China is heading into a monetary easing cycle this year, and further policy adjustments will be seen in coming months.
The decision of the People's Bank of China to cut reserve requirement ratios for lenders by 50 basis points will help mitigate liquidity risks and prevent a slowdown in base money growth amid increased capital outflows, leading economists said.
Since March 1, the one-year loan interest rate will be lowered to 5.35%, while the one-year saving rate will drop to 2.5%.
China will set an equal, fair natural gas pricing structure for all industrial users to allow market forces to lead the energy sector.
China's top anti-corruption watchdog launched its first round of inspection work after the Chinese New Year holiday.
China's Shaolin Temple is poised to build a complex in Australia that will include a temple, hotel and kung fu academy.
The HKMA has issued a new round of countercyclical measures on property mortgage aimed at cooling the property market.
Intel Corp is pouring billions of dollars into expanding its influence in China.
China on Friday said its activities in its own territory were legitimate and justified.
China's central reform group, captained by Chinese President Xi Jinping, on Friday kicked off a plan to revive soccer.