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China Railway files application in Shanghai bourse for subsidiary to raise capital
China Duty Free Group, a unit of the mainland's largest tourism conglomerate China National Travel Service Group Corp, is looking to become one of the world's top three duty-free operators, possibly as soon as next year.
China Petroleum and Chemical Corp, the world's biggest refiner, also pledged to double its annual natural gas output by 2020 to reach 40 billion cubic meters.
China and the US held consultations at the vice-ministerial level in Washington DC on Sept 19-20. The two sides discussed the trade issues in a constructive way.
China Shipbuilding Industry Corp, one of the Chinese Navy's biggest contractors, announced debt-to-equity swaps which will see eight investors picking up stakes in two of its unlisted subsidiaries for an estimated 22 billion yuan (.27 billion).
来源：资阳报