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BEIJING - China's central bank suspended open market operations for the 11th working day Monday, citing sufficient liquidity in the banking system.
BEIJING - China's central bank suspended open market operations on Friday, citing abundant liquidity in the financial system.
BEIJING - China's internet giant Tencent is betting on the country's smart transportation market, expanding its presence in fields ranging from subway QR code payment to bus hailing.
BEIJING - China's housing regulator will launch a national campaign to crack down on malpractice by real estate agents and developers, to standardize the country's property market.
BEIJING - China will cut the retail prices of gasoline and diesel for the sixth time this year from Saturday following a drop in global oil prices, the country's top economic planner said Friday. Gas price will decrease by 250 yuan (about .76) per ton, while the diesel price will be lowered by 240 yuan per ton, according to the National Development and Reform Commission (NDRC). China adjusts domestic retail oil prices when international crude prices change by more than 50 yuan per ton within a 10 working-day period. Global crude prices have fallen in recent weeks after major oil producing countries such as the United States, Liberia and Nigeria increased output, while US oil consumption remained sluggish. The production glut will continue next year. The NDRC does not expect a consistent drop in global crude prices due to the likelihood that OPEC will step in to cut output to stem price declines. Unstable situations in Liberia and Nigeria will also bring uncertainties to global oil output.
来源：资阳报