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China's Cabinet stresses need to address increasing demand for senior care as nation ages

China's big industrial firms are expected to see stable profit growth in coming months, after a double-digit year-on-year increase in cumulative profit from January to May laid a solid foundation for the year.

China will unswervingly encourage, support and guide the development of the nonpublic sector and support private enterprises to develop toward a broader stage, according to a statement issued after the symposium.

China will see significant growth potential in the consumption of organic milk, yogurt and cheese products, fueled by increasing demand for premium products from quality-conscious consumers. [Photo/IC]

China's EV market is burgeoning as the country works to tackle its pollution problems. This has led to the Beijing government offering incentives to encourage investment in and development of zero-emission EVs.