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BEIJING - Every major economy has its own "grey rhinos" - big and neglected economic risks.

BEIJING - China will promote aerospace development, strengthen international cooperation and contribute Chinese wisdom, plans and strength in man's peaceful utilization of outer space, said an official with China National Space Administration (CNSA) on Wednesday.

BEIJING - China's local governments have entrusted more of their basic pension funds for more diverse, higher-return investments as the country tackles the challenge of an aging society, an official said Friday. By the end of June, eight provincial-level regions had signed contracts to entrust a total of 410 billion yuan (about billion) in pension funds to the National Council for Social Security Fund (NCSSF), Lu Aihong with the the Ministry of Human Resources and Social Security told a news conference. Of the total, 172.2 billion yuan of pension funds had been transferred for investment, with the rest to be in place in line with the contracts, Lu said. The eight regions are the cities of Beijing and Shanghai, Henan, Hubei, Guangxi, Yunnan, Shaanxi and Anhui provinces. More regions will join at a later stage, according to Lu. An evaluation system on investment performance will be established, while information transparency will be enhanced, Lu said.

BEIJING - General Secretary of the Communist Party of China (CPC) Central Committee Xi Jinping has said that the study and implementation of the "spirit of the 19th CPC National Congress" is the "primary political task" for the Party and country from now on.

BEIJING - China will move faster to put in place a housing system that ensures supply through multiple sources, provides housing support through multiple channels, and encourages both housing purchase and renting in 2018, said a statement issued Wednesday after the annual Central Economic Work Conference.