A mixed-ownership economy will be encouraged by allowing non-State capital to invest in State projects in the oil, railway and telecom sectors, according to a government work report delivered by Premier Li Keqiang on Wednesday.
Deposit insurance, interest rate liberalization planned, Li says
China will adopt a new type of people-centered urbanization policy to offer those from the countryside who live in cities more of the social welfare currently enjoyed by ful-time metropolitan residents, according to a government work report delivered by Premier Li Keqiang on Wednesday.
Local governments will be given more rights and obligations in issuing bonds in a bid to ease their debt pressure, Premier Li Keqiang announced Wednesday.
China lowered its annual target of trade growth to 7.5 percent in 2014 after the world's second-largest economy became the leading goods trader last year.
Although the free-trade zone in Shanghai only accounts for less than 0.5 percent of the city's area, it has begun making a name for itself since it was established last September for its pilot policies and systems, including innovations in the field of intellectual property.
Renowned for their high quality, crayfish from Xuyi county, Jiangsu province, continue to grow in popularity for their tight texture and thin shells.
Editor's Note: The world's attention is again focused on China as it convenes the annual full sessions of the National People's Congress and the National Committee of the Chinese People's Political Consultative Conference.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
