China is confident of meeting its annual foreign trade growth target of 6 percent in 2015 despite the persisting weak growth in global demand, the country’s commerce ministry said over the weekend.
China will accelerate price reform this year in sectors such as electric power, head of the country’s top price regulator said Thursday.
In his government work report to the annual session of the National People’s Congress (NPC) which opened Thursday, Premier Li Keqiang pledged fresh breakthroughs in major reforms, saying he would work to generate new momentum for development. The premier also vowed to improve China’s economic structure while stabilizing growth. The following summarizes highlights from the work report, and offers analysis of key reforms on the agenda.
Chinese legislators will review draft amendments to the Legislation Law at the upcoming annual full session of the country’s top legislature, a spokeswoman said Wednesday.
More policy easing will be required for the country’s cooling property sector, members of the National Committee of the CPPCC said on Wednesday.
The chairman of China’s top political advisory body on Tuesday called for unwavering efforts to crack down on corruption, with analysts believing that the remarks send a positive signal of more active participation in the nation’s sweeping anti-graft campaign.
With the recent economic data pointing to a soft start to the year, there is growing anticipation of more pro-growth measures in the pipeline. But how the cooling economy would be addressed at the ongoing annual legislative and political consultative sessions, and to what extent the economy would regain steam, remains the biggest question. The Global Times discusses four key issues facing the Chinese economy.
China’s top political advisory body is scheduled to kick off its annual session on Tuesday, with members from more diverse backgrounds becoming increasingly active in China’s social and political affairs which can only aid in China’s progress, analysts said.
As the early March annual sessions of the NPC and the CPPCC approach, observers say China is at the crossroads of another wave of reforms, a response to changing problems.