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Bank of China (BOC), the third largest lender in the country, said Monday it would offer less new loans this year as the bank strives to rein in its credit growth at a reasonable rate.

China's consumer price index (CPI), a main gauge of inflation, is likely to increase by over 2 percent in February year-on-year, chinanews.com.cn reported Monday, citing research reports by Chinese brokerage firms.

China's consumer price index (CPI), a main gauge of inflation, is likely to increase by over 2 percent in February year-on-year, chinanews.com.cn reported Monday, citing research reports by Chinese brokerage firms.

China's 2009 investments in the real estate industry rose 16.1 percent to 3.6 trillion yuan ($527 billion), the country's housing ministry said today in a report ahead of a press conference.

The city government of central China's historic Wuhan, birthplace of the 1911 Xinhai Revolution, is going to lavish out over 20 billion yuan ($2.9 billion) for the upcoming centenary spectacular, Mayor Ruan Chengfa said to Eastday.com Sunday.

Shanghai's GDP in 2009 exceeded that of Hong Kong for the first time after it surpassed Hong Kong as China's biggest port and stock-market operator, the China Economic Net reported.

Chinese Minister of Commerce Chen Deming said it is still "too early" to assert foreign trade is growing, China Securities Journal reported on Monday.

Drought had affected 61.31 million mu (4.09 million hectares) of farmland in southwestern China as of March 5, according to the latest figure from the Ministry of Agriculture (MOA).

China Merchants Energy Shipping Co, a major Chinese international oil tanker operator, said Saturday its annual net profit in 2009 slumped 72.2 percent from a year earlier. 

Chinese companies are becoming more cautious about listing publicly in the light of the economic downturn, according to a recent report released by leading accounting firm Grant Thornton International.