Under the new version, provincial governments are allowed to issue bonds within a quota and approved by the people's congress.
The phrase "Internet Plus", used by Premier Li Keqiang in the government work report, has drawn wide attention, as many see it as a sign of the government's increasing emphasis on the Internet industry.
China has signed memorandums of understanding on nuclear cooperation with the United Kingdom, Agrentina, Romania, the Czech Republic, Hungary and South Africa.
In an upmarket Beijing cafe, Gong Jiayi sips her flat white coffee and enthusiastically runs through the highlights of her latest holiday to Japan.
Chinese students head overseas in huge numbers, but some may no longer feel the need to leave home.
Alibaba's growth from a start-up employing 18 people in 1999 to a worldwide company employing 22,000 is down to its ability to harness the world of internet commerce.
China's economy grew 7.4 percent year-on-year in the first half of 2014. Growth in the second quarter stood at 7.5 percent, picking up from the 7.4 percent expansion in the first quarter.
IDC forecasts that more than 600 million Smart Connected Devices will be shipped to Asia in 2013. By 2017, the volume will surpass 1 billion units.
A chart produced by chinadaily.com.cn shows the progess of China's State Council's reform.
Essential numbers from the government work report 2014 give a clearer picture of what can be expected in 2014.
Beijing's legislature plans to exercise its lawmaking role more through plenary session congresses of deputies rather than solely relying on its standing committee.
After virtual stagnation for two years, passenger vehicle sales in China surged 17 percent in 2013, which beat industry expectations of a single-digit rise.
China's government issued fourth-generation mobile network licenses to the country's three telecom operators on Dec 4.
The relaxation of China's decades-old family planning policy to allow more couples to have a second child has been hailed as one of the key events of 2013.
Many residents in pilot area opted against adding to family, often due to finances.
China is home to 157 billionaires, the second-largest billionaire population in the world after the United States, according to a newly released report .
China's total mobile phone shipments have reached 110 million in Q2 2013. Smartphone shipments, a subset of mobile phone shipments, reached 86 million, growing by 10% on a quarterly basis.
China's market for mobile chat applications has never been so crowded especially after Alibaba officially launched of its first social networking app.
IDC expects China IT security market to experience a year-on-year growth of 12.7% in 2013 to reach a market size of $1,830 million.
Chinese exporters will continue to face increasing trade frictions amid escalating trade protectionism moves and an uncertain economic recovery.
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