China will continue to implement the principle of diversifying its investment in foreign bonds and will continue to be a "long-term and responsible" investor in Europe. Economy faces uncertainties
China's central bank is not planning to issue larger denomination banknotes in the short term, said Hu Xiaolian, deputy governor of the People's Bank of China.
The supply and demand relations in the market are playing an increasing role in deciding the exchange rate of the Chinese currency, the central bank governor said Monday.Economy faces uncertainties
The governor of China's central bank said that a slow world recovery process and the unstable economic and financial situation in Europe will be the biggest uncertainty for China's economy.
The governor of China's central bank said Monday that a slow world recovery process and the unstable economic and financial situation in Europe will be the biggest uncertainty for China's economy this year.
As growing numbers of manufacturers move from the nation's coastal to inland regions in pursuit of lower costs.
Shanxi, a major powerhouse of China, is taking a lead in the country to make its resources-based economy greener and more diversified.
Meishan, the youngest city in Southwest China's Sichuan province, is committed to making itself a modern industrial city by 2016.
China will establish two or three large rare-earth enterprises by consolidating companies in the sector.
The mainland might launch a program to allow Taiwan investors to use offshore yuan deposits to invest in the mainland's capital markets.
China might allow Taiwan investors to use offshore yuan deposits to invest in the mainland's capital markets
China is "very confident" that it can maintain its 120 million hectares of farmland, Minister of Land and Resources said on Sunday.