Profits for the mining sector from January to July hit 279.6 billion yuan (about billion), 7.5 times the figure for same period last year, Jia said.
Privately-owned enterprises were the most active regarding outbound investment. Among the top 50 M&A cases, 72 percent were conducted by privately-owned companies, with transaction value taking up 53 percent of the total registrants last year, according to the report.
President says China is prepared to promote world economy's recovery
Prior to the Golden Week, shopping tax refund company Global Blue and London Luxury Quarter, which promotes high end retailers, forecast that Chinese shoppers would spend upwards of 50 million pounds on luxury goods in the capital during Golden Week.
Professionals such as lawyers reminded that investing in Canada means doing business with First Nations communities across the land, and doing it within a framework of collaboration, respect and legal compliance with regards to native rights and dues.
Prior to joining Nomura, Lu was the global head of research and chief economist at Chinese brokerage Huatai Securities Co Ltd for two years. Before that, Lu worked at Bank of America Merrill Lynch as head of China economics.
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Prime Music (songs): Adele—“Hello”; Walk the Moon—“Shut up and Dance”; Mark Ronson featuring Bruno Mars—“Uptown Funk”
Problems with the unique anti-stall system in Boeing's newest plane have been linked to two deadly crashes of 737 MAX jets, which killed a total of 346 people. International civil aviation authorities are set to meet on 29 April to discuss the issue involving the aircraft, which have been grounded since the Ethiopian Airlines jet tragedy.
Private services account for 69 percent of the US GDP and were responsible for 128.2 million jobs in June, while goods-producing industries combined accounted for only 20.7 million jobs this June, the researcher said last week.
Projects by funded talents have won 75 awards at the national level, published 10,000 papers, and received 9,000 invention patents, according to the report.