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BEIJING -- China's central bank has set up an institution to improve financial regulation and risk prevention, the office of public sectors reform commission said in a statement Saturday.

BEIJING -- China's housing authority has endorsed a pilot joint ownership housing scheme in Beijing and Shanghai, as part of government efforts to stabilize the property market.

BEIJING - Railway trips in China hit a record high at the end of Spring Festival holiday as travelers returned to work, the national railway operator said Thursday.

BEIJING - President Xi Jinping has spoken of positive changes and stronger momentum in China's economy, while calling for measures to implement supply-side structural reform and defuse major risks.

BEIJING - Negotiations on the Regional Comprehensive Economic Partnership (RCEP) are moving forward, with substantial progress, China's Ministry of Commerce said Thursday.