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As central SOEs took proactive measures to tackle complicated economic situations both at home and abroad by expanding global market channels and adding expenditure on research and development, their net profit jumped 8.6 percent year-on-year to 703.77 billion yuan (2 billion) in the first half of this year, data from the SASAC show.

As a result, the yuan/dollar exchange rate is no longer fixed, but is a floating one. So, it is worth reiterating here: Like in the stock market, where volatility is the norm, the yuan volatility is the norm in the foreign exchange market. There is no need to make a fuss about the yuan breaching 7.0.

As developers look for ways to speed up?costly projects, modular building has become a fashionable option. It allows for structures to be built in the controlled environment of a warehouse, while work to prepare the site happens concurrently, shaving time off the project. Prefabricated units are then delivered to the site where teams can apply the finishing touches.

As a birder and a conservationist, Lu is fascinated by beeeaters. Every year since 2010, from March to July, hundreds of bird-watchers from across China come to see them.

As bike-sharing pioneers, both companies said there was no existing model to copy and they must address challenges as they meet them.