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China's cabinet vowed on Friday to strengthen its fine-tuning of the economy as it grew by an annual rate of 8.1 percent in the first three months of 2012.
Fixed-asset investment growth eases in March
Shopping in the fashionable stores of New York, London and Paris may soon be a thing of the past for Chinese customers.
A conference to ensure the disposal of assets involving a bankrupt private firm in a series of major lending scams was held on Friday.
China has cut the reserve requirements for some county-level financial institutions by 100 basis points.
China's smartphone industry is at risk of becoming embroiled in intellectual property disputes since many important patents are held by international companies.
Financial institutions are promoting the use of the yuan in cross-border trade and investment settlements as more companies in China and around the world choose to pay and be paid in the currency.
China's cabinet vowed to strengthen fine-tuning of the economy as the first quarter GDP registered the lowest growth rate in three years. China's GDP growth slows to 8.1%
Shenzhen will push for a cross-border yuan lending pilot project this year that will allow banks in Hong Kong and Shenzhen to lend the currency directly to clients in the opposite city.
China is likely to surpass the United States as the world's biggest online retail market around 2015.
Chinese companies may moderately renew their enthusiasm for IPOs in the second quarter amid expectations that the economy is likely to rebound.
China overtook Japan as the world's second-biggest cinema market in the first quarter of the year thanks to the breakneck growth of the nation's film industry.
The China-Africa Development Fund is shifting its investment strategy with the focus now on infrastructure, manufacturing and agriculture.
