State-owned Lank Bank of Taiwan is mulling setting up more footholds in China after the signing of a memorandum of understanding on financial regulatory cooperation between Taiwan and China, a bank official said yesterday.

China Construction Bank Co., the world's second-largest lender by market value, is interested to open a branch in Taiwan and buy assets on the island, its Chairman Guo Shuqing said yesterday after a conference in Beijing.

The Ordos region of Inner Mongolia, home to one of China's biggest deserts, is being transformed into the site of a pine forest that will stretch across its low hills as far as the eye can see.

U.S. firm First Solar Inc said it signed a framework agreement with the Chinese government Tuesday to build what could become the world's largest solar power plant in China's Inner Mongolia region.

Investors opened more accounts to trade foreign and local-currency shares in China as benchmark indexes extended a rally and regulators relaxed restrictions on buying dollars.

Chinese demand for platinum jewellery is soaring towards a record annual high thanks to a sharp drop in the precious metal's price, leading metals group Johnson Matthey forecast on Tuesday.

China's land ministry said it is imposing limits on how much land can be used for residential development, government offices and some industrial projects to support economic policy and curb overcapacity.

China is among the emerging markets facing risks of property and commodity market bubbles, central bank adviser Fan Gang said, joining officials from the region in expressing concern about surging asset prices.

China's decision on whether to resume appreciation of the yuan is complicated as it will be made by the State Council, Fan Gang, a member of the People's Bank of China's monetary policy committee, told Reuters on Wednesday.

Leaders of Asia Pacific telecom giants meet in Hong Kong Wednesday for the industry's top trade show in the region as they vie to dominate the world's fastest-growing and most diverse mobile market.