Australia has cemented closer economic ties with China in a shift of policy that should open up new infrastructure projects and funding opportunities.
With tax liability lower now, small and medium-sized technology companies in China will likely increase their spending on human resources and research and development, thereby facilitating innovation and stabilizing growth, observers said.
New tax incentives for venture capital firms and angel investors are expected to encourage them to invest more, which will likely help boost the tech startup sector, said senior industry executives.
China will start to levy a safeguards tariff on sugar imports after a six-month investigation, in order to protect the domestic sugar industry and stabilize the market, the Ministry of Commerce said on Monday.
People love the idea of picking up a bargain. And thanks to China's rapidly developing internet sector, more consumers are enjoying the excitement of bidding on online auction sites, such as e-commerce giant Alibaba's Taobao platform.
The market-oriented reform of the country's oil and gas sector will give the market a decisive role in the industry, allowing broader participation in a sector dominated by State-owned companies, analysts said.
The rapid development of financial technology has seen listed Chinese banks continue a major drive to transform their branches and reform their operations, according to the findings of a report issued on Monday by Ernst & Young.
China Petroleum & Chemical Corp, also known as Sinopec, the world's largest refiner, believes that by deepening cooperation with countries and regions taking part in the Belt and Road Initiative, it can reshape the petroleum and petrochemical industry.
The world's largest refiner, China Petroleum & Chemical Corp, also known as Sinopec, and Russia's Rosneft Oil said they will deepen cooperation to stengthen their joint venture Udmurtia Petroleum Corp.
Unipec Singapore Pte Ltd, a trading unit of China Petroleum & Chemical Corp, or Sinopec, said it was confident that for the sixth year in a row, its oil and gas turnover will likely increase by 10 percent in 2017.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
