China's economic growth has been a source of strength in the crisis, but the nation also needs structural changes to stave off a "middle income trap", World Bank President Robert Zoellick said Thursday.
The country's environmental watchdog will suspend reviews of all new industrial projects in Qujing, Southwest China's Yunnan province, until the city cleans up its toxic chromium slag and remedies polluted soils, a senior official said on Thursday.
China's finance ministry said Thursday that married couples will not be taxed for adding a spouse's name to the property ownership certificate, which came in wake of local tax bureaus' recent introduction of such taxation policies.
China, the world's largest steelmaker and iron ore consumer, is further diversifying its overseas ore supplies by significantly increasing imports from non-traditional countries, an industry official said on Thursday.
Stocks on the Chinese mainland fell, driving the benchmark index to the lowest level in a week, after export orders slumped and Premier Wen Jiabao said the government won't alter economic policies amid concerns about inflation.
Standard Bank Group, Africa's largest bank by assets, is boosting its yuan business in a move to capitalize on the growing trade between China and Africa and the rising influence of the Chinese currency on the continent.