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BEIJING - The central parity rate of the Chinese currency renminbi, or the yuan, strengthened for a fourth consecutive day to 6.9438 against the US dollar Thursday, the strongest in almost five months, according to the China Foreign Exchange Trade System.

BEIJING -- China's marine economy saw steady progress with the gross ocean product rising 6.8 percent year on year to near 6 trillion yuan (4.6 billion) in the first three quarters, data showed Monday.

BEIJING - Mobile payment has become more popular in China's rural areas as internet technology has made transactions faster and more convenient in remote places where banks and ATMs are not easily accessible.

BEIJING - With China's Belt and Road Initiative gaining more recognition globally, Western banks are rushing in for a piece of the pie in this once in a generation opportunity.

BEIJING -- China's cabinet has appointed a veteran journalist to head the state broadcaster -- China Central Television (CCTV).