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BEIJING - Chinese people have found the tax expenses on their October pay slips drop drastically after new tax brackets were adopted on Oct 1, according to the State Administration of Taxation (SAT).

BEIJING - Chinese stocks closed lower on Friday, with the benchmark Shanghai Composite Index down 0.08 percent, at 3,005.04 points.

BEIJING - China's food industry remained generally stable in the first half of the year, data by the Ministry of Industry and Information Technology showed.

BEIJING - China will cut the retail prices of gasoline and diesel from Tuesday, the country's top economic planner announced Monday.

BEIJING - China is determined to gain some ground on its key battlefield - addressing industrial overcapacity.