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May, 25, 2016

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China > Business
China sets nuclear safety targets in five-year plan
China has set major targets to improve its nuclear energy security and capacity to control radiation sources in the 13th Five-Year Plan (2016-20). It is the first time this has been included in the national development roadmap, as the nation becomes a leading global nuclear player.
 
Nanjing to cap home price rises
The local government of Nanjing, capital of East China's Jiangsu province, is expected to adopt new policies to rein in the rapid rise in home prices, according to a report by the 21st Century Business Herald.
 
Mainland China looks to rice cookers to pep up economy
The mainland China authorities' latest plan to perk up its slowing economy is based on the humble rice cooker and luxury toilet seats.
 
Beijing show showcases China's SUV love affair
China's love affair with SUVs is helping to cushion the blow of an unexpectedly painful slump in the rest of its crowded auto market.
 
Internet star's first ad auction drew $3.4 million bid
The first advertisement by a top Chinese internet celebrity was put under hammer on Thursday, with a top bidder offering to pay a record high 22 million yuan($3.4 million)for for advertising in one online video clip.
 
Business jets market projected to become multi-billion sector
China will likely see a demand of 2,300 business jets over the next five years, sending the market scale to $103.5 billion, said Minsheng Financial Leasing and Hurun Research Institute in a joint report.
 
Shipping alliance aims to challenge market leader
China COSCO Shipping Corp Ltd and three partners, including France's CMA CGM SA, on Wednesday
 
The country will provide more financing support and other favorable policies to export enterprises to boost foreign trade amid sluggish global demand.
 
The founder of China's internet giant Tencent will donate US$2 billion in shares to charity, the company said -- one of the largest gifts ever given in a country whose new super-rich have no tradition of philanthropy.
 
Chinese electric car maker makes headway in US market by selling buses
The Chinese automaker that sold more electric cars last year than Tesla, Nissan or GM is taking a back road into the American market on a battery-powered bus.
 
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