The state-owned enterprises (SOEs) which suffered heavy losses from the magnitude 8.0 earthquake in May in southwest China would receive capital injection from the government.
Li Yining, one of China's leading economists, said on Friday that China is facing a pressing challenge of preventing inflation turning into stagflation.
U.S. investor Jim Rogers has said that the decline in known oil reserves across the world is the main reason behind the skyrocketing oil prices that have already topped 145 U.S. dollars a barrel.
