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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