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BEIJING -- Profits of China's major industrial firms in June totaled 666.55 billion yuan (about .18 billion), increasing by 11.5 percent year on year, data from the National Bureau of Statistics (NBS) showed Monday.

BEIJING — Central China is becoming an ideal destination for foreign investment, according to a senior commerce official Tuesday.

BEIJING -- The Chinese economy is showing signs of a relatively strong and sustained recovery and would see growth in the second and following quarters, according to a think tank report.

BIARRITZ, France - Leaders from the world's seven most industrialized countries started the divided group's 45th summit, clouded by a pile of tough issues with trade tensions high on agenda, on Saturday evening at the French seaside resort Biarritz.

BEIJING — China's electricity consumption in September grew at a faster pace, adding to evidence of recovery in the broader economy, data showed Friday.