China's economy on steady track despite softened momentum

China's economy on steady track despite softened momentum

China is on a steady track to meet its 2017 growth target despite some short-term fluctuations as the government focuses on quality over speed in its pursuit of economic growth.

Macro

China to transfer state assets to social security funds

China to transfer state assets to social security funds

China will transfer some state assets, including shares of state-owned companies (SOE) and financial institutions, to the country's social security funds as an aging society puts pressure on pension payments.

In-depth

Companies

BYD signs green bus deal with Argentine province

BYD signs green bus deal with Argentine province

Chinese automaker BYD will provide 50 pure electric buses to the Argentine province of La Rioja to help with its green development.

China's Geely buys U.S. flying car maker

China's Geely buys U.S. flying car maker

Zhejiang Geely Holding Group has announced it will acquire all operations and assets of Terrafugia Inc, a U.S.-based flying car developer.

Baidu to see small-scale production of driverless vehicles

Baidu to see small-scale production of driverless vehicles

Baidu plans to launch "small-scale production" of fully autonomous mini-buses in July of next year, according to Robin Li, CEO of the Chinese tech giant.

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