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June, 1, 2016

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China > Business
Dalian's Jinpu New Area attracts major player
Dalian Gona Technology Group Co, a high-end numerical control machine tools manufacturer and a major investor in the Jinpu New Area in Dalian, Liaoning province, is planning to increase its capacity as demand for its products grows.
 
A three-year action plan to improve the country's infrastructure has been formally launched, with a total investment of 4.7 trillion yuan ($723.8 billion), the Shanghai Securities News reported on Thursday.
 
Chinese companies have signed more than a dozen overseas deals worth $110.8 billion so far this year, already surpassing the full-year record of $106.8 in 2015, The Wall Street Journal reported.
 
China International Consumer Goods Fair welcomes you to Ningbo in June
China International Consumer Goods Fair (CICGF), held annually in the famous harbor city of Ningbo, is one of the four largest import and export fairs in China. It has been successfully held for 14 sessions.
 
US-traded Chinese stocks rebound after Monday Blue
US-traded Chinese stocks rebounded on Tuesday from a week-long plunge as rumors of stricter relisting rules at home sent shares down.
 
Bank of China Ltd announced on Monday evening it is actively preparing for China's relaunch of a pilot program on non-performing loan securitization.
 
The head of Baidu Inc has pledged to shift the company's business from a search-oriented model to one based on artificial intelligence, after a recent government probe put a chill on its core search business.
 
Apple's China suppliers hit hard by revenue slump
Apple Inc's major Chinese suppliers saw their revenues hit hard in the first quarter, in the wake of the technology giant's latest quarterly earnings which showed a 13 percent drop in revenue.
 
China announces measures to boost its sagging exports
China's Cabinet has approved measures to boost exports in a move that might inflame tensions with Western trading partners that accuse Beijing of flooding their markets with steel and other goods at improperly low prices.
 
Mainland Chinese producer prices declined at their slowest rate in 16 months in April, official data showed Tuesday, a positive sign for the world's second-largest economy.
 
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