SPEAKING TO THE MEDIA on Wednesday at the conclusion of the annual session of the country's top legislature, Premier Li Keqiang said that the government will reduce the burden of taxes and administrative fees on enterprises. Beijing News commented on Thursday:
THE STATE COUNCIL, China's Cabinet, has entrusted relevant departments to draft motions to revise the law on real estate protection amid public concerns over the 70-year land use limit for residential properties, Premier Li Keqiang said on Wednesday at a news conference. Beijing Youth Daily commented on Thursday:
AN INSPECTION by the authorities in South China's Guangdong province on Wednesday found the hygiene situation of restaurants in a number of online delivery service platforms is worrying. Beijing News commented on Thursday:
Addressing a news conference on Wednesday at the conclusion of the annual session of the National People's Congress, China's top legislature, Premier Li Keqiang reiterated China's resolve to help settle the Korean Peninsula nuclear issue through talks. Li also warned that spiraling tensions in Northeast Asia have the potential to spark a conflict, which would be detrimental to all parties involved.
With US government debts standing around $20 trillion, the Fed's decision on Wednesday to raise its benchmark interest rate to 1 percent will hardly reduce the uncertainties the world economy faces.
Speculations over China possibly joining the Trans-Pacific Partnership agreement, which the United States withdrew from in January, have finally been laid to rest. On China's role in free trade following the US' exit from the TPP, Premier Li Keqiang said at a news conference on Wednesday that China is committed to promoting free trade through regional economic frameworks.
Speaking in Michigan on Wednesday afternoon, US President Donald Trump continued to blame the North American Free Trade Agreement for the loss of nearly a third of US manufacturing jobs and China for the loss of 60,000 factories since China's accession to the World Trade Organization.
Defending globalization at the World Economic Forum in January, President Xi Jinping accentuated that the Belt and Road Initiative, which he proposed in 2013, is China's answer to problems frustrating globalization.
As representatives of the people, National People's Congress deputies are supposed to submit motions on issues of concern to the public.
WEDNESDAY WAS WORLD CONSUMER RIGHTS DAY. Premier Li Keqiang has for several times emphasized that China's economic development should enter a "quality era", while Zhi Shuping, head of the General Administration of Quality Supervision, Inspection and Quarantine, said at a Tuesday news conference that quality should come first. Beijing News comments:
YANGTZE RIVER long-tailed anchovies, a popular delicacy for residents along the river, have become increasingly scarce and more expensive as a result of overfishing and industrial pollution. Guangming Daily commented on Wednesday:
WITH SALES AND injections of "imported" botox on the rise, experts have called for its use to be better regulated. Beijing News commented on Wednesday:
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