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Economic Watch: China's manufacturing activity expands for 4th month

China's manufacturing activity continued to expand for a fourth month in November, providing further evidence of a strengthening Chinese economy, official data showed Thursday.

Market

China gives tax breaks on Shenzhen-Hong Kong stock link

Profits made by individual investors from the link between the Shenzhen and Hong Kong stock exchanges will be temporarily exempted from personal income tax, the finance ministry said Thursday.

Financials

China reiterates healthy development of outbound investment

China reiterated it will stick to its opening up policy and "going out" strategies, facilitating investment abroad while guarding against risks.
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China to simplify VAT rates: official

Vice Finance Minister Shi Yaobin said on Friday that China will simplify VAT rates in the future to ease company tax burdens.
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Company

Chinese steel giant established following key merger

A new steel group, whose annual output will be China's largest and the world's second largest, was established Thursday in Shanghai following the merger of two major steelmakers.

China's BYD unveils SkyRail mass transit solution at Mayors Summit in Mexico

Chinese company BYD on Thursday unveiled its innovative and cost-effective SkyRail mass transit solution at the 2016 C40 Mayors Summit in Mexico City.

China's online video platform iQiyi signs film licensing deal with Lionsgate

Los Angeles based Lionsgate and China's iQiyi announced Tuesday a long-term deal under which the Chinese firm will have exclusive rights to stream select Lionsgate titles on its platform in China.