The International Monetary Fund forecasted China's economy to grow 9.6% and 9.5% in 2011 and 2012 respectively compared to 4.4% and 4.5% for the world as a whole.
Tablet computer sales in China climbed 32.5% quarter on quarter to 1.07 million units in Q1 2011, where the iPad captured a 78.3% market share, according to Analysys International.
China's daily crude steel output declined 1.3% month on month to 1.91 million tons in March, according to the China Iron & Steel Association. The biggest 76 mills produced 1.61 million out of the 1.91 million tons, down 2.08% from February.
China had 476 companies that had domestic or international IPO raising an equivalent ¥1.05 trillion in 2010, accounting for 61.8% and 57.6% respectively of the world's total, according to Zero2IPO.
Premium income from agricultural insurance edged up 1.4% to ¥13.57 billion in 2010, said the China Insurance Regulatory Commission.
China plans to install 120 million kW of hydropower electricity generation capacity over the next five years, according to the National Energy Administration. Installed hydropower capacity totaled 210 million by the end of last year.
New home sales in Beijing totaled 133 units at ¥19,679/m2 in March, down 50.9% and 10.9% respectively from a year ago, according to the local land authority. It was the first new home price fall in 19 months.
Guangdong provincial capital Guangzhou expects its hi-tech industry to produce ¥1 trillion of goods and services by 2015.
$1 = ¥6.54