China is likely to face a trade deficit in 2012, partly driven by the deteriorating eurozone crisis.
Most Chinese businesses will face the toughest time this year since 2000, according to a think tank.
The CEOs of leading privately-owned companies are expecting improvements in business growth in 2012.
China's top securities regulator said Monday it will advance reforms in 2012 to make the capital market better serve the real economy.
As the global financial downturn worsens, China is looking to its cultural industry for stimulus to shore up its slowing growth and to sustain its economic restructuring.
Property prices will continue to decline in the first half of the year before gradually stabilizing.
Financial markets will be developed and the securities industry opened further to foreign participants in a bid to diversify risk in the banking sector.
After two years of explosive growth, China's auto market cooled in 2011 as government tax rebates for small cars, trade-in subsidies and incentives for rural buyers expired.
Government and business leaders see the need but costs remain a high priority for most developers.
BMS is not the only international drugmaker actively seeking R&D cooperation with Chinese companies.
Shareholders of China's leading domestic hot pot chain, Little Sheep Group Ltd (Little Sheep), have approved a takeover proposal by Yum! Brands Inc (Yum!), Yum!
Lu Na thinks that the 4,000 yuan ($630) she spent on traveling to the Republic of Korea (ROK) was worth every penny.