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BEIJING - China's new economy will account for an estimated 12 percent of the country's annual GDP this year, according to a research report.

BEIJING - China will further strengthen financial regulation as there are still risks of asset bubbles, a senior central bank official wrote in an article.

BEIJING - Chinese stocks closed lower Thursday, with the benchmark Shanghai Composite Index down 0.57 percent, at 3,363.11 points.

BEIJING - China's housing regulator will launch a national campaign to crack down on malpractice by real estate agents and developers, to standardize the country's property market.

BEIJING - China's central bank on Tuesday injected funds of 50 billion yuan (.31 billion) through open market operations to ease liquidity pressure.