China's economy continues to enjoy strong growth
China continues to enjoy strong growth which is projected at 6.7 percent for 2017, and shows potential to sustain the increasing momentum over the medium term, said International Monetary Fund (IMF) in a recent annual report.
Macro
China bans issuance of long-term certificates of deposit
China's central bank announced Thursday that financial institutions will be banned from issuing certificates of deposit (CDs) with terms exceeding one year, as the country seeks to channel more money to support the real economy.
In-depth
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China eyes rental housing as solution for rising property prices
China's move to boost rental housing supply aims to provide a long-term solution for an overheated real estate market, analysts said.
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China's listed firms report higher earnings amid economic restructuring
Listed companies in China reported rapid profit growth in the first half of this year (H1), as the country's structural reform began to bear results.
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Companies
China's Dongfeng announces e-car venture with Renault, Nissan
China's automaker Dongfeng Motor Corporation has announced a plan to co-develop electric cars with Renault-Nissan Alliance through a joint venture.
China Guodian merges with Shenhua Group to create new energy giant
China's State Council has approved a merger between China's major power generator China Guodian Corporation and coal producer Shenhua Group, an official statement said Monday.
Online retailer plans to roll out larger delivery drones
Chinese online retailer JD.com plans to roll out a drone that can carry packages weighing as much as 200 kilograms for long-distance deliveries.