Further reforms were announced this year that will continue to push SOEs to be efficient by implementing mixed-ownership. The three-year reform plan will further cut overcapacity and reduce administrative overheads. A key emphasis of the reforms is to strengthen the market-based allocation of resources-including land, labor, capital, and key raw materials.
GUIYANG - Li Chengyun, former vice governor of southwest China's Sichuan province, stood trial Friday on charges of taking bribes.
GDP growth is projected to rise back to 3 percent in 2018-19 and remain steady until 2020-21 at the earliest.
Future polices should tilt toward lowering tax burden of enterprises — they need more tax cut measures to lower their costs, according to Gao Peiyong, a senior researcher with Chinese Academy of Social Sciences.
GENEVA - China's economic rebalancing from investment to consumption should produce stronger, sustainable long-term growth, the World Trade Organization (WTO) predicted Thursday.
GLP is a major provider of logistics services for modern industrial parks in China, and it also is the earliest promoter of intelligent logistics and related industrial ecosystems in the Chinese market.
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GENEVA - China has adopted a series of measures to combat extremism and safeguard rights in the Xinjiang Uygur autonomous region in recent years, and the region has achieved notable results in socioeconomic development, experts said at a United Nations meeting in Geneva.
GENEVA - The UN human rights office on Wednesday said it is deeply concerned by the recent US presidential pardons for four security guards from the private military firm Blackwater who were convicted of killing 14 Iraqi civilians.
GDP target set at 6.5 percent as opening-up, quality and efficiency are emphasized, Li says in annual Government Work Report
Fu said China is at the forefront of technological development, and this makes her optimistic about Avaya's development potential in China.