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BEIJING - The debt-to-asset ratio at China's central State-owned enterprises (SOEs) continued to head downwards in the first quarter of 2019 as regulators took measures to contain debt in the sector, official data showed Tuesday.

BEIJING - The volume of asset-backed securities (ABS) products in June hit a record for 2019 with debt investment making up a major part, according to the Asset Management Association of China (AMAC).

BEIJING -- China will leverage policy finance tools to help promote integration of agriculture, industry, service and other sectors in rural areas.

BEIJING -- A new genre of Chinese new year gala exclusively featuring China's traditional culture and intangible cultural heritage will be broadcast overseas.

BEIJING - The Asian Infrastructure Investment Bank (AIIB) announced Wednesday that its board of governors has adopted resolutions approving applications from Papua New Guinea and Kenya to join the bank, bringing its total approved membership to 86.