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The State Council has earmarked Wenzhou in Zhejiang province as a pilot zone for financial reform, which will allow local residents to invest overseas and set up loan companies.
To better protect their own interests and those of other developing countries, BRICS should have more say in the IMF and other financial institutions.
Although income tax thresholds have been raised and tax rates altered time and again to relieve the tax burden on low-income groups, they have failed to make the national revenue distribution fairer.
2012 Seoul Nuclear Security Summit ended, with the leaders of 53 nations signing a document translating the political pledges on combating nuclear terrorism into concrete action plans.
Premier Wen Jiabao met Kofi Annan, the UN and Arab League envoy to Syria, in Beijing on Tuesday, and pledged China's full support to Annan's six-point plan to end the bloodshed in the Middle East country.
That 7,000 elderly residents are waiting for a bed in a home for the elderly in Beijing points to the escalating number of elderly residents and the shortage of facilities to meet their needs.
The authority is understandably concerned that raising the price of electricity for industrial use may increase the cost of "Made-in-China".
It is hoped the theme of this year summit, strengthening the security of nuclear material and nuclear facilities, will help mobilize more international support and action to address these urgent issues.
Healthcare reform is meant to provide residents with an affordable, quality medical service, which explains why any central government policy on healthcare catches the attention of the public.
The mounting civilian death toll in Afghanistan and Iraq is a stigma on the way the United States has waged war in the two countries.
In Premier Wen Jiabao's government work report early this month, gradually integrating farmers-turned-workers into urban societies was listed as one of the key tasks for the government.
Premier Wen Jiabao's call on Monday, for private organizations to shoulder more of the burden for providing social services, represents both an opportunity and a challenge.