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BEIJING - China will set up funds totaling 50 billion yuan (.6 billion) to invest in Belt and Road (B&R) projects in southern China's Guangxi Zhuang Autonomous Region and ASEAN countries.

BEIJING - Greenland Holdings Corp Ltd, a major property developer in China, said its net profits for the first quarter of this year rose 26 percent year-on-year to 4.4 billion yuan (7 million).

BEIJING - China's top legislature on Tuesday heard a draft on extending a corruption supervision pilot program to cover the entire nation.

BEIJING - China's central bank injected 20 billion yuan (.03 billion) into the banking system through seven-day reverse repos at an interest rate of 2.2 percent on Tuesday.

BEIJING - China's listed centrally administered State-owned enterprises (SOEs) posted strong profits for 2017 as the country's mixed-ownership reform has enhanced their competitiveness and improved financial performance.