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China's Minsheng Bank has no fundraising plans at present and will not cut loans for property developers this year, its chairman Dong Wenbiao told reporters on Thursday.
To seek consensus through voting is not something new for Chinese top legislature, the National People's Congress, which has attracted growing media attention for the current annual session in Beijing.
As China's foreign trade recovers and the unemployment rate in the US and Europe remain high, trade remedy measures against China will increase this year, bringing bigger pressure on China, ambassador to the WTO Sun Zhenyu said Thursday.
The operating length of China's high-speed railway will reach 13,000 km by the end of 2012, forming the world's largest high-speed railway network, according to the latest plan of the Ministry of Railways, the China Securities Journal reported.
Deputies to China's top legislature and members of its top advisory body questioned the huge profits of China's real estate developers and said they were making exorbitant profits in the real estate market.
China is striving to establish a national food safety system in the wake of the 2008 baby milk scandal, Health Minister Chen Zhu said to news portal CRI Online on the sidelines of the annual session of the nation's top political advisory body in Beijing Thursday.
Teaching Chinese language to foreigners, a prime aspect of culture exports so far dominated by public institutions, should be open to private sectors as well, as they would be less prone to attacks from culture protection radicals.
China increased its military spending to better soldiers' lives, but will not seek to establish any overseas military bases, said Yin Zhuo, a retired admiral and researcher of the Chinese navy and a member of Chinese People's Political Consultative Conference (CPPCC).
The development of the traditional Chinese medicine (TCM) industry in China faces a huge challenge as 90 percept of the international herbal medicine market is dominated by Japan and South Korea, forcing the issue to be raised during the annual session of China's top advisory body, the Chinese People's Political Consultative Conference (CPPCC), according to qq.com, a leading portal website in China.
Ge Junjie, vice president of Bright Food Group Co, said they were in talks with Australia-based CSR Ltd to purchase its sugar unit and the deal may be completed this year.
Nearly half the proposals to the CPPCC, the annual meeting of China's top advisory body, were related to the real estate market, with the top topics being low-income housing, property taxes and mortgage loans, the China Securities Journal reported on Wednesday.
Commercial Aircraft Corp of China Ltd (COMAC), in charge of the C919 passenger airplane program, announced on Tuesday that its major task this year would be the preliminary design of the jumbo jets.
