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Xinhua Insight: China economy 2016 in ten key phrases

Despite challenges including anemic world growth and volatile global financial markets, China pressed ahead with key reforms in 2016, had steady growth and improved its global influence. The following ten phrases recap the economic year.

Trade

China lifts 13-year import ban on Japanese carp

China has resumed imports of Japanese koi, removing a ban imposed amid viral disease outbreaks at Japanese fishing farms in 2003, authorities in Shanghai said Tuesday.

Industries

Huawei 2016 sales revenue to rise 32 pct

Huawei's rotating CEO Eric Xu said that the company estimates sales revenue will stand at 520 billion yuan (about 75 billion U.S. dollars) in his new year speech.
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China's high-speed rail on fast track in technology innovation and application

With leading technology innovation and application, high-speed rail has become a symbol of Made-in-China and going-global products, said a white paper released by the State Council Information Office on Thursday.
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In-depth

China's industrial profit growth accelerates to 14.5 pct in November

Profits of China's major industrial firms increased 14.5 percent year on year in November, up from 9.8 percent registered in October, official data showed Tuesday.

China: growth engine, stabilizer of world economy

Although China cannot solely lift the world economy out its current malaise, the nation's current stable growth offers more than just confidence to the world.

Yearender-Economic Watch: A strong start for China's latest five-year plan

China's 13th Five-Year Plan (2016-2020) period has had a strong start and is poised to fulfill all key targets set by the central government for economic development.