The Economy
- China will continue to issue yuan-denominated treasury bonds in Hong Kong Special Administrative Region (HKSAR), China's Finance Minister Lou Jiwei said Friday.
- China will speed up its strategy for free trade zones, a key initiative in further opening up, President Xi Jinping said on Thursday as he joined a discussion with lawmakers from Shanghai, where the country's first such zone was established.
- China's state assets watchdog has approved a proposed merger of the country's top two bullet train makers, but obstacles remain to be cleared, both companies said on Thursday evening.
- China's energy use has entered medium-low growth as the economy heads toward a more sustainable model, the country's energy planner said Thursday.
- Corporate heads, ministers share their view and suggestions of China's economy at the annual "two sessions."
- Weakening energy consumption amid an economic slowdown means that China must urgently resolve internal imbalances in supply and demand, said a senior official on Thursday.
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Seven opportunities of China's economy under the 'new normal'
China's economy steps into the "new normal" phase, as it is growing in a manageable and relatively balanced manner. Confronted by a weakening overseas market, sliding domestic demand, adjustments in real estate sector and a deeper-level structural shift, the country faces mounting pressure of economic slowdown.
- China will further streamline administration and delegate more powers to lower-level governments and to society while improving regulation, according to a government work report delivered by Premier Li Keqiang Thursday.
- Entrepreneurs, officials and experts voice their suggestions for China's economy at the annual "two sessions."
- China vows to advance talks on free trade zones with the Gulf Cooperation Council (GCC) and Israel, said the Chinese government work report distributed Thursday morning to the press.
- China will strengthen management of local government debt and strictly prevent and control risks, according to a draft budget report available to media before the annual parliamentary session Thursday.
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China aims at medium-to-high growth with twin engines: gov't report
The shrinking Chinese economy can still maintain medium-to-high speed of growth and achieve medium-to-high level of development, according to a government work report released on Thursday.
- China will take substantial measures to reform the investment and financing systems, as well as other key areas of the economic system, according to a government work report available shortly before Thursday's annual parliamentary session.
- China will raise its budget deficit to 2.3 percent of gross domestic product (GDP) for 2015, up from last year's target of 2.1 percent, according to a government work report available to media ahead of the annual parliamentary session Thursday.
Highlights of the Sessions >>
- Full text: Report on China's central, local budgets
- Full text: Report on China's economic, social development plan
- Full text: Report on the Work of the Government (2015)
- Highlights of work report of Supreme People's Court
- Highlights of China's gov't work report for 2015
- Big data on China's rule of law
