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China's outbound mergers and acquisitions, or M&A, will rebound this year, thanks to more clarity on relevant policies and a stronger yuan, according to a report from global accounting firm PricewaterhouseCoopers or PwC.
China's industrial profits grew 17.2 percent in the first half, rising 0.7 percentage points than that of the Jan-May period, according to the National Bureau of Statistics (NBS). Industrial profits rose 20 percent in June, down 1.1 percent from that of May.
China's foreign exchange reserves rose for the 12th straight month to reach .16 trillion at the end of January, official data showed Wednesday.
China's new four-level tariff policy targets different US products and industries, Liu Shangxi, head of the Chinese Academy of Fiscal Sciences, told China Daily.
China's efforts to reduce the barriers for hukou or household registration will encourage the free flow of people in the nation, and should not be construed as attempts to ease curbs on the real estate sector, the country's top economic regulator said on Monday.
来源：资阳报