Expanding China's domestic consumption will be a priority of the government's economic work this year.
China's trade surplus narrowed to $160 billion in 2011 as export demand weakened in US and Europe.
The value of the yuan will fluctuate greatly but ultimately appreciate by 2% to 3% against the greenback
With tensions rising between Western countries and Iran and geo-political risks increasing, it's time for China to further diversify its crude oil import sources
The levy will be set at a progressive rate between 20 and 40 percent on the excess of the average realized oil price from a base of $55 per barrel.
Current economic conditions said to lead officials to rethink timing
Apple announced that iPhone 4S will be available in China and 21 other countries as of Jan 13.
Outbound direct investment for 2011-15 is expected to register double-digit annual growth.
A new report shows average property prices in the country's 100 biggest cities fell further last month, sliding 0.25 percent from November.
Chinese exporters are likely to encounter more trade barriers in 2012 as trade protectionism resurges, the Ministry of Commerce said.
Risk control is expected to be a chief topic during the approaching two-day National Financial Work Conference.
Coal prices 'will rebound' after government controls expire.