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The National Integrated Circuitry Investment Fund, also known as the "Big Fund", is close to announcing the establishment of a new fund that will focus on boosting local chip production and technologies, according to three people with knowledge of the plans.

The PBOC has been seeking to manage market liquidity through more targeted moves rather than using across-the-board adjustments in interest rates and RRR.

The National Supervision Law also includes a chapter on oversight of the commission and its staff members, which states that the standing committees of people's congresses can hear and deliberate work reports of supervision commissions at the same level, and develop inspections of law enforcement.

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The NPD Group is out with its 4Q digital music downloads numbers and AmazonMP3 held 22 percent of the paid music market. While that’s considerably lower than Apple’s 63 percent market share, Amazon is certainly growing compared to 2011 (15 percent), 2010 (13 percent), 2009 (10 percent) and 2008 (seven percent).

The PPI figures came alongside the release of the consumer price index, which rose 1.5 percent year-on-year in January.

The Mystery of Life Museum in Chengdu opened in December 2016 and houses plastinated human and animal bodies as well as their internal organs.

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The Ministry of Industry and Information Technology is expecting intelligent vehicles to rise up and lead the industry's future development, after the success of the new energy vehicle sector was somewhat undercut by fraudulent subsidy claims.

The PBOC is considering kicking off reform of the existing interest rate regime. The possible step is to replace the one-year benchmark leading rate with a more sensitive and market-driven rate. Experts expect the loan prime rate, or LPR, may become the next benchmark.

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The NMC suggested local governments take precautions against possible geological disasters, and ships in affected areas should return to port.

The NBS also for the first time released a composite PMI that combines manufacturing and non-manufacturing sectors to indicate the overall conditions of the economy. It was 54.6 in January, the bureau said.