The annual government work report, delivered by Premier Li Keqiang at the opening meeting of the annual session of the National People's Congress (NPC), China's top legislature, set the GDP growth target at around 6.5 percent, or higher if possible.According to the report, the government must keep i...

A clerk counts 100 yuan banknotes at a branch of China Construction Bank in Nantong, East China's Jiangsu province, Sep 21, 2016. [Photo/VCG]Since the beginning of 2017, the State Administration of Foreign Exchange has strengthened the regulations on individuals' purchase of foreign currency. Accord...

At an executive meeting on Wednesday, the State Council, China's Cabinet, approved a policy to regulate regional equity markets.The new regulation makes clear the regional equity markets are to act as financing channels for local small businesses.The new policy aims to enhance regulations for the re...

Under the theme of "Toward an Innovative, Invigorated, Interconnected and Inclusive World Economy," this year's G20 Summit was held on Sept 4-5 in the eastern Chinese city of Hangzhou.China has demonstrated unswerving commitment to globalization, more specifically to defending free trade and cross-b...

The report also forecasts that private consumption should rise by a healthy 5.5 percent year-on-year from now until 2030, which is a bigger increase than forecast GDP growth over this time period. But perhaps most significant of all is the report's prediction of consumption changes across the Chines...