Although many people are concerned about the slowdown of the Chinese economy in 2014, Nicholas Lardy, an acclaimed economist specializing in China, said that the government should be praised for not rushing out a stimulus package, as many expected or encouraged them to do.
This is the third time that I have reported on the annual two sessions in my career, but it is the first time I have done so as a mother.
How to amend the personal income tax law is a significant part of the central government's efforts to benefit middle-and low-income groups in China. Some experts said the nation's personal income tax is on an unhealthy path of development, while some suggested the personal income tax threshold should be raised from 3,500 yuan ($560) to 5,000 yuan or above to offset the rising costs of living. Premier Li Keqiang said in his Government Work Report that the government will ensure that progress is made in the reform of the fiscal and tax systems. The report also said the government will launch insurance to cover major disasters and commercial pension schemes that allow for deferred payment of individual income tax.
Now that the two sessions are half over, it's easy for deputies to feel tired and slack off. But absence without leave is definitely not excusable. The session is held only once a year. As a deputy to the NPC, you are here on behalf of the people so you are duty bound to attend the session. You must perform your duty well, otherwise you should give up the position.
Beijing's big Chinese-character slogans, seen at many intersections and subway stations, have been criticized as creating confusion about the city's international image.
Former vice-minister of health Huang Jiefu, a CPPCC member, said China's organ donations won't fall further short of demand after the suspension, which began in January, of using executed prisoners as a source of organs.
The 14th Dalai Lama's recent claim that the religious tradition of reincarnation should be abolished with his death is a blasphemy to Tibetan Buddhism, a senior Tibetan official said on Monday.
The fight against corruption has become a top priority for the central leadership, because it is key to China's future and the legitimacy of the government, according to leading experts.
Deputies of the National People's Congress and members of the Chinese People's Political Consultative Conference have called for the faster introduction of anti-corruption legislation to tackle the problem at the roots.
Many officials in Sichuan were arrested on corruption charges in 2014. As a businessman in Sichuan, I know them, of course, but I didn't do anything I shouldn't have, and neither did my colleagues. Since the start of the anti-graft crackdown, I have been invited to far fewer banquets, so I drink much less than before and feel much better physically.
The economy is tough enough to adapt to a lower growth rate without suffering a sharp slowdown provided there is sufficient support for innovative industries, some of the country's policy advisers said on Monday.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
