The bulk of announced overseas investment, 74%, was in battery factories, the report said. But it noted investment in assembly plants abroad was also “growing rapidly.”

The U.S. has denied China's claim its forces drove the USS Higgins from the disputed Scarborough Shoal in the South China Sea.

The Chinese government is set to launch a sweeping overhaul of its petrochemicals and oil refining sector, phasing out smaller facilities and targeting outdated operations for upgrades, while redirecting investment to advanced materials.

China's fuel oil imports rose further in July, hitting their highest in seven months, customs data showed on Wednesday.

China has invested heavily in robotics. The country is a leader in industrial robots per capita and has just hosted the first "World Humanoid Robot Games" in Beijing.

Accused for years of copying the technologies of other countries, China now dominates the renewable energy landscape not just in terms of patent filings and research papers, but in what analysts say are major contributions that will help to move the world away from fossil fuels.

Secondary trades of private equity assets in China are poised to accelerate after a robust first half, with Canada's No.2 pension manager and a China-focused buyout fund among those looking to divest such assets worth potentially billions of dollars,

The Chinese jewellery brand dubbed ‘the Hermès of gold’ has gained traction with middle- and upper-class shoppers seeking homegrown luxury