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BEIJING - The China Banking and Insurance Regulatory Commission (CBIRC), the country's banking regulator, has approved the application of the troubled Baoshang Bank to enter bankruptcy procedures.

BEIJING - Premier Li Keqiang has called for efforts to promote innovation-driven development as a new technological and industrial revolution brings profound changes to the world.

BEIJING - The Chinese securities regulator Friday approved five new IPO applications, which will raise up to 6.7 billion yuan (.04 billion) in the A-share market.

BEIJING - The top legislature of China will convene for its bi-monthly session from April 25 to 27, according to a statement issued after a chairpersons' meeting Tuesday.

BEIJING -- China's pesticide use has dropped in the past three years amid a campaign to ensure zero growth in pesticide use by 2020, an official said Monday.