China's Commerce Ministry spokesman Shen Danyang told reporters on Tuesday that recent fluctuations in the yuan's exchange rate "was more determined by the market and is in normal scope" compared with neighboring countries.
Cisco announced the establishment of its China headquarters in Hangzhou, Zhejiang province, on Tuesday as a part of the company's plan to participate in developing the country's smart-connected industry.
China's Commerce Ministry spokesman Shen Danyang told reporters on Tuesday that the impact of Ukraine's unrest on China will be temporary.
Explaining the government's introduction of the renminbi into statistics of the country's trade and investment, China's Commerce Ministry spokesman Shen Danyang told reporters on Tuesday that the move was in line with international practices and driven by market forces.
China's Commerce Ministry spokesman Shen Danyang told reporters on Tuesday that the China-United States bilateral investment treaty, once established, will provide Chinese investment in the US with respect under international law.
China's Commerce Ministry spokesman Shen Danyang said on Tuesday that China's outward direct investment in the first two months of this year declined 37.2 percent from the same period last year.
Citibank's Dalian branch will better serve its customers and contribute to the development of the local financial market and Northeast China's economic growth, a senior executive of Citi China said on Tuesday at the Citi Dalian branch relocation opening ceremony.
From January to February, Japan's direct investment in China dropped 43.63 percent to $716 million compared to the same period last year, the Ministry of Commerce said on March 18.
The People's Bank of China's third adjustment of the yuan's daily trading range is in line with the direction of China's market reform, according to an article by China Business News.
A wholly owned subsidiary of Sinopec Group, Sinopec EasyJoy Sales Co, was set up on Monday in Beijing to focus on non-oil retailing businesses and auto services.
The planned entry of Starbucks to Guiyang, Guizhou province, in May has stirred the local coffee market.
The Beijing municipal government announced its 2014 budget for its 98 bureaus and administrations on Monday, allocating more than 130 billion yuan ($21 billion).
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