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BEIJING - China's economic growth held steady in the first five months as key service indicators rose rapidly, suggesting that structural upgrades have cushioned long-term downward pressures.

BEIJING - China's central bank on Wednesday skipped the open market operations of reverse repos.

BEIJING - IOC announced on Monday that China's Hengyuanxiang Group will supply IOC members and administrators with official uniforms for the 2020 Tokyo Olympic Games and the 2022 Beijing Olympic Winter Games.

BEIJING - China's fixed-asset investment (FAI) remained basically stable in the first eight months of the year thanks to robust investment in infrastructure. In January-August, FAI grew 7.8 percent year on year to 39.42 trillion yuan ( trillion), the National Bureau of Statistics (NBS) said Thursday. The pace was slower than the 8.3 percent increase in the first seven months and failed to meet market estimates of 8.2 percent. "Despite the mild retreat, the investment structure continued to improve," NBS spokesperson Liu Aihua said at a press conference, citing more capital pumped into high-tech industries, infrastructure and weak economic areas. Infrastructure investment, which accounts for more than 20 percent of total FAI, jumped 19.8 percent, driven by investment in public facility management and road transport. High-tech manufacturing saw investment up by 19.5 percent. The NBS calculation does not include investment made by farmers. It includes projects with planned investment of more than 5 million yuan and all property development.

BEIJING - Chinese State Councilor and Foreign Minister Wang Yi will attend the sixth summit of the Greater Mekong Subregion (GMS) Economic Cooperation, and pay an official visit to Vietnam from Friday to Monday at the invitation of the Vietnamese government, a Foreign Ministry spokesperson said Thursday.