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Business
Market Watch NO. 4, 2016
 NO. 4 JANUARY 28, 2016

2,678 

The number of cases in China's mergers and acquisitions market in 2015, with a total value of $168.03 billion, according to Zero2IPO Group

823.8 bln yuan 

Investment in China's railway sector in 2015, slightly higher than in 2014 but well above the annual target of 800 billion yuan, according to China Railway, the country's national railway operator

300 bln yuan 

Tax cuts in 2015 to boost mass entrepreneurship and innovation, according to China's State Administration of Taxation

40,000 

Export orders clinched in 2015 by China National Heavy Duty Truck Group Co. Ltd., the country's largest heavy-duty truck maker, a year-on-year growth of 16.6 percent

11% 

GDP growth of southwest China's Chongqing Municipality in 2015, outpacing the national 6.9-percent level and leading any other provincial-level region in the country

23.8% 

Projected growth of full-year revenue in 2015 of China's telecommunications giant ZTE Corp., which for the first time surpassed the 100-billion-yuan mark to reach 100.8 billion yuan

$3.3 bln 

The amount of money raised by China's e-commerce platform Meituan & Dazhongdianping in its first round of financing, which is the world's largest online-to-offline fundraising campaign, said the company on January 19

961 mln yuan 

2015's net profit of Baosteel Group, China's largest listed steel maker, down 83.4 percent from one year earlier

Copyedited by Mara Lee Durrell

Comments to yushujun@bjreview.com

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