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BEIJING - China's Ministry of Transport (MOT) has called for promoting effective investments in the sector, urging work resumption on major projects to meet the country's annual investment goal on the traffic network.

BEIJING - Chinese lenders must strengthen their risk control and improve services for businesses, Guo Shuqing, chairman of China Banking Regulatory Commission, said Friday. Chinese lenders must pay particular attention to credit and liquidity risk, with priority given to improving their main business, Guo said at an industry seminar gathering top commercial bank executives. "Earnest efforts must be given to reducing overcapacity, and effective measures should be taken to lower business financing costs," he said. More support will be given to business participation in Belt and Road Initiative projects and outward investment, he added.

BEIJING - China saw a total of 195 million domestic tourist trips made during the four-day May Day holiday, up 13.7 percent from last year, according to the Ministry of Culture and Tourism.

BEIJING - China's TV and film watchdog Thursday asked three major web portals, including the Sina Weibo, to shut down video and audio streaming services that are in violation of state rules.

BEIJING - China's telecommunications industry reported steady performance in the first 10 months of the year, official data showed.