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As China's 60th anniversary approaches, speculation is reaching fever pitch about the performance of the Shanghai main bourse.

Construction on a highly anticipated rail line linking Chengdu in Sichuan province to Lhasa in Tibet will not start this month, according to the Ministry of Railway, contradicting recent media reports.

China's vast manufacturing sector continued its steady recovery last month, fuelling optimism that a brighter future for economic growth awaits than has been suggested by China's gloomy stock market.

Two to three space laboratories may be launched by China between 2010 and 2015, roughly less than a decade before the nation embarks upon a space station in 2020, a top scientist said.

A latest study has found that banks with the highest levels of customer satisfaction experienced a growth in profit margins of 129 percent on an annual basis between 2006 and 2008.