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BEIJING - Chinese State Councilor and Foreign Minister Wang Yi met with Nepali Minister of Foreign Affairs Pradeep Kumar Gyawali Wednesday in Beijing, vowing to strengthen interconnectivity between the two countries.

BEIJING - China's central bank drained liquidity from the financial system Wednesday, with more reverse repos maturing than conducted.

BEIJING - China's banking regulator has released guidelines to prompt large and medium-sized banks to set up inclusive finance divisions, a move to increase loans for money-starved small firms, agriculture and poverty relief. Large lenders are required to complete the establishment by the end of the year and begin operation as soon as possible, according to the website of the China Banking Regulatory Commission. Special credit policies should be made and mechanisms should be put in place for statistical accounting and risk management.

BEIJING - China's political and legal authorities have pledged to step up efforts to fight gangs and organized crime to make society feel more secure.

BEIJING - China's central bank skipped open market operations on Friday, citing abundant liquidity in the banking system.