Property prices in 70 Chinese cities rose slightly in June, compared to May, after eight months of decline. Home prices rose 0.3% in Beijing and 0.2% in Shanghai compared to the previous month, official data showed.
China is launching a body to review foreign attempts to buy local companies in a move that might add to strains over access to its markets.
Chinese city planners have announced a plan to merge cities surrounding the Pearl River Delta to create the world’s largest metropolis with 42 million people
Chinese Premier Wen Jiabao called for implementation of political reform measures during a tour in Shenzhen, the nation's first special economic zone (SEZ) which thirty years ago opened the way for the economic reforms that have helped China become a world power.