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With outbound tourism growing rapidly worldwide, Beijing and other major cities have formed an alliance to make it easier for people to vacation abroad.
China's central bank has indicated that a further relaxation of monetary policy is on the horizon, such as more cuts in the reserve requirement ratio.
Carrefour denies the accusation posted by a micro-blogger that its stores sell oilfish as cod, saying the cod on sale in its stores are silver pout and buffalo cod which have proper certificates from import authorities.
China is to work to expand a basic medical care insurance plan in the country and ensure a coverage rate of no less than 95 percent.
Chinese state-owned enterprises (SOEs) saw profits fall 9.1 percent year on year to hit 482.86 billion yuan ($76.71 billion) during the first quarter of 2012.
Chinese economists have urged the government to maintain macroeconomic policy continuity and focus on long-term structural transformation.
Expectations of a relaxation of macroeconomic policies are "unwise" as none of the conditions contributing to imported inflation have been tackled this year.
China's investment in Canada is likely to increase at a "record" pace in the near term, building on fast expansion in recent years, the Canada China Business Council said on Wednesday.
China will increase liquidity via open market operations and cutting banks' required reserves.
Chinese financial institutions have been required by authorities to turn in more provisions to cover possible rises in loan impairment.
Tencent Holdings was accused in the Guangdong High People's Court of abusing its dominant market position in a case filed by Qihoo 360, an anti-virus software company.
A Chinese traditional medicine has been authorized for sale in a European market for the first time, the Chinese Academy of Sciences announced on Wednesday.
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