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The yuan dipped against the US dollar on Monday after the central bank doubled the currency's daily trading band but analysts predict an appreciating trend.
Wenzhou has started a broad-ranging recruitment campaign for financial talent, offering high-level jobs with annual compensation of up to 1 million yuan.
The first-quarter score cards of listed property companies painted a gloomy picture for the sector that is expected to extend into the months ahead, if not longer.
China should take concrete steps to expand imports and cut import tariffs quickly, as the deceleration of import growth is raising economic concerns, Wei Jianguo, former deputy minister of commerce, said in an interview.
China and the US will experience more trade friction in the high-end manufacturing sector, as Washington protects its domestic industries.
China, Japan and South Korea agreed on Sunday to work together to ensure food security and enhance their trade of agricultural products.
A record number of 1.11 million overseas buyers have been invited to the 111th Canton Fair in a bid to spur the sluggish trade growth since January, organizers said.
China's announcement to enlarge the floating band of the yuan's trading price against the US dollar was viewed as a breakthrough.
China's central bank announced Saturday it will widen the yuan's daily trading limit against US dollar currency to 1 percent beginning Monday.
A US federal trade panel determined Friday the US industry was "materially injured" by importing stainless steel sinks from China amid concerns.
All eyes were on China Friday, when the world's second-largest economy released its gross domestic product (GDP) figures for the first quarter.
Analysts see auspicious signs in the investment data released by the Chinese government on Friday.
