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BEIJING - Total assets of foreign banks and insurers in China had exceeded 5 trillion yuan (about 2.2 billion) amid the expansion of a two-way opening-up of the banking and insurance sector, the country's top banking regulator said on Monday.

BEIJING - The market size of cloud computing in China reached 96.28 billion yuan (.97 billion) in 2018, up 39.2 percent from 2017, said a recently-released white paper on cloud computing development.

BEIJING - China unveiled reform plans Saturday to improve the financial sector's capabilities to serve the real economy while guarding against systemic risks.

BEIJING - There was limited room for China's yuan to continue to weaken, as its depreciation was mainly a result of short-lived factors whose impacts are likely to diminish over time, the China Securities Journal reported.

BEIJING -- China's newly added social financing, a measurement of funds the real economy receives from the financial system, came in at 20.83 trillion yuan (about trillion) in the first half of this year, up 6.22 trillion yuan year-on-year, central bank data showed Friday.