News list for " national people's congress"
On December 21, the draft of the Private Economy Promotion Law was submitted to the Standing Committee of the National People's Congress for consideration on December 21. The draft consists of 9 chapters and 78 articles, mainly including eight aspects such as general requirements, fair competition, investment and financing environment, scientific and technological innovation, normative guidance, service guarantee, protection of rights and interests, and legal responsibility. It is of great signi...
On December 7th, according to a report by Mobile Payment Network, the General Office of the Standing Committee of the Shanghai Municipal People's Congress issued a notice showing that the 17th meeting of the Standing Committee of the 16th Municipal People's Congress reviewed the "Shanghai Municipal Government to Promote the Use of Blockchain to Empower the Application of Electronic Documents (Draft) ". In order to further promote legislative democracy, the draft regulations and related instructi...
Minister of Finance Lan Foan introduced at the press conference of the 12th meeting of the Standing Committee of the 14th National People's Congress held on November 8 that starting from 2024, our country will arrange 800 billion yuan from the new local government special project bonds every year for five consecutive years, which is specially used for chemical debt, and the accumulated replaceable hidden debt is 4 trillion yuan. Coupled with the 6 trillion yuan debt limit approved by the Standin...
The 12th meeting of the Standing Committee of the 14th National People's Congress today (8th) deliberated and approved the most vigorous debt reduction measures in recent years: increasing the local government debt limit by 6 trillion yuan to replace the stock of hidden debt, making room for local governments to better develop the economy and protect people's livelihood.
1. The Standing Committee of the National People's Congress deliberates on the proposal to increase the local government debt limit to replace the stock of implicit debt. 2. Middle finger court: In October, the total amount of bond financing of real estate enterprises reached 28.97 billion yuan, an increase of 3.2% year-on-year, and the financing interest rate fell to 2.98%. 3. China Securities Association: The over-the-counter bond investment repurchase transaction deviates from the comparison ...
On October 7th, with the recent implementation of new policies such as reducing RRR and interest rates and reducing the interest rate of existing mortgages, many experts are currently looking forward to the introduction of relevant incremental policies in the fiscal sector. Luo Zhiheng, chief economist of Yukai Securities, estimates that the gap between broad fiscal revenue and budget target revenue this year is close to 2.80 trillion yuan, so it can be considered to increase the size of the bud...
On September 9, the Legal Work Committee of the Standing Committee of the National People's Congress held a press conference today. Spokesperson Wang Xiang introduced that the 29th Chairperson's Meeting of the Standing Committee of the 14th National People's Congress decided that the 11th meeting of the Standing Committee of the 14th National People's Congress would be held in Beijing from September 10 to 13. The Chairperson's Meeting recommended that the 11th meeting of the Standing Committee o...
On July 26, Foreign Ministry Spokesperson Mao Ning announced that at the invitation of the government of the Islamic Republic of Iran, Peng Qinghua, Special Envoy of President Xi Jinping and Vice Chairperson of the Standing Committee of the National People's Congress, will attend the inauguration ceremony of President Pezehizyan in Tehran, the capital of Iran, on July 30.
On June 28, the Standing Committee of the National People's Congress decided to authorize the State Council to temporarily adjust the application of the relevant provisions of the Food Safety Law of the People's Republic of China in the Hainan Free Trade Port. In order to support Hainan's comprehensive deepening of reform and opening up and promote the implementation of the Hainan Free Trade Port policy, the 10th meeting of the Standing Committee of the 14th National People's Congress decided: A...
On June 28, the meeting reviewed the draft central final accounts and the central final accounts report for 2023 in conjunction with the review of the audit work report. The meeting agreed to the review results report submitted by the Financial and Economic Committee of the National People's Congress and decided to approve the central final accounts for 2023.
The 10th meeting of the Standing Committee of the 14th National People's Congress voted on June 28 to pass the Law of the People's Republic of China on Rural Collective Economic Organizations, which will come into force on May 1, 2025. The Law on Rural Collective Economic Organizations clearly stipulates that the state protects the legitimate rights and interests of rural collective economic organizations and their members, and no organization or individual may infringe upon them. The state prom...
On June 25th, the 10th meeting of the Standing Committee of the 14th National People's Congress held its first plenary meeting in the Great Hall of the People in Beijing on the morning of the 25th, chaired by Chairperson Zhao Leji. The meeting heard a report by Xu Hui, vice chairperson of the Constitutional Law Commission, on the results of the review of the draft amendment to the Accounting Law; the meeting heard a report by Shen Chunyao, vice chairperson of the Constitutional Law Commission, o...
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