Mainland people are set to lose out from a new tax-return policy to be unveiled during an official news conference on Monday that will further benefit foreign travelers and visitors from Taiwan, Hong Kong and Macao to Hainan province.

Trade volume between China and Africa hit a record this year, sending out positive signals about economic and trade cooperation, experts said on Thursday.

Gasoline and diesel retail prices will rise by around 4 percent on Wednesday, reflecting global market fluctuations, but officials and researchers said the increases will have only a limited effect on inflation.

A senior member of an influential government think-tank said on Friday that China's inflation could rise to near 6 percent during the first quarter of next year, but Liu Mingkang, chairman of the China Banking Regulatory Commission, said the nation will still be able to control it.

Heads from 12 cities and regions with serious illegal land-use problems across China were invited to the Ministry of Land and Resources on Thursday for a face-to-face chat.