China is confident that Europe will overcome its problems and "will continue to invest part of its foreign exchange reserves in European bonds".
The governor of China's central bank said Monday that a slow world recovery process and the unstable economic and financial situation in Europe will be the biggest uncertainty for China's economy this year.
China's central bank governor said on Monday that cuts on reserve requirement ratio (RRR) were not to boost capital market confidence or improve property market liquidity.
China is "very confident" of guaranteeing its bottom line of 120 million hectares of farmland to ensure the nation's food security.
The mainland might launch a program to allow Taiwan investors to use offshore yuan deposits to invest in the mainland's capital markets.
Seven ministeral-level officials were investigated for suspected embezzlement or bribery in China last year.
Chinese courts convicted 1.05 million people last year in its drive to punish crimes and safeguard stability, chief justice Wang Shengjun said.
China has strengthened its judicial protection of the disadvantaged social groups, said Wang Shengjun, China's chief justice, in a report.
China posted its largest trade deficit in the past two decades last month, while the nation's imports surged by 40 percent.
NPC deputies urged the government to narrow the gap between urban and rural cultural development and encourage more cultural workers to get engaged in China's countryside.
President Hu Jintao stressed maintaining national integrity, ethnic unity and social stability in Tibet. Stability key to Tibetans' well-being
China plans to increase taxes on mid- and low-end cigarettes in a bid to curb expanding tobacco consumption in the country.