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BEIJING -- Most of the capital goods monitored by the government posted higher prices in late August compared with the previous 10 days, official data showed.

BEIJING -- Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, said Friday that the CPC would neither import foreign models of development nor export the Chinese model.

BEIJING -- The command of armed police will be transferred from the State Council to the Communist Party of China (CPC) Central Committee and Central Military Commission from Jan 1, 2018, said the CPC Central Committee on Wednesday.

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 -- The Chinese central government has allocated 70 million yuan (about .5 million) to facilitate flood relief work in the northwestern province of Gansu, the Ministry of Finance said Friday.