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BEIJING - Lawyers should not only participate in dealing with IPR disputes but also engage themselves in legislation and formulation of international treaties, Wang Zhengzhi, director of the All China Lawyers Association's intellectual property committee.

BEIJING - Chinese President Xi Jinping on Wednesday congratulated U Win Myint on his election as Myanmar's new president, saying China would like to promote the bilateral comprehensive strategic cooperative partnership to a higher level.

BEIJING - China's consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year on year in May, the National Bureau of Statistics (NBS) said Friday. The CPI expansion in May is in line with estimates. It quickened from April's 1.2 percent, March's 0.9 percent and February's 0.8 percent. On a monthly basis, however, the CPI declined 0.1 percent, according to the NBS. Of the 1.5-percent CPI growth in May, 1 percentage point was contributed by the carryover effect of price increases last year, NBS senior statistician Sheng Guoqing said. The NBS attributed the pick-up in CPI partly to higher non-food prices, which grew 2.3 percent year on year in May. However, food prices dropped 1.6 percent. Meat and vegetable prices fell 7.8 percent and 6.3 percent year on year respectively. Excluding volatile food and energy prices, the core CPI increased 2.1 percent year on year in May, which is the same as the previous month. CPI increased 1.4 percent on average in the first five months of the year. The figure is well below the official annual inflation control target of around 3 percent. Lian Ping, chief economist at the Bank of Communications, said the CPI may continue to increase next month, as the carryover effect will reach the highest point in June. In the second half of 2017, the CPI may go down, according to Lian, forecasting that there will not be obvious inflation pressure throughout the year.

BEIJING - China's central bank said it will tighten regulations on domestic investors' participation in overseas transactions of "initial coin offerings" (ICOs) and virtual currency as risks are still high in the sector.

BEIJING - China's garment industry saw an increase in domestic sales in the first five months this year despite slower expansion in the industry.