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BEIJING - Some 21.6 million companies were registered in the past five years in China, thanks to the government's push for entrepreneurship and innovation to bolster growth.
BEIJING - The Chinese currency strengthened against the US dollar Friday to its highest level since October last year as the dollar struggles following weak US manufacturing data. The central parity rate of the Chinese currency, the renminbi or the yuan, strengthened 79 basis points to 6.7132 against the US dollar Friday, according to the China Foreign Exchange Trade System. Weighed by largely uninspiring US economic data, which have added to uncertainty about the pace of future Federal Reserve policy tightening and political instability in the US, the dollar has been on the back foot throughout the week. Data from the US Institute of Supply Management (ISM) showed overnight that its manufacturing index fell more than expected, adding a fresh dose of both factors. The market is awaiting the closely watched US non-farm jobs report later in the session for potential relief.
BEIJING -- China has unveiled a guideline to meet the goal of removing all expressway toll booths at provincial borders by the end of this year.
BEIJING -- A Chinese couple suspected of illegally collecting public deposits has been extradited from Nepal, the Ministry of Public Security announced Thursday.
BEIJING -- China has released its first list of marketed medicine, with 131 types of medicine in 203 specifications, according to the China Food and Drug Administration (CFDA).