A new generation of leaders for China's state organs and top political advisory body will come into power during the "Two Sessions", a term commonly used by the Chinese media referring the NPC and CPPCC.
Deputies to the 12th National People's Congress on Monday elected the Congress presidium and set the agenda for the legislative session, to open on Tuesday. It's the first time for the new NPC deputies, elected earlier this year, to gather in Beijing for the annual session of the national legislature.
The 12th National People's Congress (NPC), China's parliamentary body, opened its first annual session Tuesday morning at the Great Hall of the People in Beijing.
China's Purchasing Managers' Index (PMI) for the manufacturing sector fell for a second month to 50.1 percent in February from 50.4 percent in January, according to data released Friday.
China's first aircraft carrier, the Liaoning, anchored for the first time at its homeport in Qingdao, eastern Shandong Province on Wednesday morning.
Beijing says its People's Liberation Army will conduct 40 military drills in 2013, to improve its combat abilities and protect China's security interests.
China's coal industry is likely to usher in a new round of consolidations following the announcement of China's safety watchdog on tightened approval for new coal mine projects in 2013.
Perhaps more than any other global economy, Australia, a mineral-rich country, is keeping an eagle's eye on developments in China and the its expected economic rebound in the Year of the Snake.
China will raise the retail prices of gasoline by 300 yuan (47.8 U.S. dollars) per tonne and diesel by 290 yuan per tonne starting from Monday, the country's top economic planner said Sunday.
Regulators have hit Moutai and Wuliangye, two of China's liquor giants, with record penalties of 449 million yuan (71.9 million U.S. dollars) for price fixing, a punishment hailed by Chinese netizens.
Beijing on Tuesday denied allegations that the Chinese government and military are behind cyberattacks against US websites.
Japan External Trade Organization ( JETRO) released a report Tuesday saying that Japan's total trade with China dropped 3.3 percent to 333.664 billion U.S. dollars in 2012.
China has called for calm on the Korean Peninsula, after the Democratic People's Republic of Korea conducted a fresh nuclear test last week.
Eight people have been confirmed injured in an earthquake near the border area of southwest China's Sichuan and Yunnan provinces on Tuesday, local authorities said.
Though the week-long Spring Festival holiday has ended in China, various overseas celebrations are still underway.
China's export dependence on Japan has declined sharply, and Japan's QE will affect the United States more than China, senior economics researchers said in an interview on the weakening yen's impact on China.
Agriculture has supported China's development for thousands of years. Yet, the recent years have seen factory workers' wages outpacing farmers' and expanding Gini coefficient index between rural and urban population, calling for more efforts to boost the development of rural areas.
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