Property sales by floor area rose 1.9% year-on-year in 2021, slower than the 4.8% growth seen in January-November, the National Bureau of Statistics said
Market analysts said the size of the rate cut and the timing were a big surprise, and they believe further monetary stimulus could follow.
The notice has been issued to cater to residents' growing consumption demand and unleash the potential of the domestic market
China GDP had been forecast to expand 3.6% from a year ago, slowing from 4.9% in the third quarter
On January 15, Beijing reported its first case of Omicron, less than a week after neighbouring Tianjin detected China's first local case
China's state planner wants to minimise the impact of Covid curbs during the Lunar New Year holiday to help a rebound in consumption.
Data Monday is expected to show China's gross domestic product grew 3.6% in the last quarter of 2021, intensifying pressure for policy easing.
Moon missions require huge investments, but the defining rivalry, as on Earth, looks to be between Washington and Beijing
President Xi Jinping said China's digital economy has `unhealthy and irregular seeds' that threaten national economic and financial security.
Legislation introduced in the U.S. Senate on Friday would force defense contractors to stop buying rare earths from China by 2026.
China's housing slump moderated a fraction in December as property developers rolled out promotions and financing conditions eased.
China’s Golden Tax IV system will harness big data and AI to build a web of information about taxpayers