At the annual parliament session, Zhang Dejiang, also a member of the top decision-making body of the ruling Communist Party, was elected as chairman of the NPC Standing Committee.
Wal-Mart Stores, Inc. will open three new stores in China by the end of May, confirmed the U.S. retail giant's Chinese division on Monday.
Premier Li Keqiang's press debut on Sunday in the Great Hall of the People grabbed immediate public attention, as many are anticipating how the 57-year-old newly-appointed premier will steer the government of the world's second-largest economy over the next five years.
With no mention of Chinese banks setting their own interest rates, China's central bank governor, Zhou Xiaochuan, said the country should remain on high alert, for inflation.
China Everbright Bank will resume its initial public offering (IPO) in Hong Kong by issuing up to 12 billion H-shares, the bank announced Wednesday.
"Made in China" goods have long-dominated the global market, but rising costs are weakening China's price edge and strengthening the country's resolve to come up with "new edges," analysts say.
China plans to dismantle the Ministry of Railways into administrative and commercial arms to reduce bureaucracy and improve railway service efficiency, a top Chinese official said Sunday.
Beverage tycoon Zong Qinghou said achieving common prosperity is not a distant dream for China, as the government has moved to narrow the wealth gap via secondary distribution.
Premier Wen Jiabao delivered his final work report, highlighting China's economic and social targets for the year.It was met with wide support from the deputies to the 12th National People's Congress.
As Chinese lawmakers and political advisors are meeting in Beijing, the future of the world's second largest economy comes top at the agenda.
As National People's Congress kicked off its first day of meetings in Beijing on March 5, prominent government officials offered their opinions ranging from political reform to oil prices at the first session of the 12th National People's Congress (NPC).
China included farmers' property rights into its government report for the first time on Tuesday - which could give them more protection against land grabs in the countryside.
Chinese Premier Wen Jiabao on Tuesday said China will stick to its family planning policy, but will improve the population policy to promote long-term and balanced growth.
March 5 marks the "Learn from Lei Feng" Day, an annual event to remember an iconic Chinese soldier in the 1960s who embodies selflessness and altruism.
China's central bank governor Zhou Xiaochuan said said the forecast M2 growth in 2013 has been projected to emphasize that the year's broad money supply should not grow too rapidly, compared with previous figures.
Premier Wen delivered his last government work Tuesday to China's top legislature before bowing three times as a symbol of completing his job as a premier.
This year's parliamentary season is sure to be abuzz about the "Chinese dream," but lawmakers and political advisors still need to take heed of average people's hopes and dreams.
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