitiveness.
Beijing will carry out a series of measures in fields including financing, tax reduction and increasing project opportunities to support the development of private companies, the city's mayor Chen Jining said on Monday.
Rather than sell into a depressed market caused by tariffs, US soybean farmers are storing their crops hoping to eventually get a better price.
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