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China's first major privately owned liquefied natural gas import terminal entered operation on Tuesday in eastern Zhejiang province, setting the scene for more such facilities in the future.

China's economy has recovered with strong growth momentum across diverse industries during the past National Day and Mid-Autumn Festival holiday.

China's foreign exchange regulator said it would further free cross-border capital flows and push forward exchange rate reform this year, amid more balanced international payments driven by import expansion. [Photo/IC]

China's domestic retail and catering sectors posted sales of 1.005 trillion yuan (9.05 billion) during the week-long Spring Festival holiday that ended Sunday, an annual increase of 8.5 percent, according to the Ministry of Commerce.

China's insurance sector is expected to see double-digit growth this year, driven by the country's steady economic growth, according to an expert from Swiss Re, one of the world's largest reinsurers.