China’s state-owned companies enjoy record profits

Revenues and profits at China’s state-owned enterprises hit historic highs last year, even as the country’s private firms fought for their survival amid the slowest period for economic growth in a decade.

China, northern Europe deepen partnership on green urbanization

China will further cooperation with northern European countries on developing a green urbanization market in China, aiming to strengthen international coordination and establish green and sustainable development partnerships according to officials from both sides.

Development zones get big push from govt

Over the next three years the central government will invest 10 billion yuan ($1.45 billion) via a special fund to support the development of 200 economic development zones, the People’s Daily Overseas Edition reported.

Xi unveils opening-up measures

President Xi Jinping announced a number of measures on Monday, including lowered tariffs and eased market access, intended to promote common growth and build an open global economy.

Top 10 financial centers in China

Shanghai, Beijing and Shenzhen safely secured their top three spots as financial centers in China, while the country’s major centers saw their competitiveness enhanced, according to the 10th edition of the China Financial Center Index released by the China Development Institute, a think tank based in Shenzhen, Guangdong province.