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BEIJING -- China is expected to cut the burden of electricity costs by around 64.1 billion yuan (about .2 billion) for industrial and commercial businesses this year, according to the State Grid Corporation of China.

BEIJING - The People's Bank of China (PBOC), China's central bank, on Thursday injected 30 billion yuan (.35 billion) into the financial system through open market operations.

BEIJING - The Communist Party of China (CPC) will generate waves of positive energy which can build into a mighty and nationwide force driving China's development and progress, said Xi Jinping, general secretary of the CPC Central Committee on Wednesday.

BEIJING - Profits of China's major industrial firms continued to fall in the first four months of 2020, but the decline was seen to narrow amid efforts to coordinate COVID-19 containment and economic growth, official data showed Wednesday.

BEIJING -- China's 10-year treasury bond futures opened mixed on Wednesday, with the contract for settlement in September 2020 opening 0.01 percent lower at 99.51 yuan (.22).