The Chinese currency renminbi, or the yuan, has started to return to its normal and reasonable level after volatility, and the trend will continue, central bank governor said Saturday.
The yuan surged on Monday after the central bank chief reassured investors there is no basis for persistent depreciation.
A Chinese court granted a man who spent more than 11 years behind bars after a false murder conviction 1.27 million yuan (200,000 U.S. dollars) in state compensation on Monday.
The China-initiated Asian Infrastructure Investment Bank (AIIB) was formally established Friday, marking a milestone in the reform of the global economic governance system as well as in the infrastructure development in the Asia-Pacific region.
China will set up the Shenzhen-Hong Kong Stock Connect this year, according to Zhou Xiaochuan, governor of the People's Bank of China (PBOC), the central bank.
At least seven remains of bodies have been found by archeologists from a warship sunken by the Japanese navy during a Sino-Japanese War 121 years ago.
Despite a constant drop of China's highly skewed sex ratio at birth in the past 6 years, the nation still faces a steep challenge to bring the ratio back to normal, said an official with the top health authority. A target set for the year's end will be difficult to meet.
The sales of the book Xi Jinping: the Governance of China, have exceeded 5.2 million around the world, Zhou Mingwei, head of China Foreign Languages Publishing Administration, said Wednesday.
Chinese internet security firm Qihoo 360 has received an offer from its founder Zhou Hongyi and other investors to take the NYSE-listed company private in a likely plan to relist back in China, they announced Wednesday.
"Zhou Enlai was the center of the Bandung Conference," said 91-year-old Lee Khoon Choy, who met Zhou in 1955 during the first Asian-African Conference (also known as Bandung Conference), in an exclusive interview with Xinhua here.
Chief Justice Zhou Qiang on Thursday warned of weaknesses in China's court system, denouncing some judges' lack of conscience and professional ethics and involvement in corruption.
Clearing up the "bad influence" left by Zhou Yongkang is necessary to restoring the people's trust in the judicial system.
The CPC must "wash out the stain" left by Zhou Yongkang, a former senior leader who blatantly traded power for money and sex, a conference on political and legal work declared Wednesday.
Chinese law experts on Sunday called for an enhanced legal system to prevent corruption, while expressing their strong support of the investigation into Zhou Yongkang.
China's central bank governor Zhou Xiaochuan reiterated on Thursday that China is likely to have fully liberalized interest rates within two years, but the timetable will depend on economic circumstances at home and abroad.
The latest round of yuan volatility in the market is normal and authorities will respond to questions on the issue at a press conference in coming days, Zhou Xiaochuan, China's central bank governor said Tuesday.
China should increase the qualification and quota for QDII and QFII investors to help them with their activities, Zhou Xiaochuan, governor of the People's Bank of China, said on Tuesday.
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