Falling food prices keep a lid on China's inflation
Market expectations for higher inflation have abated in China as abundant food supply kept consumer price growth mild in April.
Trade
China calls for joint efforts to promote healthy Sino-U.S. trade ties
China and the United States should strengthen cooperation and properly manage differences, to jointly promote the healthy and stable development of Sino-U.S. economic and trade ties.
Financials
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China's new yuan loans expand, M2 growth quickens
Chinese banks extended 1.18 trillion yuan (about 184.4 billion U.S. dollars) in new yuan-denominated loans in April.
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Major commercial banks raise Beijing mortgage rate
Four major Chinese commercial banks have raised their mortgage rates for first-home purchasers in Beijing, a move expected to further cool the local property market.
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Companies
China Post to further green its services by 2020
China Post Group Corporation aims to ensure all its new delivery vehicles are new energy vehicles by 2020 as part of efforts to make its services greener.
China's rolling-stock maker CRRC sets up freight train subsidiary
Chinese rolling-stock maker CRRC Corp. on Wednesday set up its freight train subsidiary in Qiqihar City, northeast China's Heilongjiang Province.
China's Xiaomi lures huge fan base in Vietnam by bringing innovation to everyone
Xiaomi, which first officially entered Vietnam over a year ago, has already rolled out seven authorized Mi stores in the country, including five in Ho Chi Minh City, one in central Thanh Hoa province, and one in Hanoi.
