The Chinese mainland's accelerated structural reform and efforts to cut debt levels might lead to a mild slowdown in gross domestic product expansion this year, investment bank Goldman Sachs said, setting its growth forecast for the year at 6.5 percent.
By Scotch whisky will be protected under law in China for a further decade, following the renewal of its trademark during British Prime Minister Theresa May's visit to China.
Wuxi, a city that was grappling with economic stagnancy a few years ago, has reported good results for 2017, due to strenuous efforts made in economic transformation and industrial upgrading.
Wuxi, located in southern Jiangsu province, became the nation's 14th city with GDP exceeding 1 trillion yuan ($159 billion) in 2017, the third city to make the achievement in Jiangsu after Suzhou and the provincial capital Nanjing.
China's central bank said it will boost the opening-up of the country's bond market this year while improving the rules dealing with bond defaults, in order to prevent and reduce financial risks.
The nation remained the world's largest consumer of gold bars and coins in 2017, investing in 306.4 metric tons, on the back of strong domestic demand and a rise in young consumers, the World Gold Council reported on Tuesday.
State-owned China Baowu Steel Group's general manager said the nation's largest steelmaker has benefited from mixed ownership reforms, and will continue to introduce private and foreign investors into all of its subsidiaries.
Consumption will continue to play an integral role in boosting China's economic development and contribute over 60 percent of GDP growth, a new report said.
Stock markets are expected to make a promising start in the Year of the Dog with the benchmark Hang Seng Index notching up impressive returns before bottoming out in the middle of 2018, Hong Kong brokerage CLSA said in its astrological predictions for the lunar year.
Chinese consumers are proving adept at finding brands that deliver value for their money, and Chinese brands have become credible competitors, especially in the personal digital gadget and personal care categories, according to a new report released by consulting firm McKinsey & Co this week in Beijing.
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