Get the latest and the most important news about China economy, business in China, the Chinese companies, and the chinese markets from the China Daily and chinadaily.com.cn.
Up to 30 percent of pension fund will be put into equity investments, according to the pension fund investment operations solutions to be released soon.
China's fund companies have made a total profit of 303.4 billion yuan ($48 billion) for investors within the years between 2001 and 2011 - 2.76 billion yuan on average every year.
China's e-commerce giant Alibaba Group Holding Ltd on Monday announced it would buy back some 20 percent of its equity from Yahoo Inc for about $7 billion.
China will invest more than 2 trillion yuan ($316 billion) in promoting energy-saving and low-carbon projects during the 12th Five-Year Plan period (2011-15).
China has scope for a $95 billion tax cut this year and more effort should be put into lowering the rate for value added taxes.
Morgan Stanley announced Monday it has adjusted forecast of China's (GDP) growth to 8.5 percent this year from the earlier forecast of 9 percent.
Sales of Chinese cabbages have plummeted after more than 120 tons of the vegetable were found to contain formaldehyde during inspection in Guangzhou.
The US will launch anti-infringement probe into 45 worldwide consumer electronics manufacturers, including China's Huawei Technologies Co Ltd.
China-Africa trade on agricultural products has gone through years of fast growth and the trade volume reached $4.78 billion in 2011, a Chinese official said.
McDonald's started its biggest ever recruitment plan in China on Sunday, hoping to meet its ambitious expansion goals in company's third-largest market
China National Offshore Oil Corp's cooperation with overseas companies will continue,as the country taps into more challenging deepwater areas.
More and more Chinese companies are thinking of launching, or have already launched, photo-sharing programs hoping they get the chance to become another Instagram.