Bosideng eyes mergers to beat slump
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.