China's centrally administered state-owned enterprises (SOEs) performed well in the first four months of 2017, with their profits and operating income both posting brisk increases.
By 2020, the scale of China's satellite navigation business will surpass 400 billion yuan (58 billion U.S. dollars), said an official at an academic conference on Wednesday.
A senior Chinese official Wednesday defended the "Made in China 2025" plan and reassured foreign firms that the plan will treat all companies equally.
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TEDA: Enabling funding for China
Cities, governments and industrial parks the world over are rushing to create tech industry hubs.
Robin Li passed Wang Jianlin as the richest man in China today by just $64 million, according to the Bloomberg Billionaire Index.
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