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Links - China Questions & Answers - China in Brief 2006 - China's Memorable Moments from 2006 - The 11th Five-Year Development Guidelines - Development of China's Market Economy - Building a New Socialist Countryside - China's Action Plan on IPR Protection - National Development Zones - Foreign Market Access Report 2006 - China Quarterly Update (August 2006) - Trade Fairs and Expos 2007 - WTO China Updates - Fair Trade Issues - Fifth Anniversary of WTO Entry - China in 2006 - Keyword Search E-mail

Central Economic Work Conference The Central Committee of the Communist Party of China (CPC) and the State Council jointly organized the Central Economic Work Conference on December 5-7, 2006 in Beijing. Relying on a comprehensive analysis of the current domestic economic situation and an appraisal of the international economic environment, President Hu Jintao proposed economic guidelines and general requirements for 2007, further elaborating on the principles and major tasks needed to move towards the success of the economic agenda. Premier Wen Jiabao provided direction, such as arrangements for the goals, tasks and major issues relating to the economic work to be carried out in 2007. Eight major tasks were set at the conference for the economic agenda in 2007. -- China's Economic Plans for 2007 Mapped Out -- Eight Major Tasks for Economic Work in 2007 -- China Aims High for Economic Quality -- Great Progress Made in 2006 Economic Development Third National Financial Work Conference The Third National Financial Work Conference was held in Beijing on January 19 and 20, 2007. During the conference, held once every five years, Premier Wen Jiabao highlighted problems facing China's financial industry, including a growing international trade imbalance, poor oversight of financial corporations and a defective rural financial system. To counter these declines, he unveiled a package of policies aimed at improving the country's financial state. The reforms were sweeping, affecting the Agricultural Bank of China's shareholding methods, increasing access to rural financial institutions and expanding management and usage of the nation's huge foreign exchange reserves, with all the above being debated at the meeting. -- China Outlines New Policies for Finance Industry -- Foreign Institutions Hail China's Pledge to Deepen Financial Reform -- 'Improve Rural Finances' -- Get Ready for Spectacular Investment -- Policy Lenders to Go Commercial -- Third National Financial Work Conference Opened -- Deposit Insurance System Considered -- Financial Reforms Expected at Upcoming Work Conference 2007 Rural Development Policies The Central Committee of the Communist Party of China and the State Council released a document on January 29, 2007, dubbed the No. 1 central government document. It represents the government's first set of major policies for the year. The 2007 version focuses on rural development for the fourth consecutive year, saying that the Chinese government's top priority in building a new socialist countryside is the development of modern agriculture. -- Modern Agriculture Development Stressed in Document -- Farmers Urged to Pursue Sustainable Agricultural Production -- China to Facilitate Farm Produce Exports -- College Graduates Encouraged to Work in Countryside

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