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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 - President Xi Jinping stressed reunion and unity of families in achieving national prosperity and rejuvenation during his Spring Festival speech on Wednesday.

BEIJING - The overall average price of commodities in China shrank by 2 percent in August from the previous month and by 6 percent from the same period last year, according to the China Logistics Information Center.

BEIJING - The Chinese government took concrete measures in 2018 to ensure social welfare for the most disadvantaged people living under the poverty line, according to the Ministry of Civil Affairs. The ministry has earmarked 2.25 billion yuan (5 million) of its welfare lottery fund for 22 most poverty-stricken provincial areas, accounting for 80 percent of the total earmarked amount in 2018, said a statement from the ministry.

BEIJING - President Xi Jinping sent a congratulatory message to the closing ceremony of the China-Switzerland Year of Tourism held on Thursday in Lausanne, Switzerland.