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BEIJING - China's coastal bulk freight market has seen a decrease in general demand in the week ending May 29, according to the Shanghai Shipping Exchange (SSE).

BEIJING - China's top observatory said Saturday that Yagi, the 14th typhoon this year, is moving toward China's east coast and will make landfall on Sunday evening.

BEIJING - China's leading position in telecommunication networks is expected to drive new digital business models worth tens of billions of US dollars, said a report by global auditing and consultancy firm Deloitte.

BEIJING - China's annual industrial output exceeded 30 trillion yuan (.4 trillion) for the first time last year, with stable profit growth and foreign investment inflows, a senior official said Tuesday.

BEIJING - China's banking and insurance regulator has given the country's largest lender the go-ahead to set up a wealth management subsidiary.