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BEIJING - Shanghai Pudong Development (SPD) Bank said its net profit for 2017 rose 2.15 percent year-on-year to 54.24 billion yuan (.3 billion).

BEIJING - Wang Xiaolin, former deputy director of the National Energy Administration (NEA), has been expelled from the Communist Party of China (CPC) and public office for multiple offences, including taking bribes, the CPC anti-graft body announced Thursday.

BEIJING - The credit metrics of a majority of Chinese property developers will continue to improve over the next 12-18 months, according to a report from global ratings agency Moody's.

BEIJING -- China's fiscal revenue plummeted in the first 10 months of this year, down 5.5 percent year-on-year to around 15.85 trillion yuan (.42 trillion), official data showed Wednesday.

BEIJING -- Beijing Public Transport Corporation will open eight new bus routes on Nov 15, including seven non-stop routes, to offer more convenience to residents.