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BEIJING - One hundred individuals from the non-public sector of the economy or belonging to new social groups were awarded the title of "outstanding builders of socialism with Chinese characteristics" Thursday.

BEIJING -- Beijing has approved the feasibility report of a subway line that travels through the city's bustling central business district in the eastern region, according to the municipal economic planner.

BEIJING - Profits of China's major industrial firms grew 14.7 percent year on year in the first nine months of 2018, down from the 16.2-percent expansion for the January-August period, official data showed Saturday.

BEIJING - The People's Bank of China, the central bank, announced on Friday to cut the cash amount reserved in some rural and city commercial banks, or the reserve requirement ratio, by 1 percentage point, with drops of 0.5 percentage points each on April 15 and May .

BEIJING - Technological improvement will contribute more to China's economic growth this year, a senior official said Saturday.