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Chinese mortgage loans will become one of the most expensive types of commercial bank lending from next month, and it will be difficult for house buyers to get discounts on the borrowing cost, due to the new interest rate calculation method set by the central bank, analysts said.

Chinese enterprises have shown a steady improvement in the quality of their corporate social responsibility reports, and more companies are releasing CSR reports, according to a newly released index.

Chinese green bonds represent 2 percent of the total issuance of bonds in the domestic market, which is substantially higher than the 0.2 percent share in the global market, the report said.

Chinese guests and media attending this year's Davos don't need to worry about how much cash they should carry, Palmer said, adding that more than 80 percent of the village's merchants accept Alipay, including hotels, popular Chinese restaurants, sporting goods stores, Swiss watch manufacturer Carl F. Bucherer, and luxury brand Bally.

Chinese Vice President Wang Qishan speaks at the opening ceremony of a commemorative event for the International Day of Peace, held in Nanjing, capital of East China's Jiangsu Province. [Photo/Xinhua]