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BEIJING - The reform and opening-up has unleashed market vitality in China, with the number of its market entities rocketing during the past 40 years.

BEIJING -- China's island province of Hainan has recorded spending on offshore duty-free shopping by visitors of 450 million yuan (about .34 million) from July 1 to 7, according to the General Administration of Customs.

BEIJING -- China should deleverage its economy at a proper pace to ensure the financial sector is under pressure to keep reducing leverage while avoiding being pushed into any systemic financial risks, according to a senior central bank official.

BEIJING - Seeing a catfish effect from the launch of new science and technology innovation board, local analysts have put high hopes on the country's IPO review reform and expect higher efficiency.

BEIJING - Media leaders of Shanghai Cooperation Organization (SCO) member countries shared their insights on exchanges and pragmatic cooperation at the first SCO media summit which opened Friday in Beijing.