Policy Updates & Analysis
China 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.
Read moreBrazil to supply oil to China for loans
Brazil and China signed a landmark agreement on Thursday that will ensure long-term supplies of oil to China while delivering much-needed financing to help Brazil develop enormous reserves of oil and gas recently discovered in its coastal waters.
Read moreChina unveils stimulus package for light industry, petrochemical sector
The State Council, or China's Cabinet, announced plans to boost the country's light industry and petrochemical sectors in a bid to stimulate the economy.
Read moreClinton says U.S. and Japan should aid China on clean energy
The United States and Japan should work with China on clean energy as it faces the heavy energy use that usually comes with industrialisation, U.S. Secretary of State Hillary Clinton said on Tuesday.
Read moreForeign investment to be more environmentally friendly
China will add an environmental protection index and a land-use intensity index to the evaluation of foreign-funded enterprises so foreign capital can be used more effectively, the Foreign Investment Office of the Ministry of Commerce (MOC) said Friday.
Read moreChina's U.S. treasury debt holdings up
China's treasury debt holdings in the U.S. grew by 14.3 billion U.S. dollars in December amidst speculation that it was seeking other options to deploy its nearly $1.95 trillion in foreign exchange reserves.
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