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BEIJING -- Domestic bank card payment giant China UnionPay has received the green light from the country's central bank to conduct bank card clearing businesses.

BEIJING -- Yuan Renguo, former chairman of Kweichow Moutai Group, has been formally arrested for taking bribes, according to the Supreme People's Procuratorate (SPP) Thursday.

BEIJING -- Yang Chun, a former deputy head of a district-level public security bureau, was posthumously awarded the title "role model of the times" on Friday.

BEIJING — China is expected to improve stock market supervision with stricter measures, better information disclosure and strengthened investor protection, said a draft amendment of the Securities Law read by lawmakers on Monday.

BEIJING -- China's railways have recorded a travel rush on Friday, the first day of the three-day Mid-Autumn Festival holiday, as many people go home to be with their families or visit tourist attractions.