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BEIJING - The China Development Bank (CDB), one of the country's policy banks, has stepped up financial support for poverty alleviation resettlement programs as the country aims to achieve its goal of eliminating absolute poverty this year.

BEIJING - Sales revenue by China's 100 largest chain stores rose by a meager 3.5 percent year on year to 2.1 trillion yuan (6 billion), while industry leaders cut operational costs to improve profitability, according to a recent industry report.

BEIJING - The Standing Committee of the National People's Congress (NPC) closed its four-day bimonthly session Friday, adopting legal decisions and a report on the government's final accounts for 2017.

BEIJING - President Xi Jinping met with Ethiopia's Prime Minister Abiy Ahmed Ali on Sunday ahead of the 2018 Beijing Summit of the Forum on China-Africa Cooperation.

BEIJING - The Industrial and Commercial Bank of China (ICBC), China's biggest commercial lender, aims to increase its loans to small and micro-sized businesses by at least 100 billion yuan (.9 billion) this year.