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BEIJING — China's non-financial outbound direct investment (ODI) dropped 48.8 percent year-on-year to .54 billion in the first quarter of this year, official data showed Tuesday.

BEIJING -- Wang Xiaoguang, former vice governor of Southwest China's Guizhou province, is under investigation for suspected disciplinary and law violations, the anti-graft authorities said Sunday.

BEIJING — China's commercial banks will see their bad loan ratio remain generally stable and slightly retreat in the coming quarters, a report released by China Orient Asset Management predicts.

BEIJING — With China being the major force driving world economic growth for another year, the global spotlight is now on the key leadership behind its robust economic performance: the Communist Party of China (CPC) Central Committee with Comrade Xi Jinping at the core.

BEIJING -- The General Office of the Communist Party of China (CPC) Central Committee Sunday published a guideline to promote competent officials, encourage their initiative, and improve their welfare.