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BEIJING - China's listed iron and steel producers have posted strong profits for 2017 as the country's production capacity cuts reduced outdated supply and led to rising steel prices.

BEIJING - China's online retail sales reached 3.86 trillion yuan (2 billion) in the first five months, accounting for over one-fifth of the country's total retail sales of consumer goods, industrial data showed.

BEIJING - China's Ministry of Water Resources on Tuesday warned that severe floods are expected to hit the country's major rivers this summer and called on local authorities to prepare for the floods.

BEIJING - China's imports from "Belt and Road" countries increased faster that of exports for the first time in 2017, according to a think tank report.

BEIJING - China's ongoing supply-side structural reform is creating positive effects for economic growth, said a senior official on Tuesday.