Hungary is interested in issuing bonds in China or to Chinese buyers to finance various investment projects in the longer term and has held talks with Chinese financial officials, the development ministry said on Friday.
The central bank is planning new investment funds to diversify holdings in the nation's $3 trillion foreign exchange reserves, to hedge against depreciation and inflation risks, according to a news report.
The funds will invest some of the foreign reserves in energy and precious metal markets.
The revaluation of the yuan will not be an effective weapon against inflation but rather a consequence of growing inflationary pressure.
China's regulators may allow 10 foreign and overseas-listed Chinese companies to sell shares in Shanghai under a trial program after two years of preparation.
The possibility of raising the required reserve ratio (RRR) in the middle of May is high, China Securities News reported, citing analyst Lin Songli.
In a revision signifying that local governments are yielding to the central government's pressure to rein in housing markets, Xi'an became the first city in China to announce it will lower a target aimed at controlling rises in new home prices.
China signalled on Thursday it was ready to buy more debt from the euro zone's weaker states, in a move to help stabilise the bloc's fragile finances and protect its business interests.
China will continue to tighten its monetary policy to check inflation in the second quarter of this year, economists say.
China Investment Corporation (CIC) is planning to further expand its overseas investment in developing economies.
China's small-loan business kept expanding rapidly in the first quarter, according to the People's Bank of China (PBOC) Thursday.
The China Banking Regulatory Commission (CBRC) has begun to stress-test lenders more strictly, the 21st Business Herald reported Wednesday.