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BEIJING - Chinese President Xi Jinping has appointed eight new ambassadors in accordance with a decision by the Standing Committee of the National People's Congress, according to a statement from the national legislature on Thursday.

BEIJING - China's central bank on Wednesday laid out the rules for foreign-invested payment firms over market access and supervision, in a bid to open up its payment service market and encourage competition.

BEIJING - China's economic activity held largely stable in April, with strong momentum in the industrial sector buffering impacts from slowing retail sales and fixed asset investment, data showed Tuesday.

BEIJING - China met its annual targets on increasing railway investment in 2017 as the authorities continued to promote railway construction.

BEIJING - China's Ministry of Public Security (MPS) has issued a class-A arrest warrant for two fugitives involved in financial fraud.