The Economy
- China has completed a draft version of the country's first e-commerce law to guide the sector's sound development, a lawmaker said Thursday.
- From beef sales to online gaming, troubled companies search for alternative opportunities for investment
- The central bank will prohibit real estate brokerages and property developers from running financing services if they do not have relevant licenses, People's Bank of China Deputy Governor Pan Gongsheng said on Wednesday.
- Chinese Premier Li Keqiang told Guangdong Province to continue in its pioneering role in reform and opening up, as the slowing economy is restructured, when he joined national lawmakers during the annual session of the National People's Congress Wednesday.
- China has set its deficit-to-GDP ratio at 3 percent, in a safe range and helpful to overcome deflation, an expert said on Wednesday.
Economist confident in China's economy
Li Yining, renowned economist and member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), said he is confident in China's economy this year, during the ongoing sessions of both the NPC and CPPCC in Beijing.
• China can raise the debt ceiling higher: economist
• Official defends credibility of Chinese economic data
- China's foreign trade continued to decline in February as the result of weak global demand and seasonal factors, data released yesterday by the General Administration of Customs showed.
- Beijing's smog-hit neighbor Hebei needs more subsidies to help it reduce overcapacity in its major polluting industries, according to provincial officials.
- Shanghai's new housing market posted sales of over 78 percent last week although the average price fell.
- China has made some progress in financial and tax reforms, but additional needed improvements have been slower than expected, Finance Minister Lou Jiwei said on Monday at a news conference for the annual session of the 12th National People's Congress.
- President Xi Jinping on Monday called for deeper reform to revitalize China's northeastern industrial base.
- President Xi Jinping on Monday emphasized economic construction and called for following the philosophy of innovative, coordinated, green, open and shared development.
Highlights of the Sessions >>
- Full text: Work report of NPC Standing Committee
- Full text: Report on China's economic, social development plan
- Full text: Report on China's central, local budgets
- Full text: Report on the Work of the Government
- Highlights of work reports from SPC and SPP
- Xi orders breakthrough in military theory
China.org.cn Exclusives >>
NPC deputy: Wind turbine manufacturing not hurt by overcapacity
- Zhang Chuanwei, an NPC deputy and an industrial figure, dismissed the allegation that overcapacity is bogging down China's wind turbine manufacturing sector.