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China's oil giant Sinopec Group announced Tuesday that its net profit is expected to reach 27.09 billion yuan (.98 billion) in the first half of the year, surging by 50 percent, as crude oil price in the global market increased in the period.
China's ongoing consumption upgrade has made it imperative for companies to improve the quality of their products and services, said participants at a recent global conference.

China's famed "bike wars" may soon be fought on foreign shores, as Bluegogo and Mobike compete with fellow stand-free cycle hire company ofo in the British market.
China's fiscal spending expanded 8.7 percent year-on-year to around 19.06 trillion yuan during the January-October period, the MOF data showed.
China's efforts to balance improving exchange rate flexibility and maintaining exchange rate stability have effectively avoided the negative spillovers from the disorderly adjustment of the RMB exchange rate and the competitive devaluation of major currencies, benefiting the international community, including the United States, the MOC added.
来源:资阳报