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The fiscal expenditure ceiling for PPP investments, which was set at 10 percent of the total annual expenditure of local governments, "should not be broken", said Bai Jingming, vice-president of the Chinese Academy of Fiscal Sciences.

The first is inflation. If growth in the indexes of consumer prices and producer prices are on the upward trajectory, it may indicate that the economy will overheat and expansionary policies may not be appropriate. For China, the major concern is deflation instead of inflation.

The fire started in the Hanma National Nature Reserve in the northern area of the Greater Hinggan Mountains Saturday, and spread to Heilongjiang by Sunday afternoon.

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The first time Barron went to China was in the summer of 2003. He took office as the CEO of Airbus China one year later and has worked and lived in China ever since.

The floods also damaged 3,870 hectares of cropland damaged and saw 198 homes collapse, resulting in direct economic losses of 28.29 million yuan (.17 million).

The first major decision Ford announced after Hackett, 62, became CEO also involved the automaker's operations in Asia.

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The foreign investment edged up 0.2 percent year-on-year, the department said.

The following is the biographical sketch of Li Qiang:

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The first-quarter economic decline could be as much as 8.25 percent after the government makes revisions to the initial GDP report, Goldman Sachs said in a research report.

The first book in the Chinese author's trilogy Death Notice has been published in English by Doubleday in the United States.