The new leadership is facing an increasing clamor for reforms and one of its priorities should be to reduce the reliance of local governments on land sales.
Mergers and acquisitions by Chinese enterprises surged 37 percent year on year in 2012 in terms of their disclosed transaction value.
The Chinese yuan will not see any sharp rises due to the dwindling trade surplus but small gains with more two-way fluctuations will further stabilize the economy.
The business conditions of Hong Kong's private sector continued to improve last month with the HSBC Purchasing Managers' Index registering 51.7 in Dec.
China may fine-tune its monetary policy in 2013 by reducing interest rates and the reserve requirement ratio to support economic growth.
China's economy seems to be on a path of modest recovery, but its A-share market is one of the worst-performing equity markets in the world.
In the next five years, Italian luxury company Trussardi Group plans to open 15 stores in China that will be completely managed by the company itself.
Chinese bankers are optimistic about future asset quality despite tougher capital standards and lower expectation of profit growth.
China's exports accounted for 11.1 percent of world trade during the first three quarters of 2012, up 0.6 percentage point.
Global institutional investors are waiting for the perfect time to pitch themselves into the Chinese mainland stock market next year.
Chinese exporters face growing risks in 17 countries, amid the lingering sovereign debt crisis in the European Union and the global slowdown.
Chinese bank executives are confident in the country's economic prospects, according to a China Banking Association survey on Wednesday.