The Economy
- China's impact on lately turmoil in global financial markets is hyped, a senior economic official said Sunday on the sidelines of the annual parliamentary session.
Consumption first priority to shore up China's growth: official
Consumption is still the first priority in propping up China's economic growth, a senior economic planning official said Sunday.
Hard landing fallacy 'no way' in China: regulator
The hard landing fallacy on China's economy will "no way" occur in China, a senior economic official said Sunday.
• China economy 'sanguine' last year
• Consumption first priority to shore up China's growth
• China's impact on world markets hyped
• China won't see new upsurge in layoffs
• China vows greater efforts in int'l industrial cooperation
- A member of the 12th National Committee of the Chinese People's Political Consultative Conference (CPPCC) insists Internet finance should still be encouraged but, following exposure of several online scam scandals last year, it should be more carefully guided and supervised.
- China will orderly realize convertibility of its currency renminbi (RMB) on capital account and promote the use of the yuan in the world, a draft outline of the country's five-year plan said.
- China expects an average annual economic growth of above 6.5 percent from 2016 to 2020.
- China aims to hold this year's consumer price growth at around 3 percent, according to a government work report to the national legislature annual session.
- China's economy, which grew 6.9 percent last year, was within "an appropriate range," according to a government work report available to media Saturday morning before the opening of the annual parliamentary session.
- China will increase deficit-to-GDP ratio to 3 percent this year from 2.3 percent last year, and cut taxes across the board, according to a government work report available to media Saturday morning before the opening of the annual parliamentary session.
- China targets economic growth rate of 6.5 to 7 percent in 2016, and an average annual growth rate of at least 6.5 percent through 2020, according to a government work report available to media Saturday morning before the opening of the annual parliamentary session.
- China should build a "big bay area" to integrate the development of Guangdong, Hong Kong, and Macao, according to a political advisor.
- Robin Li, chairman and CEO of Baidu, arouses media attention upon his arrival at the Great Hall of the People for the plenary session of the CPPCC national committee on Thursday afternoon. [Photo/China Daily]
- China on Thursday raised the curtains for its annual political high season in the heart of Beijing, as efforts to maintaining growth are expected to dominate the two-week events.
- Over one third of the proposals from China's national political advisors focused on economic issues, according to a report submitted to the annual session of the top political advisory body, which opened in Beijing on Thursday.
- An Internet businessman has appealed to China's political advisory body for more policy support for development of driverless cars.
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
