China must take resolute measures to restrict large-scale grain and cotton imports and crack down on smuggling activities to ease the pressure on the country's record-high grain inventory rate.
China has begun preparations to set up a multilateral bank to fund infrastructure projects in Asia, the Ministry of Finance said on Friday in an online statement.
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When the Zhoushan Port Comprehensive Bonded Zone announced it had started official operations of its first-phase project it also marked the region's first steps to be a free trade zone.
China National Petroleum Corporation (CNPC) said on Monday that its subsidiary has signed an agreement with Tajiktransgaz to establish a gas pipeline company.
Better ties between China and Africa will help stimulate bilateral trade as more secondary cities establish air links. Currently most of the flights to China operate from African cities.
The ministry announced in November that industries like automotive and steel will be further opened to foreign investors.
Crowdfunding websites are expected to raise more than $10 billion this year compared with $2.7 billion in 2012, according to reports by Forbes.com and Reuters.
In 2009, inspired by the story of Lending Club, three young men established their own business, RenRenYouXin Group Co Ltd.