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Chinese President Hu Jintao said Thursday the country's private businesses are now standing on a new starting line and urged them to seize opportunities for development.

Export-Import Bank of China (China Eximbank) will not seek a listing but will remain a policy lender, the bank's chairman Li Ruogu told China Daily on Thursday.

The annual film box office in China is likely to hit 10 billion yuan ($1.46 billion) in a matter of several years if people in small and medium-sized cities have easier access to cinemas, said a cultural official Wednesday.

On the Scene

Staffs of the Great Hall of the People clear snow for preparation of the "two sessions" in Beijing, March 1, 2010.

The annual consultative meeting is set to start in Beijing on March 3 this year.

I was struck by one particular remark Foreign Minister Yang Jiechi made during his 90-minute-long annual news conference on China's foreign policy on Saturday.

The employment issue will be a hard nut to crack - perhaps even harder than securing an 8 percent GDP growth during the global downturn.

Yu Minhong, a CPPCC member and the tsar of China's private language education, said on Wednesday in Beijingthat he was very much concerned about the situation of college graduates.

As in recent years, corruption is the No 1 issue among the Chinese public as the annual national legislative sessions prepare to kick off next week.