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BEIJING- China's food and catering industry revenue is expected to exceed 3.9 trillion yuan (7 billion) in 2017, up 10.7 percent from the previous year, according to a report released by the China Cuisine Association.

BOGOTA -- A Colombian military helicopter crash has killed nine people and injured six others, Colombia's army said Tuesday.

BEIJING -- Chinese mainland has released new measures for implementing preferential policies for Taiwan compatriots, An Fengshan, spokesperson for the Taiwan Affairs Office of the State Council, said Monday.

BEIJING -- The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China's interbank market, decreased 6.9 basis points to 2.128 percent Monday.

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.