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October, 25, 2016

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China > Business
Major capital flight in Q4 called unlikely
China's cross-border capital flows are expected to stabilize in the fourth quarter, and major capital flight is unlikely, because the country's economic fundamentals are strong, the nation's foreign exchange regulator said on Friday.
China's 2016 GDP will maintain a steady growth of 6.7 percent as economic indicators bounce back, Chinese Academy of Social Sciences (CASS) said in an annual report.
China's 13th Five-Year Plan (2016-2020) presents important new investment opportunities for Chinese and foreign businesses, says a new KPMG report.
Tech savvies' views on China's AI 'fever'
China's artificial intelligence (AI) market is set to boom as both the government and enterprises look to develop the sector.
Internet-based equity financing and investment service provider InnoTREE Co Ltd has launched an artificial intelligence product named Turing to answer equity investment queries for investors.
The global smartphone market has continued its second quarter pickup in the Q3, and Chinese brands in particular have maintained strong growth, according to global market research firm TrendForce.
Tomb-raiding soldiers and imperial courtvillains are leading the latest battlefront for China's internet giants, which are pouring billions of dollars into new digital content to create the nation's answer to Netflix Inc.
Nation gains top spot in iOS app market
China has surpassed the United States to become the world's largest iOS app market in the third quarter, according to a report released on Thursday by App Annie, a US-based mobile analytics company.
China-Russia Internet Media Forum will be held in Tianhe district, Guangzhou, capital of South China's Guangdong province between Oct 28 and Oct 29, 2016.
Steel, coal sectors cutting capacity
China has so far achieved more than 80 percent of its capacity reduction goal for this year in the steel and coal industries, the Ministry of Industry and Information Technology revealed on Thursday.
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