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BEIJING - China's central bank on Thursday pledged to make monetary policy more flexible and targeted to achieve a long-term balance between stabilizing growth and preventing risks.

BEIJING - China's southern city of Shenzhen launched its first Europe-bound freight train on Monday, becoming the 29th Chinese city to introduce rail service to Europe.

BEIJING - Chinese authorities are seeking to narrow the urban-rural digital gap with the help of the internet as part of government efforts to fight poverty.

BEIJING - Chinese lenders must strengthen their risk control and improve services for businesses, Guo Shuqing, chairman of China Banking Regulatory Commission, said Friday. Chinese lenders must pay particular attention to credit and liquidity risk, with priority given to improving their main business, Guo said at an industry seminar gathering top commercial bank executives. "Earnest efforts must be given to reducing overcapacity, and effective measures should be taken to lower business financing costs," he said. More support will be given to business participation in Belt and Road Initiative projects and outward investment, he added.

BEIJING - China should continue to upgrade the country's toilets as part of its "toilet revolution" aimed at developing domestic tourism and improving people's life quality, Chinese President Xi Jinping said.