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The Chinese futures market is on a fast-track of growth in 2012 as disappointed investors from stock bourses are eyeing the "future" to hold up the value of their investment, new figures have indicated. The combined turnover of futures trading in the world's largest economy totalled 151.98 trillion yuan ($24.17 trillion) in the first 11 months of 2012, up 19.69 percent from the previous year, according to data released on Sunday by the China Futures Association.
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  • By Wu Xiaobo In Beijing And Shi Xiaofeng In Hangzhou(China Daily)2017-03-28 07:04

    A woman holds her pet while choosing goods at a show in Zhengzhou, Henan province. [Photo/China Daily]The domestic pet food market is expected to grow at an annual rate of more than 30 percent to reach 150 billion yuan ($21.84 billion) by 2020, making it the world's third-largest.The expectations fo...

  • (Xinhua)2017-03-27 09:16

     Lam Cheng Yuet-ngor meets the press after winning the election in Hong Kong, south China, March 26, 2017. Lam Cheng Yuet-ngor on Sunday won the election of the fifth-term chief executive of China's Hong Kong Special Administrative Region (SAR). [Xinhua/Qin Qing] Lam Cheng Yuet-ngor was elected fi...

  • (China Daily)2017-03-27 08:11

    The booth of Giant at the 25th China International Bicycles Expo in Shanghai. [Photo/Xinhua]In the cold early spring of Northeast China, Wang Chao, a bicycle retailer, clothed in no more than a single-layer blue garment, was sweating profusely, busy assembling new bikes and serving customers. No tim...

  • By Xinhua(China Daily)2017-03-27 07:50

    Businessman-turned-politician backs Trump to build relationship DENVER - Beneath the gold-domed state capitol, Colorado Democratic Governor John Hickenlooper gave Republican President Donald Trump an American business salute, saying improved China-United States relations would benefit both countries...

  • (China Daily)2017-03-27 07:00

    Ford Motor just fl ashed a warning to investors that it's hard to keep profits rolling in a slowing market while also trying to reinvent your company for an autonomous age. Profit may fall by half in the first quarter, a bigger drop than analysts predicted, as Ford ratchets back production and spend...

  • (China Daily)2017-03-27 06:46

    NEW YORK - Janet Yellen's soothing words on the pace of US interest rate hikes were a day late for hedge funds losing faith in the metal. Money managers cut their bullish bets on bullion by the most since 2015 in the week ended March 14. The next day, Federal Reserve Chair Yellen reiterated that mon...

  • (China Daily)2017-03-25 06:49

    "A community of shared future for all humankind", a Chinese concept that has won recognition of the United Nations, can be a guide for the world in the 21st century. The concept of building "a community of shared future for all humankind" was incorporated into a UN Security Council resolution on Ma...

  • By Dai Tian In Boao, Hainan(China Daily)2017-03-25 06:49

    Li Ruogu (right), former chairman of the Export-Import Bank of China, shakes hands with Ryozo Himino, vice-minister for international affairs of the Financial Services Agency of Japan, after a seminar of the Boao Forum for Asia, March 24, 2017. [Photo/China Daily]Speakers at the Boao Forum for Asia ...

  • (Xinhua)2017-03-24 10:39

    SYDNEY - The economic partnership between China and Australia is one which is often described by experts and leaders alike as a "win-win," not only because of the mutually beneficial economic outcomes, but also the positive social and cultural outcomes it creates for the two nations. In recent times...

  • By Chow Pak-chin(China Daily)2017-03-24 09:28

    Chow Pak-chin laments the closed-mindedness many people in the city show, and warns against sinking to tourist-trap status, as happened to Yangzhou and Venice If quizzed on a detailed account of the annual report Premier Li Keqiang made to the National People's Congress in Beijing this month, many H...

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