On Wednesday morning, online finance product Yu'ebao handed out 1.43 yuan for each 10,000 yuan (1,626 U.S. dollars) of investment to its users.
Financial results of China's major banks released over the past few days have laid bare a worrying rise in non-performing loans.
There could be a silver lining to the cloud of smog that once again shrouded northeast China on Monday, as new insurance schemes may compensate those choking on the polluted air.
The People's Bank of China (PBoC), the country's central bank, has denied holding bailout talks with a small property developer, said the bank on Tuesday.
China's commerce ministry spokesman said on Tuesday that people should not hype the recent downward movement in the value of the Renminbi, or the yuan, against the U.S. dollar.
China will widen the yuan's daily trading band from the current 1 percent to 2 percent starting next Monday, the country's central bank said Saturday.
China loosened its grip on the yuan-dollar exchange rate on Saturday, widening the daily trading band to two percent from one, effective starting next Monday.
Based on China's newly announced economic growth target, the country's GDP is projected to top 10 trillion U.S. dollars by 2014. This is the third consecutive year that the government has put the goal at 7.5 percent.
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.
The value of the Chinese currency Renminbi, or the yuan, has fallen against the U.S. dollar for five consecutive trading days. It weakened 13 basis points to 6.1189 against the greenback on Monday.
The Shanghai Free Trade Zone (FTZ) gained more access to offshore yuan on Friday as China cautiously moves to achieve the free flow of its currency.
A former Party official of a county in east China's Anhui Province has been sentenced to life in prison for taking bribes, a court statement said on Monday.
The value of the Chinese currency Renminbi, or the yuan, weakened 43 basis points to 6.1146 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.
The failure of a major trust program to repay investors at maturity on Wednesday has alerted the sector to default risks after years of feverish "gold rush."
China's prudent monetary policy is unlikely to change in the near future as stronger-than-expected lending in January suggest robust demands in the real economy.
Around 40 families showed up at an unusual auction in east China's Shandong Province, to bid for the services of eight nannies.
China's new yuan-denominated lending reached 1.32 trillion yuan (216 billion U.S. dollars) in January, up 246.9 billion yuan year on year, the central bank said Saturday.
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