Industrial output saw sustained growth in May, providing further evidence of economic stability, according to official data issued on Thursday.
China should make great efforts to identify, warn of and handle financial risks as early as possible so that the risks can be "nipped in the bud", said Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission.
The People's Bank of China, the central bank, will issue several policies to facilitate opening-up of the financial sector in Shanghai in line with the plans to transform the city into an international financial center, a top official said on Thursday.
Non-financial outbound direct investment continued to see strong growth in the first five months of 2018, according to data from the Ministry of Commerce.
After the success of Alibaba Group Holding Ltd's Singles Day Festival on Nov 11, which has made its mark in the world's retail calendar, e-commerce platforms in China are now drumming up efforts to create other made-up holidays to ride the consumption boom.
LOS ANGELES - Chinese gaming companies were busy exploring new opportunities at the annual Electronic Entertainment Expo (E3) at the Los Angeles Convention Center in the western US state of California.
Foreign investors are expected to increase their fund allocation in China's A-share market as the new rules for the Qualified Foreign Institutional Investor and the RMB Qualified Foreign Institutional Investor programs will liberalize capital flows and improve forex risk controls.
China is preparing a nationwide green finance development trial model and extending a one-year pilot program in five provinces, to encourage faster and cheaper loans for environment-friendly industries, according to a senior central bank official.
The government has given State-owned banks additional credit quotas for deployment to the nonfinancial sector by the end of this month, pumping more money to ease the funding crunch due to the relatively tight monetary environment, sources familiar with the matter said on Wednesday.
China's first self-developed 160 kilometer-an-hour magnetic levitation train rolled off the production line, as a family of maglev products gradually emerges in the nation.
Technology is a great enabler for police, judging by the recent social media headlines that facial recognition technology led to the arrest of a fugitive at a concert of Cantopop legend Jacky Cheung in Jinhua, Zhejiang province.
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