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BEIJING, March 12 (Xinhua) -- China's Ministry of Finance (MOF) has revised a list of major items of technical equipment enjoying import-tax exemption, according to a circular issued by the body on Monday.

The China Federation of Logistics and Purchasing said Wednesday in a statement on its website that China's PMI rose to 50.5 percent in January, the highest level since October. The PMI stood at 50.3 percent in December, and 49 percent in November.

Industry insiders have said the State Grid Corporation of China will push for the construction of four alternating current and three direct current ultra-high voltage power transmission lines across the country, with an investment exceeding 300 billion yuan in 2012 alone.?

The Shenzhen Stock Exchange (SZSE) officially put into practice the de-listing system of the ChiNext Board, which started trading on Oct. 30, 2009, to list hi-tech companies and those with high growth potential.

The premier said he believed any member of the Party and government officials with a sense of responsibility must fully recognize that further reform is "an urgent task" for China.