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BEIJING — Chinese lawmakers on Wednesday called for more efforts to protect the environment and advance supply-side structural reform at the ongoing bi-monthly session of the National People's Congress (NPC) Standing Committee.
BEIJING -- Total assets of China Investment Corporation (CIC), the country's sovereign wealth fund (SWF), surpassed 0 billion as of August.The figure is more than triple the original capital of 9 billion when the fund was founded a decade ago. It has grown quickly to become the world's second-largest SWF, only after the Government Pension Fund of Norway, whose assets reached one trillion dollars last month.CIC has generated an annual return of 14.35 percent, with that from overseas investment at 5.51 percent."Compared with other financial institutions, our biggest advantage is that we are backed by the Chinese market," CIC's general manager Tu Guangshao said.By the end of 2016, almost half of CIC's overseas investment was in public equities, followed by alternative assets, fixed incomes, cash and others. Around two-thirds of the investment was externally managed.Tu said CIC's growth in the next 10 years will depend on its efforts to invest in China's economic transformation and push forward the global march."CIC will devote itself to serving as a bridge linking businesses and markets at home and abroad," Tu said.
BEIJING -- In addition to the existing visa-free policy covering tourists from 59 countries, greater efforts will be made to ease visa policies for foreigners travelling to and working in South China's island province of Hainan, the Ministry of Public Security announced Wednesday.
BEIJING -- Drones have been widely used for search and rescue when disasters strike, such as earthquakes, landslides and shipwrecks. Chinese researchers have developed a brain-controlled rescue drone that enables the unmanned aircraft to have precise and reliable identification in sandstorms, haze and other low-visibility weather.
BEIJING — China's fixed-asset investment (FAI) eased in the first half of this year as the economy continues to firm up, data released Monday showed.
来源：资阳报