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BEIJING - Following eased controls on foreign-owned shares in financial institutions last year, China has forged ahead with opening up its finance industry with measures to expand the scope of business and market access for foreign banks.

BEIJING - China's central bank continued to skip open market operations on Friday, citing abundant liquidity in the banking system.

BEIJING - China will open up more industries, including oil drilling and defense technology, to private investors to cope with slowing private investment growth, Xinhua-run Economic Information Daily reported Monday.

BEIJING - China's top tax watchdog said the country's tax and fee cuts totaled 906.6 billion yuan (7.1 billion) in the first four months.

BEIJING - Growth in China's fixed-asset investment (FAI) maintained a stable growth in the first ten months of this year while investment structure continued to improve, official data showed Tuesday.