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TOP NEWS

Key reforms to help unleash growth potential

China’s economy grew 6.7 percent year-on-year in 2016, its slowest growth in 26 years. Yet still within the government’s target range set for the year.

China exceeds urban job creation target

China created 13.14 million new jobs for urban residents last year, exceeding the official target, said an official on Jan 23.

China’s fiscal revenue grows 4.5% in 2016

China’s fiscal revenue grew 4.5 percent year on year in 2016, to 15.96 trillion yuan (around $2.33 trillion), according to the Ministry of Finance on Jan 23.

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INTERNATIONAL EXCHANGES

Beijing, Manila agree on $3.7b in shared projects

Officials representing Beijing and Manila shook hands on joint projects worth $3.7 billion on Jan 23 during a meeting in the Chinese capital.

Bilateral investments bring US and China closer

The United States became the largest recipient of booming Chinese outbound foreign direct investment (FDI) in 2016.

Canada to return smuggled Chinese marine fossils

Two smuggled marine fossils dating back to over 200 million years ago will be returned to China, according to the Chinese Embassy in Canada.

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