To celebrate this and to demonstrate to the world "China's stability, prosperity and dynamism, " Beijing has declared 1997 Visit China Year.
Some 29 new members of the Forbes Billionaires List hail from China this year.
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FedEx moved its regional shipping hub from the Philippines to Guangzhou, China a year ago.
In short, U.S. businesses expect to invest a little less in China this year.
The Hadid-designed property completed by Soho China last year was Soho Galaxy in Beijing.
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As might be expected, both types of equipment are in strong demand in China this year.
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Tech tracker IDC estimates 2.5 million tablet computers will be sold in China this year.
As a result, roughly 150 local firms went public in China last year, down 45% from 2011.
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High inflation has been a downer for equity markets in Brazil, Russia, India and China this year.
Inflation and tight credit are proving to be the two big economic issues in China this year.
Also on Wednesday, the White House released a statement saying that Obama will visit China this year.
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The World Bank cut its growth forecast for China this year to 7.7% from its May outlook of 8.2%.
More than 60, 000 people were killed in road accidents in China last year.
That's not even a quarter of what we borrow from China every year.
Indeed, China last year saw a total of 80, 000 cases and 17 deaths.
This explains why Gap opened 30 stores in China last year and plans to add 35 more in fiscal 2013.
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Japanese FDI was 7.2 billion to China last year, the biggest Asian recipient of corporate investments from the island nation.
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He anticipates that Consol will send about six million metric tons of this type of coal to China next year.
It should sell 40% of the expected 170 million new phones sold in China this year, more than any other manufacturer.
As Andy said last month, inflation in China this year is a weather phenomenon, with monetary policy playing a supporting role.
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According to Andy, 75 percent of CPI inflation in China this year has come from food, primarily fresh fruit and vegetables.
The firm sold 71, 940 vehicles in China last year, meaning it has now overtaken the UK to become JLR's biggest market.
The rise follows a deal reached with China last year to grant new legal protection for any product labelled as 'Scotch Whisky'.
Chinese authorities collaborating with the collective raided three dozen counterfeiting operations in China last year, seizing more than one million fake clubs.
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Public procurement will account for 14% of the 40 million PCs sold annually in China this year, estimates market research firm IDC.
Director Shane Black shot these scenes and others in China last year.
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Its gasoline-power F3 was the best selling sedan in China last year.
No wonder that China's equity markets, for all their impressive size, financed less than 2% of total investment in China last year.
He told several friends he was planning to leave China next year.
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