The Economy
- China's market regulator said Monday the government will strictly regulate online commerce, amid a heated public dispute over China's largest online shopping platform Taobao.com which was found to match-make transactions of a great number of shoddy commodities.
- China will continue to reform its business system to ease government regulations for companies and inject vitality into the market, Zhang Mao, minister of the State Administration for Industry and Commerce (SAIC), said on Monday.
- President Xi Jinping urged South China's Guangxi Zhuang autonomous region on Sunday to accelerate its opening-up, as the region's key role in the fast-advancing Silk Road initiatives has often been emphasized.
- Chinese President Xi Jinping and other leaders on Sunday urged more efforts to be made on the nation's poverty eradication and faster development in areas with concentrations of ethnic minorities.
- China will continue to issue yuan-denominated treasury bonds in Hong Kong Special Administrative Region (HKSAR), China's Finance Minister Lou Jiwei said Friday.
- China's finance minister on Friday defended the country's moderately expansionary fiscal policy, saying it is a must in coping with downward pressures in its economy.
- The head of the country's top economic planning body has vowed to continue fighting corruption in the coming months following a series of scandals that hit the organization last year.
- The offer of being a founding member of the Asian Infrastructure Investment Bank (AIIB) is still open but the ball is in Japan's court, said Chinese Finance Minister Lou Jiwei Friday.
- The risk of China's local government debt is generally controllable, Finance Minister Lou Jiwei said Friday.
- China's Finance Minister on Friday denied rumor that the government spent 300 billion yuan (47.9 billion U.S. dollars) on public vehicles, receptions and trips.
- China still has great economic development potential in many industries and can beat the growth target of around 7 percent this year, Justin Yifu Lin, former chief economist and senior vice president of the World Bank, said Friday.
- China's finance minister on Friday defended the country's moderately expansionary fiscal policy, saying it is a must in coping with downward pressures in its economy.
Highlights of the Sessions >>
- Full text: Report on China's central, local budgets
- Full text: Report on China's economic, social development plan
- Full text: Report on the Work of the Government (2015)
- Highlights of work report of Supreme People's Court
- Highlights of China's gov't work report for 2015
- Big data on China's rule of law
China.org.cn Exclusives >>
Zhou Mingwei: cultural differences cause misunderstanding
- Political advisor Zhou Mingwei told China.org.cn that cultural differences between China and foreign countries may cause misunderstandings in the international community, but China has to find a way to better explain itself.