China ranked No 1 in terms of economic vitality among Asian economies in 2016, despite setbacks to regional economic integration, reports showed on Thursday.
Foreign companies have no obligation to transfer their technologies to local partners under a joint-venture format in China, the Ministry of Commerce reiterated on Thursday.
Seven new free trade zones are slated for inauguration soon, with the government likely to commence operational assessment processes by 2020, according to local government officials.
Chinese bike-sharing companies are using new technologies to better balance supply and demand for commuters, in a bid to gain the knockout advantage in the booming bike-sharing market.
China General Nuclear Power Group is one step closer to exporting its Hualong One reactor design to Kenya, after having signed an agreement with the Kenyan government on nuclear expertise and talent training.
Guangzhou, Shenzhen, Hangzhou, Wuhan and Nanjing have been ranked as the top five cities for opportunity in China, according to a report jointly launched by PricewaterhouseCoopers and the China Development Research Foundation.
Chinese companies are forming the mainstay of foreign direct investment in Latin American and African markets as globalization suffers setbacks elsewhere, an international law firm has said.
Asia's biggest oil refiner China Petrochemical Corp, known as Sinopec, said on Wednesday it had nailed an agreement to acquire a refinery and key assets of Chevron South Africa and Chevron Botswana for about $900 million.
For Australian entrepreneur Kevin Zhang, the Belt and Road Initiative means huge potential for the expansion of his hotel business in China.
Chinese internet services provider Tencent Holdings Ltd posted a hefty increase in net profits for 2016, citing its strategy to connect its online services as the main success driver.
The newly released property purchasing policy in Beijing is likely to cause terminations on existing contracts and help cool down the capital's property market, according to industry insiders.
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