Category Biz

BEIJING, Aug. 27 (Xinhua) — China’s state-owned enterprises (SOEs) saw a 1.6-percent increase in revenues from January to July, the Ministry of Finance said on Tuesday. Their revenues totaled around 47.29 trillion yuan (about 6.64 trillion U.S. dollars) during the…

BEIJING, Aug. 1 (Xinhua) — Li Jiping, a former vice president of China Development Bank, has been expelled from the Communist Party of China (CPC) due to serious violations of discipline and laws. The decision was made following an investigation…