In the first 11 months of this year, 12.02 million new jobs were created in China, surpassing the goal of 9 million new jobs.
China will continue to make the growth of domestic demand a top priority to keep growth momentum on track in 2013, the country's top economic planner said on Tuesday.
"The fundamental role played by consumption in bolstering economic growth needs to be strengthened, while the critical role played by investment should be well implemented," said Zhang Ping, minister of the National Development and Reform Commission, at its annual work conference.
China should remain particularly wary of the increased possibility of inflation following the new round of quantitative easing in the US.
The Chinese leadership should be more determined now than ever to implement the reform because the wealth gap has widened alarmingly.
The growing number of Chinese opting for investment immigration could damage employment and rural economies in their homeland, a new report warns.
More new emigrants find success
Laxer rules sought to retain workers
More Chinese to migrate, invest overseas
Employing more robots on the assembly lines is not helping to win OEM orders when the orders are being directed to equally cost-effective robotic factories.
China will fully deepen reforms in its economy system and open itself up more next year.
Chinese authorities vowed to focus on quality and efficiency of economic growth in 2013, showing the determination to ensure economic development.
The Chinese stock market endured one of the world's worst performances this year despite the country's leading economic growth rate.
Many people assume the Chinese rich own gigantic villas, keep a horse or two and collect luxury watches or art but a new survey shows their favorite purchase trends to be leather goods and automobiles.
According to the latest report by Robb and Ipsos, a Paris-based research company, the top two products accounted for about 20 percent of Chinese millionaires' total consumption over the past year.
China may be the world's second-largest economy and an engine of global growth, but there remains a wide developmental gap between different parts of the country.
China's market potential has attracted a growing number of multinationals seeking M&A deals in a wide range of sectors.
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