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China's revised Securities Law will take effect on March 1, setting the legal basis for a phase-in registration-based reform across the whole capital market, according to the top legislature on Saturday.

Chinese New Year, also known as Spring Festival, is the grandest celebration in China, with a seven-day holiday. As the most colorful annual event, the traditional Chinese New Year lasts longer, up to two weeks, and the climax arrives around Chinese New Year's Eve, with iconic red lanterns, loud fireworks, family banquets and parades.

China's total FAI expanded steadily in 2019 with investment in high-tech industries leading the growth, official data showed Friday.

China, which has 1.4 billion inhabitants, is expected to be replaced by India as the world's most populous country around 2024. India now has 1.3 billion inhabitants.

Chinese Minister of Culture and Tourism Luo Shugang and Liu Yuzhu, director of the National Cultural Heritage Administration of China exchanged ideas on future collaboration with Italian counterparts. Over 40 culture and tourism organizations and enterprises, including delegates from the Palace Museum, National Museum of China, and National Center for the Performing Arts, attended the conference.