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A slowdown in the real estate sector affected the reading, official data showed.
The rise of China and India is peaceful asserted a Chinese official at Munich.
PMI for the manufacturing sector dropped to a five-month low in January.
The 15-day celebrations of the Chinese new year began on Friday
PM10 levels are rising in Delhi and decreasing in Beijing, warns the report.
China and Russia are at 2nd and 3rd spot in list of top FDI host economies.
China's manufacturing PMI dropped to 49.6 in January, says HSBC.
The region has been beset by violence as 91 people were killed in in recent months.
Putin said last summer this is a strategically important region for Russia.
Chinese Vice President Li Yuanchao attended the opening ceremony in Beijing.