A key meeting says the country will "stabilize and improve its macroeconomic policies" and deepen reforms to achieve its goals this year.

China's leading search engine Baidu said on Tuesday that it has raised $1.5 billion (10.5 billion yuan) to bankroll its video-streaming platform iQiyi.com amid increasing competition.

China's e-commerce behemoth Alibaba was crowned the most innovative company in China by Fast Company, a US-based business magazine.

Cultural TV programs have experienced a come-back at the start of the Chinese New Year. Two weeks after the conclusion of the hit show Chinese Poetry Competition, a new program, Readers, has become a nationwide sensation. Airing on China Central Television (CCTV) over the weekend, it is sparking fresh enthusiasm for literature in China.

After being held in China for eight years, the Advantage Austria Ski Race for the first time was won by a Chinese racer on Saturday at Zhangjiakou's Genting Secret Garden Resort, Hebei province, with Liu Ji crossing the finish line in 51.75 seconds, ahead of an Austrian racer.