China is strengthening its policy on yuan internationalization by promoting wider use of the currency around the world.

The State Council, the country's cabinet, announced Thursday （Aug 14th） a batch of measures to reduce the high financing costs for enterprises.

China is seeking to establish a legalized system of barter trading to help companies reduce inventories and boost profits, an official with the China National Excess Inventory Association has said.

The cooling of China's property market is likely to encourage authorities to speed up property tax reforms, which many believe will play a key role in putting the sector back on track.

All China's 31 provincial-level governments reported lower than expected local GDP growth in the first half of 2014, with regions reliant on heavy industry suffering the biggest blow amid economic restructuring and a cut to industrial overcapacity.

HSBC China's reading of the country's manufacturing purchasing managers' index (PMI) has risen to its highest point since the start of 2013, adding to signs of national economic improvement.

The central bank will use unconventional monetary tools such as re-lending and pledged supplementary lending to maintain relatively loose liquidity, rather than turning to conventional tools including lowering interest rates or the reserve requirement ratio, s...

The renminbi is on track to become the third-largest international currency behind the US dollar and the euro within five years as China accelerates its promotion of the yuan, said a Renmin University of China report released on Sunday（July 19th）.