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BEIJING - Chinese Premier Li Keqiang has called on Shanghai to further improve the business environment and reduce institutional transaction costs in its efforts to expand reform and opening up.

BEIJING - China's cultural industry saw steady revenue growth in the first half of 2017 on strong income from "Internet Plus" cultural services, official data showed.

BEIJING - China's yuan funds outstanding for foreign exchange fell for a 13th straight month in August, central bank data showed Thursday.

BEIJING - China's power generation continues to expand, up 7.8 percent year-on-year in the first seven months of this year, the National Bureau of Statistics said Tuesday.

BEIJING - China's central bank drained 100 billion yuan (about .1 billion) from the financial system through open market operations Thursday, with the volume of maturing securities exceeding new injections.