Clear answers for the 10 most pressing issues

By Chen Boyuan
0 Comment(s)Print E-mail China.org.cn, March 23, 2016
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Will the Chinese economy face a hard landing? How is GM food developing in China? How will the reform on personal income tax be carried out? Is there a timetable for total relaxation of family planning? How will the difficulties in seeing a doctor be removed? When will the government roll out its plan for delaying retirement?

These are some of the most pressing issues for China's economy and people's livelihood. During the annual sessions of the NPC and CPPCC, the country's top legislature and political advisory body, these questions have been thoroughly addressed.

1. Chinese economy: "no hard landing"

Setting sail [By Zhai Haijun / China.org.cn]

Setting sail [By Zhai Haijun / China.org.cn] 

"China's economy is absolutely not going to have a hard landing. Any prediction of a hard landing will turn out to be untrue," said Xu Shaoshi, chairman of the National Development and Reform Commission (NDRC), on March 6 at an NPC press conference. He said that China's economy has a relatively strong inner flexibility to fend off risks.

China has a solid material foundation, huge market demand, and large room for regional development, which, in combination with increased quality of production and extensive experience with macro-control, all contribute to steady development in the economy. Hence, one should be confident in the prospect of growth.

"As for the Chinese economy, one should not view it from a traditional, obsolete perspective," Xu said, noting that one should instead view it in the context of what is called the "new normal," characterized by three key ideas -- change of speed, optimization of structure, and shift of driving force.

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