China is likely to become the world's largest local government bond issuer within five years - given the fast growth of the Chinese version of municipal bonds - as a way to facilitate debt restructuring reforms and further strengthen fiscal consolidation, an expert told China Daily.
Over the weekend, Wang Fuman spent three days in Beijing living his dreams. The 8-year-old, known online as "Snowflake Boy", met his idols - the Beijing SWAT team - and took a class at China's top police academy.
China's new era will prove to be of major significance for the rest of the world, according to former UK prime minister Tony Blair.
Sunday afternoon, my Indian pals and I watched Hindi movie Secret Superstar at a Beijing cinema that was jampacked - almost 90 percent of the audience was Chinese. A straw poll on my way out confirmed my observation: they enjoyed, and were moved by, the inspirational, feel-good, if a bit melodramatic, film.
Editor's Note: This year marks the 40th anniversary of China's reform and opening-up policy.
China will start a national campaign to combat criminal gangs and organized crime and to wipe out their "protection umbrellas", an effort that will be integrated with the fight against corruption involving low-ranking officials, a notice from the nation's top leaders said on Wednesday.
China will intensify its efforts to win the three tough battles - preventing major financial risks, targeted poverty alleviation and reducing pollution - to meet the public's new expectations with higher quality development, Premier Li Keqiang said.
Celebrating the constant blue skies this winter, Beijing will move forward with a new phase of its environmental campaign of mixed controls on air pollution, focusing on vehicles with high exhaust levels, the acting mayor said on Wednesday.
China may create a procedure and organization to handle the resolution of disputes arising from issues related to the Belt and Road Initiative, the second meeting of the Leading Group for Deepening Overall Reform concluded on Tuesday.
China plans to improve the salaries and social status of skilled workers as increasing demand has resulted in a human resources shortage.
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