China Securities Journal reported that ministries including the Ministry of Commerce are drafting a 2011-2020 guide for border areas to develop new engines for foreign trade.
China's budget deficit is likely to expand in 2013 as the government's increased expenditure and tax reform measures will lower the growth rate of its revenue.
An official from China's quality watchdog has said in an interview the administration is closely monitoring the quality of Volkswagen's direct-shift gearboxes.
Experts forecasted that China's food prices will face a new round of inflation amid unfavorable weather and the approaching Spring Festival.
China's GDP is projected to grow 7.8 percent in 2012 and 8.1 percent in 2013 as foreign trade, consumption and investments will outperform those seen in 2012.
Huawei, China's largest maker of telecom equipment, expects a net profit of $2.4 billion in 2012, up about 30 percent from a year earlier.
A survey found that senior people in Beijing give their children and grandchildren 1,500 yuan ($241) yearly on average in Beijing.
Chinese companies issued 484 new corporate bonds in 2012, a 148 percent increase year-on-year, the Shanghai Securities News reported on Friday.
Department store operator Jusco, which stands for Japan United Stores Company, plans to accelerate its expansion in the Chinese market with a new business model in Guangzhou.
China's privately owned automaker Zhejiang Geely Holding Group Co said on Friday that its exports surged 164 percent year-on-year in 2012.
The total revenue of China's online gaming industry is expected to hit 68.5 billion yuan ($11 billion) in 2013, driven by rapid expansion in the mobile games and browser games sectors.
A former high-level railway official went on trial in Harbin on Monday, after being accused of bribery and illegal possession of a gun and ammunition.
