China will continue leading a prudent monetary policy with focus on targeted easing measures, Premier Li Keqiang said, according to a statement published on a central government website.
Breaking News
The Chinese government arrested some people and fined Internet giant Sina.com for publishing and distributing pornographic content on its website as part of China's "Cleaning the Web" campaign which is held every year.
The launching of ChinaSo, reportedly being run by Xinhua's vice president, represents another attempt by the Chinese government to have its own state-run search engine, TechCrunch reported.
China opened its free trade zone in Shanghai and was hailed as the country's boldest reform, according to a Reuters report.
The GlaxoSmithKline controversy opened the doors of investigation about the misconduct happening in the pharmaceutical industry.
China's official news outlet said that more foreign pharmaceutical firms in the country could face the possibility of getting investigated for corruption.
The Chinese news agency issued the corrected statement after analysts made speculations about the published report.
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