China National Nuclear Corp will speed up overseas uranium mining exploration, focusing on Australia, Africa and Central Asia, to meet the energy company's growing demand for the raw material, its chairman said.
More than 5 million low and middle-income families across China will get their feet on the first rung of the property ladder next year thanks to the government's affordable housing policy.
When President Hu Jintao pledged in his opening speech at the 18th Party Congress on Thursday that China would double the 2010 average income by 2020.
The banking sector remains largely healthy, and market-oriented reform will be continued prudently, finance officials said.
Chinese securities regulators have decided to shelve launching an "international board" for the mainland stock market but plan to expand the renminbi investment quota for foreign financial institutions and open more avenues for overseas investors.
China Daily asked a number of top executives from international companies to give their impressions of China's 18th Part congress and their expectations for the country.
China's State-owned enterprises should learn from private and foreign companies to be more "market-oriented", which is also the direction of the reform of SOEs, said Wang Yong, head of the State-owned Assets Supervision and Administration Commission.
"It is clear that being more market-oriented is what the SOE reforms should lead to," Wang, minister of the SASAC, said on the sidelines of the 18th National Congress of the Communist Party of China.
China's local debt level has been decreasing over the past two years and the property loan risk is under control, China's top banking regulator said on Thursday.
The whole of the country's local government debt amounted to 9.25 trillion yuan ($1.48 trillion) at the end of September, Shang Fulin, chairman of the China Banking Regulatory Commission, said during a session of the 18th National Congress of the Communist Party of China, which opened on Thursday.
The 18th National Congress of the Communist Party of China begins on Thursday.
It will usher in the country's new leadership lineup and will in all likelihood have an important influence on economic development into the next decade - including the market environment for international corporations operating in China.
In the run-up to the congress, China Daily conducted a survey of international companies on the event and their expectations for the country.
Standard Chartered chief economist Gerard Lyons says the trend in China's economy is up, and he's generally positive about China's development in the coming years.
Det Norske Veritas, one of the world's leading shipping industry classification societies, says the time is ripe for Chinese shipyards to invest in European counterparts, as a way to raise their design capability, but also meet the challenges being posed by tougher environmental regulations.
The 59-year-old director of Cook Medical Asia-Pacific does have more pressing matters on his mind, though, as he talks about his passion for fly fishing, a hobby he manages to indulge in some of the best venues around the world, despite a hugely busy schedule that saw him traveling 200 days last year.
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