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By the end of June, the country has issued about 680 new mutual funds this year, raising more than 1.06 trillion yuan (0 billion) in total, market data showed.

By the end of June, the newly-issued special government bonds nationwide had topped 2.23 trillion yuan (about 9 billion), with more than 80 percent of the total flowing into transport infrastructure, municipal and industrial park infrastructure, people's well-being and related service sectors, official data showed.

CHANGCHUN - Volkswagen Passenger Cars brand sold 3 million vehicles in the Chinese market as of Wednesday, breaking an all-time high in a single year, the company said Thursday.

CCCC Tianhe Mechanical Equipment Manufacturing Co plans to export more tunnel boring machines, or TBMs, and provide related services to the ASEAN market over the next 10 years, as it believes that demand for such products will surge as many countries are seeking to create jobs and stimulate trade flows via mega infrastructure and transportation projects, which require tunnels.

CCA Civil Inc, a unit of China Construction America (CCA), is one of several companies that have joined 3TC on the project. The others are Dragados USA Inc, John P. Picone Inc and Halmar International LLC.