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Premier Wen Jiabao urged Swedish automaker Volvo Cars to rely on modern management, advanced technologies and the friendship between China and Sweden.
Huawei said founder Ren Zhengfei will split the role of chief executive officer with a panel of three executives who will rotate at six-month intervals.
Nestle SA agreed to buy Pfizer Inc's infant-nutrition unit for $11.9 billion, a business that gets most of its sales in fast-growing emerging markets.
China's new round of agricultural science and technology reforms will begin with steps to commercialize the seed industry in the country.
The size of a duty-free shopping area at an airport in Hainan is expected to be doubled to stand at 6,000 square meters by yearend.
China again proved it is the world's most vital automobile market as the curtain went up on the Beijing International Automotive Exhibition.
An increased global expenditure in China's 2012 budget plan reflects its vision of playing a bigger role, but this should be accompanied by a bigger say.
The net profit of China Vanke Co, the country's largest property developer, rose 15.8 percent year-on-year in the first quarter of 2012.
China's Ministry of Health reported Monday that its 2012 budget will amount to 80 billion yuan ($12.69 billion), showing a year-on-year increase of 13.3 billion yuan .
Market to be allowed to play bigger role in yuan value, says Zhou Xiaochuan, governor of the People's Bank of China, in a recent interview.
Some experts believe a new round of easing is under way, but is it really a good time to change the "prudent" monetary policy stance?
Auto giant Volkswagen sealed a deal to build a new factory in China - where it plans to invest 14 billion euros ($18 billion) in five years.
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