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BEIJING - State Council has approved the restructuring of China Railway Corporation and renamed it the China State Railway Group Co Ltd in an effort to make the company more market-oriented.

BEIJING -- China's producer price index (PPI), which measures costs for goods at the factory gate, rose 0.1 percent year-on-year in January, the National Bureau of Statistics (NBS) said Monday.

BEIJING -- China will not impose additional tariffs on its imports originated from the United States and eligible for new tariff exemption policies relating to the prevention and control of the novel coronavirus outbreak, the Customs Tariff Commission of the State Council said Saturday.

BEIJING - Once a major worry for policymakers, China's private sector is gradually regaining momentum after a gloomy 2016, as businesses become more optimistic on the country's economic outlook.

BEIJING -- China is expected to cut the burden of electricity costs by around 64.1 billion yuan (about .2 billion) for industrial and commercial businesses this year, according to the State Grid Corporation of China.