The People's Bank of China announced on Monday that it will cut the reserve requirement ratio for foreign currency deposits by one percentage point from the current 9 percent to 8 percent starting from May 15 in a bid to improve the management of foreign currencies in financial institutions.

China has unveiled a new package of measures to shore up consumer spending and support smaller firms and the services sector as the nation battles to contain its most extensive COVID-19 outbreaks.

Leading Chinese epidemiologist Zhang Boli has noted that China's dynamic zero-COVID approach does not mean "absolute zero-COVID," while highlighting the role of traditional Chinese medicine (TCM) in treating COVID-19.

As Shanghai fights a grueling battle to get the current COVID-19 outbreak under control, online medical consultations have alleviated pressures on people in lockeddown areas, the city health commission said on Monday.

Many communities in Shanghai have been using unmanned delivery vehicles to distribute supplies to residents amid challenges caused by the recent resurgence of COVID-19.

Aerial photos taken on April 25, 2022 show a view of Yuerong Park in Xiong'an New Area, north China's Hebei Province. 

Dongbei Piano Musical Instruments Co., Ltd., formerly known as Dongbei Piano Factory in Yingkou, is gradually resuming production with epidemic prevention measures in place.

Studies of ancient Chinese civilization have been progressively prevalent in China in recent years. Variety shows such as The Nation’s Greatest Treasures and National Music Gala have set off a new trend making Chinese culture fashionable. 

Almost four months after the Regional Comprehensive Economic Partnership came into action, China-stationed foreign diplomats said the forms of intraregional trade will be further diversified and facilitated, enriching the Asia-Pacific region's economic vitality through inclusive and sustainable economic recovery amid the pandemic.

Beijing was the leader in financial competitiveness in Chinese cities last year, followed by Shanghai and Shenzhen, according to a ranking published by Securities Times and Chinese business magazine New Fortune.