China's manufacturing activity continued to expand for a fourth month in November, providing further evidence of a strengthening Chinese economy, official data showed Thursday.
Market
Profits made by individual investors from the link between the Shenzhen and Hong Kong stock exchanges will be temporarily exempted from personal income tax, the finance ministry said Thursday.
Financials
-
China reiterated it will stick to its opening up policy and "going out" strategies, facilitating investment abroad while guarding against risks.
-
Vice Finance Minister Shi Yaobin said on Friday that China will simplify VAT rates in the future to ease company tax burdens.
Company
A new steel group, whose annual output will be China's largest and the world's second largest, was established Thursday in Shanghai following the merger of two major steelmakers.
Chinese company BYD on Thursday unveiled its innovative and cost-effective SkyRail mass transit solution at the 2016 C40 Mayors Summit in Mexico City.
Los Angeles based Lionsgate and China's iQiyi announced Tuesday a long-term deal under which the Chinese firm will have exclusive rights to stream select Lionsgate titles on its platform in China.
