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state owned enterprises
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China Set to Make Own Ballpoint Pen Tips
Apr 30, 2019State-owned Taiyuan Iron and Steel (Group) Co plans to mass-produce ballpoint pen tips and replace imports in two years, company officials said on Tuesday. The group has spent five years on research and development to acquire the ...
Tags: Ballpoint Pen, Pen
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Big Data Shows B&R Cooperation Yields Win-Win Results
Feb 11, 2019The Belt and Road Forum for International Cooperation was held successfully in May 2017. Thanks to joint efforts from all parties, the Belt and Road (B&R) construction has yielded fruitful achievements. Over the year, trade cooperation ...
Tags: B&R Cooperation, B&R routes
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China's Central SOEs Profits up 29%
Mar 10, 2017China's centrally administered state-owned enterprises (SOEs) performed well in the first two months of 2017 thanks to a stabilizing economy and better management, the state assets regulator said Thursday. Combined profits of China's ...
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Industrial SOEs See Healthy Gains in 2016
Mar 3, 2017China's State-owned industrial enterprises, which account for the majority of China's SOEs, ended two years of losses in 2016 and reaped good returns on the back of structural optimization. In 2016, the profits of State-owned industrial ...
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Chinese ODI Comes Close to US$200b in 2016
Feb 3, 2017China's overseas direct investment is estimated to soar 40 percent to a record $189 billion in 2016 from the previous year, according to a study released by the US consultancy Rhodium Group and Berlin-based Mercatur Institute for China ...
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World Bank Expects Chinese Economy to Grow
Jan 11, 2017The World Bank on Tuesday kept its forecast for China's economic growth rate for 2017 unchanged at 6.5 percent, saying that the economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite reemerging ...
Tags: World Bank, Chinese Economy
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Refuse to "Back Door" Chinese Electronics to Do "Chinese Core"!
Dec 12, 2016(CCTV financial "dialogue") you know that every year China's imports of goods which is the most expensive? Food? Crude oil? Machinery? None of them! Every year, China spends far more money on a product that is small in size than the bulk ...
Tags: dialogue, Chinese electronics, Chinese core
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Inclusive Policy for a Fairer Asia-Pacific
Dec 12, 2016Against the backdrop of a sluggish global economy, lackluster trade growth and uncertainty in major economies, countries in the Asia-Pacific region are still likely to have a growth rate of 4.9 percent this year. The region continues to ...
Tags: global economy
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China Is Facing Growth Deceleration
Dec 12, 2016A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...
Tags: Chinese economy, global economy
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China Sets Major Economic Tasks for 2017
Dec 10, 2016The Communist Party of China (CPC) Friday specified major tasks for the economic work in 2017, including further advancing supply-side structural reform. The country should push forward reforms in key sectors, including state-owned ...
Tags: CPC, China's economic growth
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Merged Steel Giant to Get 2 HQs: Report
Nov 19, 2016China's Baosteel Group will have dual headquarters following its merger with smaller rival Wuhan Iron and Steel (Group) Corp, according to Shanghai-based newspaper The Paper. The newly merged steel giant will have headquarters in both ...
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13 Patents of SGCC Won The 17th China Patent Award
Sep 28, 2016Recently, the 17th China Patent Award was announced.13 patents of SGCC won the awards, including 1 Gold Award and 12 Memorial Awards, scoring the best result in terms of both the ratings and quantity of prizes. China Patent Award is the ...
Tags: patents, SGCC, 17th China Patent Award
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China's Industrial Profits Grow 19.5% in Aug.
Sep 28, 2016China's industrial profits rose 19.5 percent year on year to 534.8 billion yuan (about 80.3 billion U.S. dollars) in August, official data showed Tuesday. The growth rate was faster than the 11-percent increase registered one month ...
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Massive Fund to Help Reform Giant SOEs
Sep 27, 2016Major Chinese State-owned enterprises have launched the nation's largest private equity fund, worth 350 billion yuan ($52.5 billion), to finance SOE restructuring as part of China's efforts to advance supply-side reform. The money will be ...
Tags: Giant SOEs, nation fund
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China Establishes SOE Structural Adjustment Fund
Sep 27, 2016China on Monday established a national fund for structural adjustment of state-owned enterprises (SOEs). The fund has an estimated capital of 350 billion yuan (around 50 billion U.S. dollars) and will mainly invest in programs including ...
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