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China's government will invest around 600 billion yuan between 2011 and 2015 in turning the scattered and dilapidated rural lands into efficient farming areas.
The gold price in Hong Kong went up HK$60 to open at HK$15,280 per tael on Wednesday.
The country's top watchdog for charity organizations plans to keep a closer eye on foundations given a series of charity scandals in the previous year that greatly damaged the public's trust.
As of the end of last year, the number of valid invention patents in China totaled 697,000, including 351,000 belonging to domestic owners.
The Chinese currency Renminbi, or the yuan, strengthened by 80 basis points to 6.2923 against the US dollar on Wednesday.
A gelatin manufacturer in Northwest China's Qinghai province has been accused of using garbage and food waste to produce edible gelatin and drug capsules.
Pharmacy supervision agencies are required to monitor the confiscated capsules made from toxic industrial gelatin to prevent them from flowing back into the market.
China plans to let tourists visit the Xisha Islands in the South China Sea this year, the vice governor of Hainan province said Tuesday.
Lenders' net income in China rose 39 percent last year to 1.25 trillion yuan ($178.4 billion), the fastest growth in at least four years.
Mitt Romney won presidential primaries in New York and Pennsylvania on Tuesday.
Toyota NS4 Hybrid concept car made its Asia premiere during the first media day of the 2012 Beijing International Automotive Exhibition (Auto China 2012) at the China International Exhibition Center in Beijing Monday.
An heroic Chelsea survived the dismissal of captain John Terry to eliminate holders Barcelona 3-2 on aggregate and clinch a place in the Champions League final.
