China will further open up its service sector to foreign investors, the Commerce Ministry said on Thursday.
Domestic e-commerce firms are taking their globalization drive one step further by adding more British brands onto their platforms to tap growing middle income earners with fondness for quality foreign brands.
The nation will accelerate the development of world-class urban clusters, in an effort to address issues such as overcrowded large cities and the unbalanced allocation of public resources among big and smaller cities, urban planning officials and experts said on Thursday.
App developers from China are targeting markets linked to the Belt and Road Initiative's vision, as they seek to expand their presence and create new momentum globally, a new report said on Thursday.
China is likely to leave its benchmark interest rate unchanged in the near future amid reasonable inflation rises and a stable yuan, even with the higher likelihood of a United States Federal Reserve interest rate rise next month, according to analysts.
China's manufacturing purchasing managers' index (PMI) stood at 51.3 in January, down from 51.6 in December, according to data released by the National Bureau of Statistics on Wednesday. Analysts said the economy remains on track as exports and consumption continue to bolster growth.
China's economic growth is likely to moderate to around 6.5 percent this year, while the government's priorities will be to resolve risks in the banking system and curb the rapid buildup of debt, according to Goldman Sachs.
With the Spring Festival holidays approaching, some high-cost overseas tourism destinations have become more popular among Chinese tourists than before, according to a new report by Ctrip, China's largest online travel agency.
Abu Dhabi National Oil Co, the state-owned oil company of the United Arab Emirates, said on Wednesday that China's growing demand for crude remained integral to its long-term growth strategy.
China's efforts to streamline and restructure its State-owned enterprises gained further momentum on Wednesday after the State-Owned Assets Supervision and Administration Commission cleared the proposed merger of China Nuclear Engineering and Construction and China National Nuclear Corp.
China United Network Communications Group Co Ltd, the country's second-largest telecom carrier by subscribers, has teamed up with Alibaba Group Holding Ltd to sell its assets on the latter's online auction platform.
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