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China's further opening-up promises tremendous business opportunities for foreign companies in the world's second-largest economy, a top executive of a global nutrition player said.

China's fiscal revenue increased at a steady rate of 10.6 percent on an annualized basis during the first half of this year with fiscal spending in key sectors growing at a faster pace and sustaining economic growth, the Ministry of Finance said on Friday.

China's economic growth is shaking off the impact of the COVID-19 pandemic to lead the world, CNBC said at its Q4 Global CFO Council Survey on Wednesday.

China's e-commerce giant Alibaba's affiliate Ant Financial on Wednesday said the company will share a full suite of AI capabilities with asset management companies in China to support their digital transformation.

China's online retail sales posted robust growth in the first quarter of the year, reflecting a changing consumption pattern, official data showed.