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Researchers develop device that extracts water from desert air

ResearchersatMITandUCBerkeleyhavedevelopedandnowtestedadevicethatcanextractwateroutoftheaireveninthedriestofclimates.TheteamproposedthedeviceinaSciencearticlela

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Moody's China outlook downgrade misses big picture: MOF

​Credit rating agency Moody's decision to downgrade the outlook for China's sovereign bonds misses the bigger picture and has little impact on financial markets, the Ministry of Finance (MOF) said Wednesday.

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China boosts financial support to counties

The Ministry of Finance (MOF) on Friday issued a guideline to boost financial support to counties, which are key links in grassroots administration.