Developing countries, led by China and Brazil, will see greater progress in their economic recoveries, as high-income countries continue to struggle amid financial woes.
China has great potential in expanding consumption in 2013 following a surge last year, Shen Danyang, spokesman of the Ministry of Commerce, told a news briefing.
Credit Agricole Corporate and Investment Bank estimated that China's GDP growth in 2013 will be 8.5 percent.
Financial reform in China should place a priority on meeting the needs of the real economy, or the part of the economy pertaining to goods and services.
China will further strengthen the enforcement of environmental laws, and take other measures to tackle air pollution.
Pollution triggers breathing woes Cold front to push away smog Air quality remains a global concern Firms urged to provide more pollutant info
The famous baijiu brand Moutai has fallen out of the top 10 preferred brands used as business or personal gifts by China's millionaires, according to a new report, but it was still the only Chinese brand to make it into the top 15.
China needs to take measures to ease tightening grain supply as more rural farmers switch to non-agricultural jobs in the cities, a report released Tuesday warned.
The vow of authorities to utilize land resources in a rational manner as they push forward urbanization is a show of respect for the people-oriented approach to development.
Central, western and northeastern regions of the country were expected to notch up faster GDP growth in 2012 than their eastern counterparts.
As a number of cities try to clear the air, experts warn that the pollution and emergency responses to reduce it could damage the economy and tourism.
China orders more air quality early warnings
Cold snap to expel China's lingering fog
Pollution prompts curbs on auto emissions
China's outward FDI rose almost 12 fold, from $5.5 billion a year to more than $65 billion a year from 2004 to 2011, inward FDI fell 0.2 percent in October from a year earlier to $8.3 billion, the 11th fall in 12 months.
Bullish trade data from China indicate that its growth is stabilizing, with analysts predicting that its stability will help to boost global economic growth.
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