China should be ready for more cuts in the reserve requirement in the next few years, in a bid to prevent the economy falling into a downward spiral, a government think tank said on Tuesday.
A new batch of macroeconomic tools were key to curbing systemic financial risks and preventing an economic hard landing during the past year, experts said.
Guangzhou, the capital of Guangdong province, plans to double its fiscal expenditure on science and technology to incubate high-tech startups, seeking a new identity as an international hub of scientific and technological innovation, said government officials.
With Spring Festival just days away, millions of Chinese people are making the long trek home for the most-important family reunion of the year.
China's booming economy and rising population are causing a decline in the quality of the water in the nation's lakes. Pollution caused by eutrophication, a process that starves the water of oxygen, is one of the most pressing issues for the nation's environmentalists.
Darmin Bieyishan, one of the most popular snowboarders at the 13th National Winter Games, was thrilled to compete in the half-pipe before a hometown crowd in the Xinjiang Uygur autonomous region. The audience for the first Games hosted outside Northeast China returned the feeling.
Inconsistencies in the way a punctuation mark is used in official documents is increasingly hampering the efforts of some members of China's ethnic groups as they struggle to engage with e-commerce and mobile banking systems.
The rise in China's new home prices slowed in January, as sales faltered on reduced housing supplies before the Lunar New Year, which falls on Feb 8.
Husi Food Co's Shanghai and Hebei branches, which were found to have supplied products with substandard meat to fast food chains, were fined 1.2 million yuan ($182,000) each by a Shanghai court on Monday.
China's official factory gauge signaled a record sixth straight month of deterioration, raising the stakes for policymakers struggling to prop up the economy amid a second bear market in stocks since June and a currency at a five-year low.
Flight transfers to and from the Chinese mainland through Taiwan were launched on Monday in Nangchang, Kunming and Chongqing, said the Association for Relations Across the Taiwan Straits.
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Raymond Zhou
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Chen Weihua
