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BEIJING -- Chinese Premier Li Keqiang has signed a State Council decree announcing the decision on adjusting several administrative rules and regulations in order to step up the implementation of the Foreign Investment Law.

BEIJING － Billionaire Wang Jianlin is planning a reorganization of Wanda Hotel Development Co, expanding an overhaul of the Chinese tycoon's property-to-entertainment empire.

BOGOTA - Over 7.5 tons of cocaine were intercepted in a joint operation of Colombia and the United States, the Colombian government announced on Wednesday.

BEIJING -- Ren Hua, a former vice chairperson of the government of Xinjiang Uygur autonomous region in Northwest China, has been arrested on suspicion of taking bribes as per a decision made by the Supreme People's Procuratorate, according to an official statement released Wednesday.

BMW Group China President and CEO Jochen Goller explains the carmaker's strategy at the Beijing auto show. [Photo provided to chinadaily.com.cn]