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BEIJING - China's service trade mounted to a new high in the first seven months of this year as the government has made more efforts to further bolster and open up the service sector.

BEIJING - China will encourage private equity funds to participate in mergers and acquisitions (M&As) to drive the healthy development of the country's fund sector, the top securities regulator said Monday.

BEIJING - China's steel sector registered output expansion in September as the country's economic recovery maintains momentum, industrial data showed.

BEIJING - In today's China, a QR code is a must-have for retailing businesses. From grand department stores to food stands on street corners, they are put up everywhere to make things easier: by scanning the codes, people can pay for almost anything.

BEIJING - China's banking regulator said Monday it will bring in new legislation this year to plug regulatory loopholes and step up supervision to guard against financial risks.