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China's new policy announcements were made by Vice Finance Minister Zhu Guangyao on Nov 10. They follow the 19th National Congress of the Communist Party of China, where Chinese leaders set out the long term strategic direction of the nation, of which financial liberalization is one of the focuses.
China's consumer and factory-gate inflation picked up in March as government efforts to stabilize economic growth have begun to boost domestic demand, analysts said.
China's latest tax incentive policies for the integrated circuit industry will greatly boost the competitiveness of the nation's semiconductor sector and will fuel more investment and resources for technological breakthroughs, industry experts said on Friday.
China's economy expanded by 6.9 percent in the first quarter, well above the annual growth target of around 6.5 percent. However, moderation in growth is also expected in the following quarters.
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.
来源：资阳报