Latest economic data indicates China is on the right path to shifting economy away from exports and a dependence on heavy industry to one fueled by domestic consumption and services.
Industry
China's centrally administered state-owned enterprises (SOEs) will be able to hit their annual steel capacity reduction goal ahead of schedule.
Company
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Chinese social media giant Sina Weibo overtook its U.S. counterpart Twitter in market capitalization for the first time ever during trading on Monday.
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A Chinese firm will start researching and developing a magnetic levitation (maglev) train that can run 600 km per hour.
In-depth
The gross domestic product (GDP) of China grew 6.7 percent in the third quarter of 2016 on a year-on-year basis, steady from the first two quarters.
China was a strong driving force behind the setting up of the New Development Bank, K. V. Kamath, president of the bank, told Xinhua in an exclusive interview.
The China Dalian Wanda Group's 750-million-U.S.-dollar plan to attract Hollywood production to China has successfully catched the eye of the entire Hollywood.
