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BEIJING - China's mobile game sector continued to see robust growth in April, with the monthly revenue surging 24.4 percent year on year, an industrial report showed.
BEIJING - Investment in China's property sector maintained steady growth in the first eight months of 2017, with sales continuing to slow due to government curbs, official data showed Thursday. Real estate investment rose 7.9 percent year on year in January-August, unchanged from the growth in the first seven months, according to the National Bureau of Statistics (NBS). Investment for residential properties went up 10.1 percent year on year, accounting for 68.3 percent of investment in the sector. With a slew of government restrictions to prevent speculation, property sales continued to cool. In terms of floor area, property sales gained 12.7 percent, retreating 1.3 percentage points from January-July. By the end of August, 623.5 million square meters of property remained unsold, down by 11.4 million square meters from a month earlier. China has been stepping up efforts to rein in property speculation this year after rocketing housing prices fueled asset bubble concerns, particularly in major cities. Dozens of local governments have passed or expanded restrictions on house purchases and increased the minimum downpayments required for mortgages. The boom was also cooled by tightening liquidity. While the central bank has left benchmark interest rates on hold, it has used diversified monetary tools to ensure liquidity and guide interbank market rates higher. Of 70 cities surveyed in July, the pace of new home price growth slowed in 15 major cities compared with the same month last year. On a month-on-month basis, new home prices fell or remained flat in 14 cities in July, up from 10 in June.

BEIJING - In less than three years, about 360,000 internet users have donated more than 45 million yuan (about .54 million) to renovate and repair the Great Wall through a crowdfunding campaign, the Beijing Daily reported Wednesday.
BEIJING - Chinese one-stop transportation platform Didi Chuxing has teamed up with new energy (NE) car maker BAIC to form a joint venture in its latest efforts to seek alliance with auto players, the company announced Monday.
BEIJING - Chinese and Russian military forces have maintained in-depth exchanges in 2019 to mark the 70th anniversary of the establishment of diplomatic ties between the two countries, the Ministry of National Defense said Thursday.
来源:资阳报