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Canyon Bridge's investment strategy is not to take businesses to China but to make them more competitive there, offering access to the largest market in the world, the investment group said Friday.

Central SOEs in the iron and steel, mining, power generation, construction and military industries saw stronger profitability in H1, while the machinery and transportation industries enjoyed sound profit growth, according to Peng Huagang, a SASAC spokesperson.

Cao and his colleagues first discussed the idea of using titanium in aviation in 1964.

Catherine Mann, global chief economist at Citi, told Xinhua that productivity, appropriate capital investment, and demographics are the key foundations for economic growth going forward, noting "China is very well suited on the education side."

Carrier seeks compensation for losses arising from 737 MAX safety issues