The China Banking Regulatory Commission said on Tuesday that the nonperforming loan ratio of commercial banks in China a the fourth quarter came in at a 1.81 percent, up from an NPL ratio of 1.76 percent in the third quarter－a development which triggered further measures by the national banking regulator.
Megvii Technology Inc, an internet startup focused on face recognition technology, is planning to expand the application into the financial and security sectors.
The People's Liberation Army Navy has commissioned a new electronic reconnaissance ship, a PLA Navy media outlet reported on Wednesday in a rare move that also made public the composition of the nation's electronic intelligence fleet.
The passage of China's first carrier battle group through the Taiwan Straits on Wednesday will not affect cross-Straits relations, said Liu Zhenmin, China's vice-foreign minister.
World attention is being drawn to the possibility of a meeting of representatives from the world's two largest economies at the World Economic Forum annual meeting at Davos, Switzerland next week.
China's pressuring of Taiwan will only raise hackles and is not conducive to cross-Taiwan Strait relations, Presidential Office spokesman Alex Huang (黃重諺) said Thursday.
Taiwan urged Nigeria to leave room for talks after the West African country demanded Taiwan move its representative office from Abuja, the capital of Nigeria, to the country's largest city of Lagos, the Ministry of Foreign Affairs said Thursday
Northeast China's Liaoning province is back on positive note after it posted a staggering 2.2 percent slide in GDP in the first three quarters last year, said government officials on Tuesday.
This file photo shows books published in traditional Chinese characters being displayed inside Classic Code Cafe in Beijing, China. It is an all-traditional-Chinese cafe that highlights Taiwanese culture, in contrast to the simplified Chinese characters in use in China.
After spending decades at near bottom of economic ranking, Shenyang, in China's rust belt, is getting its shine back.