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"We are here to celebrate the Chinese lunar year, the Year of the Monkey. As the ninth of the 12 animals in the Chinese zodiac, the monkey represents curiosity, intelligence, diligence, bonding and optimism. These traits are quite fitting for this coming year," Yang said in the Saturday speech.

Pessimists misunderstand the Chinese economy, or they just choose to turn a blind eye to the bright spots that really matter.

BEIJING, March 8 (Xinhua) -- The State Council, China's Cabinet, called for better protection for the nation's cultural relics and stronger law enforcement in an instruction published Tuesday.

The enactment of the new Charity Law, which is going to take effect on Sept. 1 this year, is another step by China in encouraging the growth of the charity sector and will encourage the growing rich population of China to donate to causes supporting the poor, said Munene Macharia, a scholar at the Nairobi-based United States International University.

China should introduce well-targeted industrial policies and flexible micro policies to promote innovation and stimulate the vitality of enterprises, he pointed out.