Despite mounting challenges, China will work hard to stabilize its overseas markets, Commerce Minister Gao Hucheng said Thursday.
Premier Li announced the transformation of govt functions is the first task for the newly elected State Council, but warned that this will be "arduous".
Overseas business by Chinese contractors registered double-digit growth in 2012, with the total value of their new contracts reaching $156.5 billion.
The US remains open to including China in a Pacific free-trade zone, Washington's top trade official said, less than a week after Japan asked to join the negotiations.
The World Bank announced on Thursday that its board of directors has approved five loans totalling $620 million to China.
The US remains open to including China in a Pacific free-trade zone, Washington's top trade official said after Japan asked to join the negotiations.
By the midpoint of the century, the disproportionate growth in the number of elderly people in China will put the nation's public finances under pressure.
China remains the world's top destination for foreign investments as the country still holds many competitive edges, a latest research report revealed.
The US Open will revert back to a 14-day tournament from 2015 after United States Tennis Association (USTA) officials reached an agreement with players on restructuring the playing schedule and increasing prize money.
Venezuelan Foreign Minister Elias Jaua said that his country has suspended an informal communication channel to improve relations with the United States.
Although income growth has slowed in recent months, consumers are willing to pay more for home appliances, especially expensive ones.
Trade between China and Brazil is on the rise, but it will increase at a steady pace in the coming years as it becomes more mature, Roberto Azevedo, Brazil's permanent representative to the World Trade Organization, said on Wednesday.