The starting taxi fare in Beijing is likely to be raised from the current 10 yuan ($1.60) to 13 yuan, in an effort to raise the income of taxi drivers.
Tainted lamb productshave been used in well-known hot-pot restaurants such as Little Sheep, Macao Hot Pot and Dai Mei.
China Railway Corp made a loss of 6.88 billion yuan ($1.12 billion) in the first quarter, as freight growth slowed, according to its quarterly report.
Risks related to loans to local governments through financing vehicles are generally "controllable", while financing through non-bank channels by these vehicles should be watched closely, Chinese banking regulators said.
Levies from property transactions rocketed in the first quarter despite generally sluggish growth in tax revenue, as the property market heated up.
Pork prices in China, the world's largest pork producer and consumer, have been declining since mid-February and reached their lowest point since January 2011 on Tuesday.
Toyota's FT-HT concept car, a four-door hybrid exclusively designed for the Chinese market, made its global debut on April 20 at the ongoing Shanghai auto show 2013.
The city of Beijing will kick off a spring cleanup campaign on Thursday, urging all officials to set an example by getting involved in street cleaning.
Second-tier cities with rapidly increasing housing prices might be subjected to property tax, business newspaper China Times reported.
Lenovo Group, the world's second-largest personal computer manufacturer by market share, is eyeing a challenge to Apple and Samsung ahead of predicted dramatic sales growth.
China's insurance companies are expected to pay 142 million yuan ($23 million) in compensation to the Ya'an region in Sichuan province.
Shipping companies, struggling with a market downturn in recent years, will benefit from a strong increase in China's imports in March.