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China unveils ambitious transport, energy plans
The Chinese government on Tuesday announced ambitious plans to develop projects in transport and energy sectors as part of efforts to accelerate the country's industrial transformation and upgrading.
China aims 8% increase in foreign trade in 2013
China will strive to increase its total foreign trade volume by around 8 percent amid slow recovery in the world economy and rising trade protectionism, and work to improve its balance of payments, according to a report submitted to the country's top legislature on Tuesday.
Rising trend of overseas investment 'to continue'
Global investment by Chinese companies will grow rapidly "for quite a long time", Chen Jian, vice-minister of commerce, said on Monday.
China to further 'stimulate' private investment
China will further relax controls over market access for nongovernmental investment and stimulate it, according to a government work report to be reviewed by the annual legislative session.
China to ‘firmly rein’ in property speculation
The Chinese government will "firmly rein in" speculative and investment-driven housing demand and to promptly improve the accountability system for stabilizing housing prices, according to a government work report to be delivered to China' s top legislature on Tuesday.
China increases 2013 deficit to 1.2 trillion yuan
The Chinese government is projecting a fiscal deficit of 1.2 trillion yuan (191 billion U.S. dollars) for 2013, 400 billion more than the budgeted figure last year, according to a government work report to be delivered by Premier Wen Jiabao Tuesday.
China targets 7.5-pct GDP growth
The target is intended to help create jobs and improve people's well-being, Premier Wen Jiabao said while delivering his last government work report to the opening session of 12th National People's Congress (NPC), China's top legislature.
China to continue ‘proactive fiscal, prudent monetary’ policy
China will continue a "proactive fiscal policy" and a "prudent monetary policy" in 2013 to expand the economy by 7.5 percent and keep the consumer price index increase at around 3.5 percent, according to a government work report to be delivered by Premier Wen Jiabao at the parliament's annual session Tuesday.
China lowers 2013 inflation target to 3.5%
China aims to hold this year's consumer price growth to around 3.5 percent, 0.5 percentage point lower than the inflation target set for 2012, Premier Wen Jiabao said in a government work report Tuesday.
Chinese vice premier calls for long-term development focus
Chinese Vice Premier Li Keqiang called on the country to boldly respond to the current economic situation and focus on long-term development at a panel discussion held with political advisors on Monday.
Xi urges innovation-driven growth
Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Monday urged boosting innovation-powered development in order to make China an economic heavyweight.
New property curbs spark heated debates
Newly-issued property curbs to reduce housing speculation and cool the overheated property market have stirred fierce discussion online.
Lawmakers to scrutinize social security fund budget
Chinese lawmakers will scrutinize the budget for the social security fund for the first time at the upcoming annual session of the national legislature.
Tmall to offer foreign baby formula online
Chinese online shopping platform Tmall announced cooperation with overseas baby formula companies to sell their products to Chinese consumers online on March 1.
Firms urged to buy abroad
The United States is expected to be the No 1 destination for Chinese companies seeking mergers and acquisitions in 2013, industry experts from international accounting firm KPMG said.
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