China will increase its financial support on enterprises to invest overseas and widen overseas investment scope. |
McDonald's China announced on Wednesday an expansion plan to set up 175 new outlets and create more than 10,000 jobs this year on the Chinese mainland despite global economic downturn. |
A new venture capital fund, the Beijing Zhongke Fangshan Venture Capital Fund, which targets investments in the capital's suburban areas has been set up on Jan 17. |
Sinopec Corp, China's largest refiner, is in talks to buy the 20 percent stake held by Spanish construction company Sacyr Vallehermoso in oil and gas firm Repsol YPF. |