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BEIJING - The total outstanding debt of China's local governments stood at 18.29 trillion yuan (.66 trillion) at the end of November, which is within the official limit, according to the Ministry of Finance.

BEIJING - Premier Li Keqiang met with British Chancellor of the Exchequer Philip Hammond Friday afternoon, pledging to strengthen political trust and cooperate in a number of key areas, such as trade and investment.

BEIJING - More than 91 percent of Chinese university graduates in a recent survey said they need more job hunting support amid the COVID-19 epidemic, China Youth Daily reported earlier this week.

BEIJING -- China will take solid steps in implementing the three-year action plan for SOE reform, and make more efforts to create a level playing field for private firms, the State Council's executive meeting chaired by Premier Li Keqiang decided on Thursday.

BEIJING - The Chinese government will set up an assessment system through which the public and enterprises can rate services provided by the government.