With weather conditions ripe for this year's heaviest smog, residents in Beijing and other cities in North China expected the worst when a red alert was issued for five days from last Saturday to Wednesday. Yet the suffocating blanket of pollution that the capital has experienced in the past has failed to materialize this time thanks to the emergency measures taken following the red alert.
The just-concluded Central Economic Work Conference stressed that China will strengthen the building of its property protection system and accelerate the compiling of its Civil Code as part of efforts to protect the property rights of organizations and individuals.
When hearing US president-elect Donald Trump's recent irritating rhetoric on China, former French premier Jean-Pierre Raffarin, a veteran politician, was reminded of something similar in Europe not too long ago. It involved Nicolas Sarkozy, who served as French president from 2007 to 2012.
BEIJING RECENTLY PUBLISHED the third draft of regulations for preventing and controlling meteorological disasters. The draft regulations aroused fierce public discussions as smog is listed as a meteorological disaster. Maybe the regulations are meant to mobilize more resources to fight smog, but it seems that it makes it easier for officials to shirk their responsibility for good air quality, says hsw.cn:
Editor's Note: This week we are presenting a year-end review of the global economy, China's economy, society and diplomacy; and the international situation. Today four researchers look at the state of the Chinese economy and give their outlooks for 2017.
The task of reducing overcapacity, one of the five major goals of supply-side structural reform, will continue to face challenges next year. Since reducing overcapacity relates to structural adjustment, which is a long-term process, overcapacity can hardly be reduced in one stroke.
China will promote the stable and healthy development of the real estate market in 2017, according to the just concluded Central Economic Work Conference. The conference made it clear that "houses are built to be inhabited, not for speculation."
With the sharing economy becoming a trend across the world, its development in China is both promising and controversial. The sharing economy first made its mark in China in 2011; today it has entered what many consider its golden development period. Regarding the sharing economy as one of the core directions of new economy, this year's Government Work Report vowed to help its development.
"China steals United States Navy research drone in international waters - rips it out of water and takes it to China in unpresidented act," Donald Trump tweeted on Saturday.
China's manufacturing sector has witnessed accelerated transformation and upgrading in recent years, as indicated by the boom in intelligent robots, 3D printing and high-precision equipment manufacturing.
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