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  • China's economy continues to enjoy strong growth

    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 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

    Companies

    China's Dongfeng announces e-car venture with Renault, Nissan

    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 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

    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.

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