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BEIJING -- China's social insurance fund had a surplus of 650.8 billion yuan (about billion) in 2016, the Ministry of Finance said in a final accounts report Tuesday.

BEIJING -- Chinese Defense Minister Chang Wanquan said Friday China is willing to strengthen military cooperation with Myanmar to maintain the stability in border areas.

BEIJING -- The first test event for the Beijing Olympic and Paralympic Winter Games is set to be held in February 2020, the Beijing major projects construction headquarters office confirmed on Thursday.

BOE now has three sixth-generation flexible AMOLED production lines. It started mass production of flexible panels at its facility in Chengdu, Sichuan province, in October 2017.

BEIJING -- Total assets of China Investment Corporation (CIC), the country's sovereign wealth fund (SWF), surpassed 0 billion as of August.The figure is more than triple the original capital of 9 billion when the fund was founded a decade ago. It has grown quickly to become the world's second-largest SWF, only after the Government Pension Fund of Norway, whose assets reached one trillion dollars last month.CIC has generated an annual return of 14.35 percent, with that from overseas investment at 5.51 percent."Compared with other financial institutions, our biggest advantage is that we are backed by the Chinese market," CIC's general manager Tu Guangshao said.By the end of 2016, almost half of CIC's overseas investment was in public equities, followed by alternative assets, fixed incomes, cash and others. Around two-thirds of the investment was externally managed.Tu said CIC's growth in the next 10 years will depend on its efforts to invest in China's economic transformation and push forward the global march."CIC will devote itself to serving as a bridge linking businesses and markets at home and abroad," Tu said.