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BEIJING -- China will closely monitor the weather and reservoir conditions as a new round of heavy rainfall is about to arrive, the Minister of Water Resources (MWR) said Monday.

BEIJING - Net profits of the Aluminum Corporation of China Limited (Chalco), China's top aluminum producer, increased sharply in the first quarter.

BEIJING - The responsibility for guarding China's national flag and firing salute cannons will be transferred to the Chinese People's Liberation Army starting Jan 1, 2018, as authorized by the Communist Party of China Central Committee.

BEIJING - The Industrial and Commercial Bank of China, the country's biggest lender, said Tuesday that it has issued over 43 billion yuan (.14 billion) of loans to fight the novel coronavirus outbreak and help companies restore production since Jan 24.

BEIJING - The Chinese currency strengthened against the US dollar Thursday to its highest level since May last year, with the dollar losing its luster as a safe haven investment, while experts believe the yuan will move in both ways in future.