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BEIJING - China will continue to take the real economy as the focus of its economic development, unswervingly build up its strength in manufacturing, quality and cyberspace, and build a digital country, according to a communique.

BEIJING - China's top banking watchdog on Thursday gave the Bank of China (BOC) the first approval of issuing perpetual bonds by commercial banks.

BEIJING - China's top legislature on Sunday began reviewing a draft revision to the Administrative Penalty Law, to further improve the legal procedure for administrative penalties.

BEIJING - China's steel output surged in the first half of the year, but higher material costs had weighed upon profit of the sector, according to the China Iron and Steel Industry Association (CISA).

BEIJING - China's non-financial outbound direct investment (ODI) in 143 countries and regions amounted to .21 billion in the Jan-March period, according to the Ministry of Commerce.