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BEIJING - China will work to uphold and improve its basic socialist economic system and promote the high-quality development of the economy, according to a decision of the Communist Party of China (CPC) Central Committee.

BEIJING - China's mobile payment apps are expanding their reaches in the global market as internet giants such as Alibaba and Tencent seek to promote their e-payment tools overseas.

BEIJING - China's economy is likely to grow by around 5 to 6 percent in the 2020s, remaining at the medium-pace growth section of the L-shape pattern, China Daily reported Friday citing a senior researcher at a government think tank.

BEIJING - China will continue with two credit policy tools to provide financial support to small and micro-sized companies next year, said a State Council meeting.

BEIJING - China's Ministry of Commerce (MOC) said on Thursday that the 7th China-EU High-level Economic and Trade Dialogue will be held in Beijing on June 25.