Beijing's last land auction of 2009 ended with whopping average premium rate of 330 percent. The surprise is that some of the lots aren't in the city center.

The opening of the Wuhan-Guangzhou high speed railway, is changing the way people make their holiday plans. Travellers from Guangdong, Hubei and Hunan provinces are now taking advantage of the fact they can go further in less time.

China's tourism market is gearing up for the Shanghai World Expo. The National Tourism Administration has set 2010 as the Year of World Expo Tourism.

The Year of the Ox was a bullish year for China's stock market. The benchmark Shanghai index rebounded 80 percent in the last 12 months, after plummeting 65 percent in 2008. Zheng Junfeng checks the thrills and spills of 2009 and what's next in what will soon be the Year of the Tiger.

The US has imposed punitive duties on steel pipes for oil wells imported from China, a move that has been strongly condemned by China.

Although the New Year break lasts only three days in China, it is still a chance to get some traveling in the holiday. Among overseas destinations, countries in Southeast Asia are the most popular. And inside the country, there are also plenty of choices.

2010 has just begun, and many are waiting for something better to happen. With the establishment of the Free Trade Area between ASEAN countries and China, Indonesia hopes to enhance its export growth in the midst of concerns from manufacturing industries.

The first day of 2010 marks the official launch of the China-ASEAN free trade area, with trade agreements between China and the Association of Southeast Asian Nations coming into effect.

Air China has made it onto the list of the World's 500 Most Influential Brands for the third time. this time with a brand value of 31.2 billion yuan.

Overall, demand is still down for travel by plane over the New Year. And that has brought down prices for tickets this year, in strong contrast to high prices in years past.