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Brussels has welcomed Beijing's strategy to boost its soft power by spreading its colorful cultures across globe after years of economic success.
Hong Kong's Financial Secretary John Tsang said on Wednesday that there will be a small deficit in accounts in the coming years, and will largely achieve fiscal balance.
Hong Kong's financial chief John Tsang unveiled the budget proposals for the fiscal year 2012-2013 at a Legislative Council meeting Wednesday.
The rising price of Starbucks coffee in China has become a hot topic on the Internet, with the Seattle-based coffee chain increasing prices in its 500 Chinese mainland stores on Tuesday.
China has set a goal of reducing its major pollutant emissions by more than 30 to 40 percent by 2015 in its latest 12th Five-Year Plan for environment protection.
Journalists from China and abroad are being invited to cover the two major annual events on the country's political calendar next month.
Hong Kong's financial chief John Tsang said Wednesday in his budget speech that Hong Kong's housing land supply in aggregate in 2012/13 will provide about 30,000 private residential flats.
Hong Kong's financial chief John Tsang Wednesday expects Hong Kong's unemployment rate to reverse its downtrend as the economy slows down.
Beijing will continue to improve the capital's air quality in 2012 by focusing on reducing PM2.5 - the smallest and most hazardous airborne pollutant.
It is both necessary and possible for China to maintain a proactive fiscal policy this year, Chinese Finance Minister said.
Egyptian locals have freed the 25 Chinese workers held on Tuesday in Arish, North Sinai, an official with the Chinese embassy to Cairo said early Wednesday.
A Chinese team arrived in the Sudanese capital of Khartoum on Tuesday to help rescue the Chinese workers who are missing or held hostage after an attack on a Chinese company camp in South Kordofan state.
