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BRICS is experiencing a shift in gears after years of robust economic development and needs to develop new economic growth points via in-depth structural adjustment, he said.

BEIJING -- The China Rare Earth Price Index lost 0.39 percent from the previous working day to 1,234.01 points on last Friday.

BEIJING -- Writing in reply to a Lao school's letter addressed to him, President Xi Jinping expressed the hope for the Lao village children to take part in enhancing the traditional friendship between China and Laos.

BEIJING/TOKYO - Ahead of the two-day G20 summit in the Japanese city of Osaka on Friday, the international community is calling for joint efforts by major economies to help maintain global growth as the world is increasingly threatened by protectionism.

BEIJING — China's central bank on Thursday drained 10 billion yuan (.52 billion) from the financial system through open market operations.