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Calling it a "mid-cycle adjustment" to the central bank's monetary policy, Powell said the rate cut is "not the beginning of a long series of rate cuts."

CITIC Telecom CPC is a wholly owned subsidiary of Hong Kong listed CITIC Telecom International Holding. The company was established in 2001, and has 900 employees. In addition to its 140 points of presence, it has 15 cloud-computing platforms and two security operation centers.

CHENGDU - Scientists have discovered a hornet with a wingspan of 9.35 cm in southwest China's Yunnan province, much larger than the previously known record of the species.

CHONGQING - Chongqing Airlines began direct flights between Southwest China's municipality of Chongqing and Hanoi, capital of Vietnam Tuesday.

CSRC said qualified asset managers can launch two types of pension target funds, a target date fund and a target risk fund. The target date fund seeks to grow assets over a specified period of time for a targeted goal. The target risk fund is a type of asset allocation fund that holds a diversified mix of stocks, bonds and other investments to create a desired risk profile.