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BEIJING - China's central bank drained 70 billion yuan ( billion) from the financial system through open market operations Thursday, with the volume of maturing securities exceeding new injections.

BEIJING - China has seen a surge of large high-tech manufacturing companies and a spike in research and development (R&D) expenditure from 2013 to 2018, the fourth national economic census showed Wednesday.

BEIJING - Jiangsu, Guangdong and Zhejiang were the top three regions in terms of aggregate financing to the real economy in the first quarter, the central bank said Monday.

BEIJING - Foreign capital has continued to flow into China's A-share stock market, data from the Wind Economic Database showed.

BEIJING - Chinese State Councilor Wang Yong has called for concrete and effective flood control and relief work to ensure the safety of people's lives as well as major embankments and other infrastructure.