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China will soon slash tariffs on imported consumer goods including pharmaceuticals and introduce easier access to imported advanced technology and key machinery parts, according to government sources.

China will make even more of a contribution to the betterment of mankind as it enters its new era of building socialism with Chinese characteristics while also comprehensively creating a more-prosperous society, British business leaders said.

China's Palace Museum welcomed the 17 millionth visitor at 11:40 am, Saturday, which set a new record for tourists received in a year. The lucky 17 millionth tourist is surnamed Liu, 20.

China's banking and insurance regulator issued a notice on Friday on tightening regulation of the structured deposit business of commercial banks, in an effort to control risks effectively and protect the legitimate interests of investors.

China's Producer Price Index, which gauges factory-gate prices and is a major indicator of business health, rose 4.9 percent from a year earlier in December, compared with 5.8 percent in November. It is the slowest growth in 13 months.