People from overseas hoping to buy a home in China will no longer be granted medium- or long-term mortgages.
Facebook's planned initial public offering is likely to give impetus to China's social networking service and boost its development.
The demand in the Chinese gift market was as much as $122 billion in 2011, and the Spring Festival accounted for up to 60 percent of this huge market.
Along with Beijing and Shanghai, Guangzhou in Guangdong province, is rising to be another hot spot for buyers of luxury goods.
China is considering "involving itself more deeply into" the efforts to address Europe's debt issue through channels like the European Financial Stability Facility (EFSF) and the European Stability Mechanism (ESM).
China's home prices fell for a fifth month in January as the government maintained its curbs on the property sector and more developers cut prices to stimulate sales.
China's State Council on Wednesday called for more efforts to support the sound development of small and micro-sized enterprises.
The focus of further fiscal operations will fall on structural tax cuts, experts said.
The index rose to 50.5 in December, showing the pace of economic moderation was stabilizing.
China vowed to renew its efforts to improve agriculture through science and technology as part of a major effort to boost the country's agricultural production and increase farmers' incomes.
China's January Purchasing Managers' Index (PMI) rose to a higher-than-expected level of 50.5 from 50.3 in December, indicating an expansion in the manufacturing sector despite the weak demand from European countries struggling with the debt crisis.
It is both necessary and possible for China to maintain a proactive fiscal policy this year, Chinese Finance Minister said.