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BEIJING - China will keep the yuan's exchange rate basically stable at a reasonable and balanced level, and hopes the United States can refrain from politicizing the currency issue, a Chinese Foreign Ministry spokesperson said Thursday.

BEIJING - China's cultural industry saw rapid revenue growth in the first quarter of 2017 driven partly by booming cultural services, official data showed Friday.

BEIJING - China's economy is likely to grow by around 5 to 6 percent in the 2020s, remaining at the medium-pace growth section of the L-shape pattern, China Daily reported Friday citing a senior researcher at a government think tank.

BEIJING - China's once-sizzling property market is cooling as home prices faltered in big cities, including Beijing, in May on the back of tightened policy controls.

BEIJING - China's consumer price index (CPI), a main gauge of inflation, is expected to grow 1.8 percent in 2018, according to the country's top economic planner.