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China will double the number of its existing business aircraft in the next decade, and will become the world's third-largest business aviation market only behind the United States and the Europe, according to market observers attending the 2018 ABACE air fair in Shanghai.

China will set up a committee under the State Council to oversee financial stability and development and the central bank will play a stronger role in macro prudential management and guarding against systemic risks, according to Xi.

China's burgeoning fan industry is set to soar and become a billion-dollar business. Christine Low reports.

China's auto market stepped up recovery in May, with both production and sales showing double-digit growths, as per industry data Thursday.

China's biggest online travel agency, Ctrip.com International Ltd (Ctrip), announced that its net revenue surged 45 percent year-on-year to 6.4 billion yuan (6 million) in the second quarter (Q2) ended June 30.