With renewed pledges to transition its economy and defend free and fair trade, China has reasserted its role as an anchor of growth and globalization in front of world's political and business leaders who assembled here to draw a blueprint for an inclusive future. Full Story

Accelerated industrial profit growth points to economic stabilization

Boosted by strong sales and investment returns, China's major industrial firms registered double-digit profit growth in May, adding to signs of a stabilizing Chinese economy. Full Story

Overall risk of China's local government debt controllable: national audit office

Chinese government has always attached great importance to the management of government debt, and has established a standardized borrowing and financing system for local governments, according to a senior official with the National Audit Office (NAO). Full Story

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