China has increased the transparency of its massive local government debt by allowing local governments to release independent reports on their liabilities.
The China Securities Regulatory Commission "regrets" that its United States counterpart, the Securities and Exchange Commission, "ignored" China's efforts to promote cooperation in cross-border supervision, Deng Ge, a CSRC spokesman, said on Friday.
Although the United States' tapering of quantitative easing this year will pose a "significant challenge", China is capable of withstanding the change.
South China's Guangdong province and Guangxi Zhuang autonomous region revealed their local government debt situations on Thursday, both claiming the debt risks are under control.
China's top five State-owned power generators' total profits hit 74 billion yuan ($12.21 billion) last year, a record high since 2002, thanks to falling coal prices.
Beijing Galloping Horse Media Co Ltd, a private entertainment and media company, announced on Friday that, Jin Yan, wife of the late chairman of the company, has been appointed as chairman and general manager of the studio.
The Chinese property sector attracted 2.34 trillion yuan (383.61 billion US dollars) in new lending in 2013, 998.7 billion more than in 2012.
A memorandum of understanding was signed between China Eastern Airlines Corp Ltd and Disney Destinations International on Friday to promote their business in China's tourism market.
China Xintiandi seeks faster development after creating a strategic partnership with Canadian alternative asset company Brookfield Property Partners.
A summit to stimulate Chinese young people's interest in finance and cultivate future business leaders was held in Shanghai this week.
China Huarong Asset Managment Co Ltd, one of the country's four major asset companies, realized a profit of 19.1 billion yuan ($3.15 billion) last year, the company said in an e-mailed statement on Friday.
China's comprehensive reform portfolio, if implemented adequately, can bring the nation another two decades of high economic growth, a senior economist said on Thursday.
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