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BEIJING - China invested about 4.3 billion yuan (6 million) in boosting cultural progress and tourism development in impoverished rural areas during the 13th Five-Year Plan period (2016-2020), an official with the Ministry of Culture and Tourism said Wednesday.

BEIJING - It has now come to the crucial juncture of safeguarding the bottom-line of "one country, two systems" principle and maintaining Hong Kong's prosperity and stability, said a spokesperson for the Hong Kong and Macao Affairs Office of the State Council on Tuesday.

BEIJING - Chinese cryptocurrency wallet imToken has raised million in a Series A funding round from IDG Capital, the company announced Thursday.

BEIJING - Chinese President Xi Jinping congratulated Miguel Diaz-Canel on his election as the new Cuban president in a message on Thursday.

BEIJING - Chinese lenders must strengthen their risk control and improve services for businesses, Guo Shuqing, chairman of China Banking Regulatory Commission, said Friday. Chinese lenders must pay particular attention to credit and liquidity risk, with priority given to improving their main business, Guo said at an industry seminar gathering top commercial bank executives. "Earnest efforts must be given to reducing overcapacity, and effective measures should be taken to lower business financing costs," he said. More support will be given to business participation in Belt and Road Initiative projects and outward investment, he added.