Editor's Note: As China's economy enters a new normal, what are its prospects and what measures are needed to maintain stable growth? Experts discussed these issues at a recent symposium on the theme of "Growth, Structure and Drivers", held by the Chinese Academy of Social Sciences. The following are excerpts from two speeches.
ON MONDAY, THE STATE COUNCIL, CHINA'S CABINET, finally published the Provisional Regulations on Real Estate Registration, which will come into effect on March 1 next year. The rules involve the registration of land, waters, forestry and real estate, and many cherish the hope that it will help lay bare how many houses officials have hidden under their own names and the names of their relatives, or even ghost names.
As the real estate registration regulation comes into effect, information about property ownership will be available nationwide; that's the prerequisite for collecting a tax on property ownership, instead of property trade. Only with this change in the tax system will people buy houses to live in rather than to earn profits, which, in turn will stabilize housing prices.
As 2014 draws to a close, the values enshrined in the Charter of the United Nations and the Universal Declaration of Human Rights are under threat.
Chinese language and culture have become even more important today. The two characters for the Chinese word for crisis (wei or "danger", and ji or "opportunity") are a guideline for the Russian government to overcome the current economic crisis - deal with the danger, but also look for opportunities which the crisis has created.
The Interview may be a joke of a film, but the Sony hacking incident, and escalating war of words between detractors of the Democratic People's Republic of Korea leader Kim Jong-un and the reportedly pro-Kim hackers, are deadly serious matters.
Comment on "Textile industry at the crossroads of change" (China Daily, Dec 15)
Teachers and parents should inculcate the right values among young people, because the true meaning of life is in the struggle to achieve one's dreams and having the pleasure of ultimately realizing them, instead of seeking pleasure in material wealth, says an article on guancha.youth.cn. Excerpts:
Parents and teachers should let children know that birthday is not about organizing extravagant parties and getting or giving expensive gifts.
Editor's Note: The following is an excerpt of the speech by Chinese Premier Li Keqiang at the opening session of the Greater Mekong Subregion (GMS) Summit in Bangkok on December 20, 2014.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
