China will continue to crack down on illegal cross-border capital flow this year in an aim to protect the country's economic and financial security, the country's top foreign exchange regulator said.
Shops and restaurants across the country pocketed 470 billion yuan ($74.4 billion) in sales volume.
China's retail sales for the Spring Festival holiday rose 16.2% Y-O-Y, boosted by a variety of promotional events, data from the MOC showed on Saturday.
Chinese tourists spent a record-breaking amount on luxury products abroad during Christmas
China and the EU will hold a delayed annual leaders summit in February.
Perceptions about the renminbi exchange rate in the international community are absolutely groundless
China's A-share markets will see around 300 IPOs in 2012 and the IPO financing will remain stable
SHANGHAI - Many luxury brands have made their annual price adjustments for certain products, with increases of more than 10 percent since November, but that hasn't dented Chinese customers' taste for upmarket items.
China's Nasdaq-style ChiNext board has raised 195.9 billion yuan($30.99 billion) for the country's start-up firms by the end of 2011.
The European debt crisis and global challenges have cast a pall over the Swiss Alpine resort town of Davos
A new air route is set to open on Friday between Nanning, capital of south China's Guangxi Zhuang autonomous region, and Taiwan's Kaohsiung.
Canada' s health minister announced that the country would appoint 25 to 30 members for its first national advisory committee on traditional Chinese medicine.