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China Focus: China sets population, construction limits in Beijing city planning

Population, construction limits set in Beijing city planning

By 2020, the size of resident population in Beijing should be under 23 million and kept at this level thereafter, according to a city planning document for Beijing issued by China's central authorities.

Finance

Renminbi gets more int'l recognition despite volatility

Renminbi gets more int'l recognition despite volatility

Sunday marks the first anniv.of the yuan officially joining the elite reserve currency basket. The inclusion makes the yuan one of the five reserve currencies fully endorsed by the 189-member organization, joining the U.S. dollar, the euro, the Japanese yen and the British pound.

Industry

Companies

China's central state firms post record growth in first eight months

China's central state firms post record growth in first eight months

China's centrally-administered state-owned enterprises (SOEs) saw the strongest-ever growth both in revenue and profits for January-August.

Chinese cities regulate bike sharing service

Chinese cities regulate bike sharing service

Hangzhou, capital of east China's Zhejiang Province, issued a guideline Friday to regulate the city's booming bike-sharing market.

China to advance restructuring of central SOEs

China to advance restructuring of central SOEs

China's cabinet said Wednesday more work should be done to advance the restructuring of centrally-administered state-owned enterprises (SOEs).

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