Our daily round-up of the best China stories from the 21st Century Business Herald.

China will re-review top hospitals

China’s Ministry of Health will re-review the third grade hospitals which have been reviewed since January 1, 2011, Liu Yong, a senior official of the ministry, said on Thursday.

In China, the third grade is the highest grade for hospital ranks.

Suntech CEO steps down, CFO to take top job

Suntech Power Holdings Co Ltd (NYSE: STP) replaced its chief executive officer on Wednesday as China's largest solar maker struggled to shore up its finances amid a growing cash shortfall.

According to the news release, founder and CEO Zhengrong Shi had been replaced by David King, the company's chief financial officer. Shi will also step down as chairman to become the executive chairman as well as its chief strategy officer.

Premier Wen calls on confidence

The society should have confidence in the country’s economy, China’s said Premier Wen Jiabao when investigated local economic situations in Zhejiang province on Tuesday and Wednesday.

During his two days travel in China’s wealthiest province in east coast, Premier Wen indicated that China’s economy is fundamentally good and there are positive changes in some areas, making a slew of favorable conditions for economic development stably and fast.

Real estate tycoon seeks business transformation

Pan Shiyi, Chairman of SOHO China Co.(00410.HK),the largest property developer in Beijing and the developer with top sales for several years, stated in his blog to give up the business mode of property developing and selling, and change to a new route of developing, holding and renting the property plots.