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China's fiscal revenue recorded faster year-on-year growth in June, adding to signs of structural improvement of the world's second-largest economy.

China's first online insurer, ZhongAn Online P&C Insurance, launched its latest mid-range medical insurance product on Wednesday, targeting the fast-growing sector.

China's foreign exchange regulator said it would further free cross-border capital flows and push forward exchange rate reform this year, amid more balanced international payments driven by import expansion.

China's housing market last year began with a red hot start with soaring prices in some major cities, but ended on a cool note after local governments rolled out a string of restrictive measures echoing the central government's call that housing is for living in, not for speculation.

China's direct investment in Africa has reached .1 billion, which is 100 times more than in 2000.