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Because of high demand for national debt, the government has no problem to pay off old debts by issuing new debt at a relatively low cost, not to mention that the huge amount of State-owned assets is far beyond the outstanding balance of national debt.

Beijing's environmental authority has issued an orange alert for smog - its second-highest warning level - with heavy air pollution forecast to persist until Wednesday night.

Beijing Normal University has launched a project to promote art education among general public and to train art teachers.

Beijing Automotive Group Co, the Chinese partner of Hyundai Motor Co and Daimler AG, is betting that developing SUVs and new energy cars is the best way to achieve growth of its brands.

Before his death in 2013, Xie's father had been ill with various ailments for almost 20 years and his mother has senile dementia, so neither could work. That left the family heavily in debt, and it was 14 years before the assets they had been allocated began to generate an income.