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BRICS countries have created a new paradigm for mutual benefit among emerging and developing countries since the mechanism was established in 2006.

BEIJING -- Chinese authorities have said they will accelerate the settlement of non-performing loans (NPLs) in the second half of the year, while analysts are calling for attention to small and medium-sized housing companies and companies dependent on foreign demand.

BEIJING -- China's top banking regulator on Saturday issued rules to tighten management over entrusted loans, a form of business-to-business lending that involves commercial lenders as intermediaries.

BRICS commerce ministers reached agreements at a meeting in Shanghai this month to boost trade, investment, e-commerce and cooperation in intellectual property rights.

BEIJING -- Premier Li Keqiang on Tuesday called for more effort to solve the financing difficulties facing China's small and micro businesses.