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Analysts said such a shift will not significantly affect the country's GDP growth this year but will lay a solid foundation for future development.

Analysts said the stress on SOE reform by authorities at the just-concluded 19th National Congress of the Communist Party of China reinforced the notion that China was determined to make SOEs leaner and healthier.

And walking into Uber right now — beset by a board of directors sniping at each other through the press, a prominent shareholder suing the company’s founder, Travis Kalanick, and Kalanick reportedly plotting ways to stay in power — could give a lot of people pause. It looks like Jeff Immelt of GE is the current front-runner, but HPE’s Meg Whitman continues to be floated as a candidate despite her strong, repeated denials that she isn’t interested.

Analysts said a mechanism for the ministry to question cities with higher house price growth is being formed, which will drive local governments to maintain strict controls to rein in house price growth.

And that was certainly the case for Opscode, the fast-growing IT automation startup that today is announcing an oversubscribed million venture round led by Scale Venture Partners and including investments from Citi Ventures, Battery Ventures, DFJ and Ignition. Total funding in the 100 person company, which expects to double its staff in the next year, now stands at million.