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China / Business

ECB gives boost to renminbi

[2017-06-16 07:07]

The push to internationalize the renminbi moved up a gear following the announcement by the European Central Bank that it will diversify some of its foreign exchange reserves into the Chinese currency, pointing to growing confidence in the renminbi as a global reserve currency.

Group toys with digital to triple China business

[2017-06-16 07:07]

Mattel Inc expects to grow three to four times in the more than $31 billion toys and games market in China by 2020 through digitally connected toys, as it intensifies its efforts to take on Lego Group and Hasbro Inc in the country.

Building equipment boost proves economy is on track

[2017-06-15 06:45]

Sales of heavy construction excavators doubled in May to cope with expanding infrastructure projects in China as the economy continues to purr along.

Frequent fliers cash in on tickets between Dalian-Yantai

[2017-06-15 06:45]

Frequent fliers between Dalian and Yantai will be able to buy cut-priced monthly tickets.

'Nifty 50' in worst day in 6 months

[2017-06-15 06:45]

SHANGHAI - Chinese mainland stocks fell on Wednesday, with the country's leading "nifty 50" stocks posting their worst day in six months.

Coca-Cola steps up its efforts to conserve water

[2017-06-15 06:45]

Ten years ago, Jinjing tea farm in Hunan province faced closure due to fierce competition. Zhang Wen, vice-president of Jinjing Hunan Tea Co, then decided that ecology and the environment would be the key to the development of the tea farm.

Leading brewer rolls out major farming program

[2017-06-15 06:45]

A major global brewer is rolling out a SmartBarley program in China to help support local farmers and communities.

Chinese students head for Enactus World Cup in London

[2017-06-15 06:45]

A team of high-flyers from Guangdong Pharmaceutical University will travel to London in September to compete in the Enactus World Cup - the high-tech version of the soccer World Cup.

Briefly

[2017-06-15 06:45]

Carrefour policy helps farmers

Commsat aims high with satellite system launch

[2017-06-15 06:44]

Editor's note: In the run-up to the 19th National Congress of the Communist Party of China, China Daily will cover a series of key projects and advanced equipment of national importance, showcasing the country's huge improvements and relentless efforts in manufacturing upgrading and innovation.

Ant woos 3rd-party financial shops

[2017-06-15 06:44]

Ant Financial Services Group announced on Wednesday that it will allow third-party financial institutions to set up virtual shops through an indigenous app, another push to vie for supremacy in the country's booming online financial sector.

Major new ports group to be formed in Liaoning

[2017-06-15 06:44]

Liaoning province in northeastern China will form a new company to run its ports, and State-owned China Merchants Group will purchase a controlling stake - in the latest example of the government's intensified efforts to integrate the nation's ports and increase their efficiency.

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