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BEIJING - Despite its economic achievements, China remains the world's largest developing country, according to an economist.

BEIJING - China's top political advisor Wang Yang on Tuesday noted that China's reform and opening-up is a significant driving force for the peaceful development of cross-Straits relations.

BEIJING - China's central bank suspended open market operations on Friday as liquidity remained ample following the reserve requirement ratio (RRR) cut for some commercial banks.

BEIJING - China's A-share market has seen a stellar performance in the past few weeks, thanks partly to the bullish sentiment among overseas investors.

BEIJING - Chinese banks held 254.3 trillion yuan ( trillion) in assets as of the end of July, according to data released Monday by the China Banking and Insurance Regulatory Commission.