Chinese central bank Vice-Governor Yi Gang urged major economies on Monday to avoid the competitive devaluation of their currencies.

The United States is expected to be the No 1 destination for Chinese companies seeking mergers and acquisitions in 2013.

The government should implement a major tax-reduction plan to expand its middle-class population to 600m by 2020, a CPPCC member said.

Given that environmental issues are expected to be hot topics at the upcoming two sessions, one can only hope they will be taken seriously.

The expenditure in China's central budget on social insurance and job security totaled 575.37b yuan ($91.62b) in 2012, the Ministry of Finance said Friday.

National political advisers will tackle a host of issues, including corruption, environmental concerns and an increasing income gap.

China plans major bond market reform to raise the money the ruling Communist Party needs for a 40 trillion yuan urbanization program to buoy economic growth.

China seems to have been successfully preserving its own purity and integrity, but questions remain as to how long this can last.

China has seen a surge in the number of students returning to the country after studying overseas, the Ministry of Education said on Thursday.

With an improving economy in China, there will be more active job seekers in the first quarter of this year, the recent Hays Quarterly Report found.