China becomes world's second-largest source of outward FDI
China rose to the position of the second-largest source of outward foreign direct investment (FDI) for the first time in 2016, a report showed Thursday.
Industries
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Economic Watch: Entertainment, media propel China's economic shift
China's entertainment and media (E&M) industries, which have been growing at an enviable pace, have emerged as a significant driving force for the country's shift to a consumption- and services-powered economy.
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Economic Watch: Listed startup profits show economic momentum
Nearly seven in 10 Chinese-listed companies on China's NASDAQ-style board are poised to register hefty profits for the first half of this year, casting light on momentum in emerging sectors and the solid economic fundamentals of the country.
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Companies
China urges Germany to help jumbo jet C919 get EU airworthiness certificate
Visiting Chinese Premier Li Keqiang on Wednesday called on Germany to help China-developed large passenger plane C919 get an airworthiness certificate from the European Union.
ChemChina completes acquisition of Syngenta
Chinese state-owned chemical giant ChemChina announced Thursday it has completed a deal to acquire Swiss agribusiness giant Syngenta.
Volkswagen Passat sedans recalled in China over gearbox problem
SAIC Volkswagen, a joint venture between Shanghai-based SAIC and German automaker Volkswagen, has filed a recall of its New Passat sedans in China due to a gearbox problem.
