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BERLIN - Volkswagen Group, the world's largest carmaker by sales, has purchased a 49 percent share in German digital specialist diconium as part of a wider digitalization drive, the Wolfsburg-based company announced on Friday.

BEIJING -- China's top economic planner Friday released a new draft rule to simplify administrative procedures and strengthen regulation on outbound investment by Chinese firms.

BEST priced its IPO offering at per American Depositary Receipt (ADR), the lower end of the pricing range of to given by the company, trading under the ticker symbol of BSTI.

BEIJING — China's value-added industrial output expanded at a more rapid pace in the first half (H1) of this year, adding to signs of continued stabilization in the wider economy.

BEIJING -- More than 350,000 companies in China had obtained loans at preferential rates by late March as the country stepped up targeted financial support for businesses hit by COVID-19.