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Beijing is home to the largest number of the country's wealthiest lot, with 151,000 people owning more than 10 million yuan ($1.46 million) and about 94,000 people with more than 100 million yuan in personal assets, according to a recent report.

China's full-year trade balance will still be in surplus and there is nothing to be alarmed about the figures turning into a deficit in March, economists said on Wednesday.

Gold consumption in China is likely to double over the next decade, boosting prices as burgeoning demand will outpace the growth in supplies, said a report released on Monday by the World Gold Council (WGC).

The chief designer of the country's first C919 jumbo jet has urged authorities to establish a multi-billion-yuan State fund to help boost the sales of homegrown airplanes.

The Standard & Poor's 500 Index has set new highs while China's benchmark stock index failed to surpass its August peak, a divergence that makes US equities more attractive, according to Janney Montgomery Scott LLC.