China wants equality for developing countries at the table of global financial institutions and will push for change at the upcoming G20 summit, but the nation is not yet ready to urge its currency - the renminbi - be internationalized.

It is still too hard for small firms to overcome financial difficulties because not enough small or short-term business loans are available.

China boldly began work yesterday on a space launch center in Wenchang city in the northeast corner of the tropical island province of Hainan, laying more groundwork for the nation's more sophisticated space program.

China's rural populace is offering new hope for computer makers as sales in urban markets decline due to the global financial crisis.

The market regulator is vetting applications from 149 companies that intend to raise a combined 33.6 billion yuan ($4.9 billion) via initial public offerings (IPO) on the country's NASDAQ-like Growth Enterprise Board (GEB).