The Ministry of Finance said Monday that it has allocated 20 million yuan ($3.17 million) to help relief work in storm-hit Gansu.
China, the world's fifth largest wine consumer, has shown the sign of a cooling wine market.
A recent report states that in 2011, thermal power enterprises in Central China experienced widespread losses totaling 13.6 billion yuan.
Five people were killed, and another five injured after a truck-tractor slammed into a passenger bus Monday morning in Shandong province, local authorities said.
Chinese shares closed down Monday after PBOC announced a second cut in banks' reserve requirement ratio this year. 
Shares open higher
Of China's 845 domestically listed companies, 45.4 percent reported a fall or a loss in earnings.
PARKnSHOP, one of the largest grocery retailers based in Hong Kong, will close its two remaining stores in Shanghai in May.
Shares in Taizhongyin Railway have begun to be listed on the China Beijing Equity Exchange, according to China Securities Journal.
Private lending in Wenzhou shrank by 30 percent compared with August last year after the government set up a pilot zone in the city.
The assembly in a western Japanese town that hosts a nuclear plant agreed on Monday it was necessary to restart two off-line reactors.
China Network Television (CNTV) in Shanghai announced its new media plan for the London Olympic Games on Friday.
Three people died and at least 10 were injured when a van hit a bus on Sunday in East China's Anhui province.
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