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BEIJING, Sept 6 — China's central bank announced Friday to cut the reserve requirement ratio for financial institutions by 50 basis points from Sept 16 in the latest effort to bolster the economy.

BEIJING — China cut administrative fees on businesses by more than 420 billion yuan (.38 billion) during the past years to relieve their burden and stimulate the market.

BEIJING — Foreign institutions have stayed bullish on Chinese shares included in the MSCI since the global equity index provider announced the inclusion of a number of Shanghai and Shenzhen listed stocks in one of its most traded indexes a month ago.

BEIJING — The China Securities Regulatory Commission (CSRC) has approved IPO applications from 10 companies.

BEIJING -- Chinese President Xi Jinping held a phone conversation with German Chancellor Angela Merkel on Saturday, saying China and Germany should set an example of win-win cooperation.