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China's asset management segment is set to expand fivefold to trillion by 2030, beating growth in other markets and benefitting local money managers, according to a report last week by Casey Quirk, a global consultancy services provider on asset management from the Deloitte stable.
China's biggest oil and gas producer, China National Petroleum Corp, said earlier it would import more crude oil and natural gas from the US, while also considering involvement in the country's growing liquefied natural gas export industry.

China's State-owned enterprises saw a 23.1 percent increase in profits year-on-year from January to July, the Ministry of Finance said in a statement on Thursday.
China's 5G smartphone shipments are estimated to reach 140 million units in 2020, news outlet Yicai reported on Monday, citing estimate from an analyst at market research company Counterpoint Research.
China's State Administration of Traditional Chinese Medicine and the National Development and Reform Commission late last year set a target to build 10 TCM health tourism model zones offering medical treatment, wellness, recuperation, and elder care by 2020.
来源:资阳报