China's $300 billion sovereign wealth fund, made an unaudited return of more than $10 billion last year on its foreign investments, the China Business News said on Monday.
China's highway mileage will surpass the United States in three years following completion of the ongoing construction boom, said Li Shenglin, Minister of Transport, on Sunday.
The total investment injected into social undertakings by the central government since the fourth quarter of 2008 amounted to 55.58 billion yuan ($8.14 billion), supporting approximately 50,000 projects.
China's statistics chief said Friday that there were problems with the method and system in calculating property prices and he promised new measures to correcting them.
L'Oreal SA, the world's largest cosmetics maker, reported 17.7 percent growth in full-year sales to 8.18 billion yuan in China, a double-digit gain for the ninth consecutive year in the nation
Global foreign direct investment (FDI) flows are expected to stage a modest recovery this year, with mergers and acquisitions the major cause of the increase in global FDI in the following two or three years, said a top official of a UN agency.
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