Policy Updates & Analysis
China's tax revenue up 18.8% in 2008 but slows in 2nd half
China's tax revenue climbed 18.8 percent year-on-year to 5.42 trillion yuan (792.68 billion U.S. dollars) in 2008, the Ministry of Finance said Friday.
Read moreChinese vice premier pledges "active" use of foreign investment through crisis
Vice Premier Wang Qishan has encouraged foreign investors to have faith in China's development, saying the country would "actively" use overseas investment.
Read moreEconomist: China to post 8% GDP growth this year
Lian Ping, chief economist of Bank of Communications, China's fifth largest commercial lender, said Sunday that the Chinese economy is expected to pick up speed starting from the second quarter this year.
Read moreChina notified UN agencies in China and embassies of recent human bird flu cases
China notified UN agencies in China and embassies of recent human bird flu cases
Read moreLow-income housing plan under work
Authorities will introduce new guidelines this year to provide housing for lower- and middle-income Chinese who cannot afford private houses and do not qualify for low-rent and subsidized housing provided by the government, the Ministry of Housing and Urban-Rural Development said on its website yesterday.
Read moreChina seeks slimmer, more efficient stell sector
China is considering raising steel industry standards to force its mammoth steel sector to slim down and consolidate, leaving China -- the top producer and consumer -- with a few globally competitive steelmakers.
Read morePremier's almsdeed triggers call for medicare reform
Chinese Premier Wen Jiabao's care of a boy patient who was almost denied life-saving treatment for his leukemia because of a lack of money has caused widespread and mixed reactions in the country this week.
Read moreChina draft law of social insurance draws nationwide debate
China's draft law on social insurance, which aims to create a universal safety net for all the country's 1.3 billion people, has fueled nationwide debate since it was opened to public comment last December.
Read moreAuditors uncover 20 fraud cases
The National Audit Office (NAO) discovered 20 fraud cases involving 6 billion yuan ($878 million) while reviewing financial institutions in 2008, NAO head Liu Jiayi said at an Information Office of the State Council press conference yesterday.
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