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BEIJING - In a bid to encourage the development of the country's logistics industry, China will offer favorable tax terms to lower the cost of commodity storage for logistics firms, the Ministry of Finance said in a statement released Tuesday.

BEIJING - China's capital market has long-term investment value and its risks have been understood and mitigated, according to a meeting Thursday by the office of China's financial stability and development committee under the State Council.

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 central bank Friday injected 188.5 billion yuan (.3 billion) into the market via the medium-term lending facility (MLF) to maintain liquidity.

BEIJING - China may see a rapid growth in the number of people aged 80 or above from 2025 to 2050, according to a recent report issued by Peking Union Medical College and Chinese Aging Well Association (CAWA).