Dai Xianglong, chairman of the National Council for Social Security Fund (SSF), said Friday that China will further expand its overseas investment in diversified means.
Developed countries' proposals to impose "carbon tariffs" on imports will violate WTO rules and go against the spirit of the Kyoto Protocol, said the Ministry of Commerce.
Canadian mining company Teck Resources Ltd. said Friday it is selling a 17 percent stake to China Investment Corp. for $1.5 billion in a bid to reduce its debt.
The real estate market is quickly turning hot. On Monday, for instance, a land parcel along Beijing's Guangqu Road was auctioned off for more than 4 billion yuan ($585 million).
China would like to see a diversification of the international currency system in the future and believes it would be "normal" if the issue came up at the "8+5 summit" involving the Group of Eight (G8) and emerging powers, Deputy Foreign Minister He Yafei said.
