As thousands of China s top legislators and political advisors prepare to convene in Beijing later this week for the annual two sessions, they are tasked to review and discuss various policy priorities and sweeping development plans designed to further lift the country to new milestones in the next 15 years: a modern socialist power with world-leading national strength and global influence.
The annual legislative and political consultative sessions are usually a window into policy agenda and various economic and social development targets for the year. But coming at a crucial inflection point, as the country transitions into a new five-year plan and longer development visions, this year s meeting will also provide a clear direction and blueprint of where the world s second-largest economy is headed, following decades of rapid growth and mounting internal and external risks. That would follow a precedence set in 2020, when China did not set a specific target for the first time
China’s market regulator fines 5 platforms over price war to grab share
Zhang Dan and Yang Kunyi Published: Mar 03, 2021 08:38 PM
A resident selects vegetables at a supermarket in Xiangfang District of Harbin, northeast China s Heilongjiang Province, Jan. 30, 2021. Price and supply of daily necessities are stable in Harbin amid the ongoing COVID-19 pandemic, local authorities told a press briefing here on Saturday. (Xinhua/Wang Jianwei)
China s State Administration for Market Regulation (SAMR) fined five community group-buying online platforms on Wednesday citing improper price competition practices, a move that shows the country s strengthening supervision of emerging online businesses and efforts to deter technology giants from becoming monopolistic in their businesses.
As thousands of China s top legislators and political advisors prepare to convene in Beijing later this week for the annual two sessions, they are tasked to review and discuss various policy priorities and sweeping development plans designed to further lift the country to new milestones in the next 15 years: a modern socialist power with world-leading national strength and global influence.
China: Boosting domestic demand major focus of two sessions brainstorming | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
SOURCE / ECONOMY By GT staff reporters Published: Mar 01, 2021 08:33 PM
Residents enjoy food at Guiyang, Southwest China s Guizhou Province on Friday. China will work to improve the consumption of domestic residents and support the recovery and development of the consumer service sectors, according to a government work report submitted to the national legislature for deliberation on Friday. Photo:cnsphoto
Suggestions for boosting domestic demand are expected to be a major focus of brainstorming during China s forthcoming annual two sessions.
With the Chinese economy continuing to roar back in 2021 from the COVID-19 pandemic, consumption - a weak link during the outbreak last year - is expected to transform into a growth booster, starting the 14th Five-Year Plan (2021-25) on a strong note, economists said.