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China / Economy

Spring Airlines taking off in Japan

[2013-12-19 20:51]

Spring Airlines, China's only budget carrier, has been granted a license to operate in Japan, China Business News reported on Thursday.

Goldwind nets Cuban wind turbine deal

[2013-12-19 20:28]

Xinjiang Goldwind Science & Technology Co Ltd, a manufacturer of wind turbines, announced on Wednesday that its wholly owned subsidiary Goldwind International Holdings signed a 51-megawatt wind turbine supply contract with Energoimport, a subsidiary of Union Electrica, in Cuba.

Outward direct investment guide published

[2013-12-19 19:48]

China unveiled the 2013 Outward Foreign Direct Investment Guide on Thursday, providing information on rapidly increasing investments abroad.

Chongqing aims to develop yacht industry

[2013-12-19 18:24]

The largest made-in-Chongqing luxury yacht was delivered to its new owner on Dec 18 in Chongqing.

State-owned assets management system to improve

[2013-12-19 16:46]

The state-owned assets management system will be strengthened, Chinese authorities said on Thursday.

Chinese unhappy with prices

[2013-12-19 16:14]

Chinese urbanites are unhappy with the price of goods and services, a survey by the People's Bank of China showed Thursday.

Jiangjin to develop selenium-related industries

[2013-12-19 15:21]

Chongqing’s Jiangjin district seeks to turn its reputation for longevity into business opportunities by developing selenium-themed agricultural products, tourism and old age care, local authorities said on Wednesday.

China, Britain face opportunities of co-op

[2013-12-19 09:01]

China and Britain now face new opportunities of cooperation as agreed by leaders of the two countries, said Chinese ambassador to Britain Liu Xiaoming.

Overseas investing sees large jump

[2013-12-19 01:10]

Chinese outbound investment rose a dramatic 28.3% in the first 11 months of the year as the world's second-largest economy acquired foreign assets.

Shanghai to allow cross-border RMB transactions

[2013-12-18 21:34]

A financial official in Shanghai government told the city's legislators that a new interbank payment system is planned for next year to deal with the increasing amount of cross-border transactions in renminbi.

Real estate the leading pick for Chinese insurers

[2013-12-18 21:33]

Real estate tops Chinese insurers' choices for non-traditional investment at home and abroad, a study by international accounting firm PricewaterhouseCoopers showed on Wednesday.

PBOC makes foreign-exchange purchase of $65.5b

[2013-12-18 21:32]

The People's Bank of China said that Chinese banks made a net foreign-exchange purchase of 397.9 billion yuan ($65.5 billion) in November.

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