Pre-owned home transactions in Beijing tumbled by 70 percent in the first week after the municipal government announced detailed control measures.

China will grow relatively quickly for a long time, and its market will be open and fair, President Xi Jinping said on Monday, soothing fears over the Chinese economy.

President Xi Jinping delivered a keynote speech at the opening plenary of the Boao Forum for Asia Annual Conference 2013 on Sunday in South China's Hainan province.

Trade probes targeting China are becoming more frequent and complicated, and dealing with trade frictions will be a long-term and challenging task, the Ministry of Commerce warned on Monday.

Cooperation between China and Africa is stronger, with China planning to enlarge investment in Africa and Chinese companies starting to consider moving abroad.

Liu Chiping, president of Chinese Internet giant Tencent said Sunday that the company's popular software WeChat will remain free.

China's fast-growing e-tailing market could help unleash private consumption and drive the next stage of economic development.

Global producers said they will continue to invest in China because the country's urbanization and industrialization will continue to support iron ore demand.