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Ancient tomb found in Inner Mongolia

Analysts attribute the surge in express delivery services to the popularity of e-commerce, led by Alibaba Group Holding Ltd's Taobao, the country's largest online retail marketplace.

Analysts said a recent weak dollar is one major reason for the continued gain of China's forex reserves.

And speaking of the slopes, former Expedia CEO Erik Blachford has joined the board of Liftopia, a San Francisco startup that describes itself as the “largest online marketplace for discounted?ski lift tickets?and mountain activities.” The company today launched a new iPhone app that allows skiers to get deals on lift tickets, and browse snow conditions at more than 150 popular ski resorts. Liftopia says that it offers up to 80 percent discounts on lift tickets.

Analysts from a leading Chinese think tank said they were optimistic about the prospects for China-US trade and investment, calling for a restart to negotiations on a bilateral investment treaty and for the promotion of cooperation in fields such as services trade and energy.