China's economic expansion will depend on domestic demand maintaining 7 to 8 percent growth year-on-year in the next decade.
China's economy is likely to grow by 7.7 percent this year and accelerate to around 8.5 percent in 2013 partly due to the nation's pro-growth policies.
Power consumption growth rallied in November to nine percent year-on-year, extending the acceleration to two months in a row and signaling an industrial sector that is stabilizing.
The income of the Chinese government rose 21.9 percent in November to 787.1 billion yuan ($126 billion), the Ministry of Finance said on Tuesday.
Guangzhou rolled out on Monday its new-energy vehicle subsidy policies, as the city became the first to officially introduce such incentives nationwide.
China may almost double its upper limit for solar power installed capacity to 40 gigawatts by 2015 from the current 21 gW.
Chinese authorities have been welcoming private and foreign firms to tap the country's vast shale gas deposits, but new entrants have felt impeded by obstacles.
China's exports in November rose at a much weaker-than-expected pace while imports remained unchanged compared with a year earlier.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
