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BEIJING - China has allocated a special fund of 10 billion yuan (.4 billion) to develop inclusive finance this year, the Ministry of Finance (MOF) said Monday.

Authorities will offer subsidies for jobless middle-school graduates under 20 if they take part in skills training.

BEIJING - Beijing has 4,064 enterprise headquarters in the city, the Beijing Municipal Commission of Commerce said.

BEIJING - About 621 million people used mobile payments in China as of June, up 37.88 million compared with 2018, according to a report from the China Internet Network Information Center (CNNIC).

Authorities have stepped up reform in the transport sector this year to reduce the logistics burden of companies. Rail freight charges were canceled or lowered, while more means of financing were made available to companies in the logistics sector.