The Ministry of Commerce will encourage more e-commerce and logistics companies to expand into rural areas this year as part of its efforts to create more jobs and provide better information access, officials said on Wednesday.
Oil giants said to spin off pipeline operations amid sweeping reform measures, reports Bloomberg.
The Chinese are considered masters of storage.
A new wave of urbanization could spark the consumption and investment needed to address China's complex economic situation, the nation's top economic planner said on Wednesday.
Moves by the Chinese government to raise the steel industry's competitiveness by wiping out corruption have brought several senior officials under investigation.
China Railway Group Ltd expects to sign the country's first overseas high-speed railway contract by the end of May. This will pave the way for Chinese construction and rolling stock companies to bid for follow-up projects.
Global steel giant ThyssenKrupp Group has chalked out an ambitious expansion plan in China with an eye on the nation's fast-growing automobile market.
The European Union will impose anti-dumping duties from Thursday on imports of a grade of electrical steel from China, Japan, Russia, South Korea and the United States.
Enterprises would have to pay more to bridge rising income-expenditure gap, say experts
Foreign exchange reserves held by China fell by a record $79.5 billion in the first quarter of the year from the last quarter in 2014.
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