News list for "Congress Standing Committee"

The Standing Committee of the National People's Congress will strengthen the supervision of government debt management according to law

On March 4th, Lou Qinjian, spokesperson for the Third Session of the 14th National People's Congress, said that by the end of last year, the 2 trillion yuan replacement bond quota for 2024 had been fully issued, and most areas had completed the replacement. The relevant work on the issuance of 2 trillion yuan replacement bonds in 2025 has been started. The Standing Committee of the National People's Congress will, in accordance with relevant laws and regulations, strengthen the supervision of th...

clock
2025-03-04 05:09:36
Directly arranging 10 trillion yuan, the pressure of local government debt will be greatly reduced

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...

clock
2024-11-08 08:53:40
The Standing Committee of the National People's Congress authorizes 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

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...

clock
2024-06-28 14:07:53
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.

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...

clock
2024-06-28 01:30:04

7x24 Newsflash

15:36 2025-04-02
ACT project Fangfa accident review: panic selling triggered by Binance's adjustment of leverage rules
According to ACT's official post-mortem review, ACT tokens experienced a sharp decline in the past 24 hours, due to Binance's surprise adjustment of multi-currency leverage and margin rules including ACT from March 31st to April 1st, resulting in a large number of high-leverage positions being forced to position squaring, forming a selling pressure. According to Binance's preliminary investigation, 4 users (including 3 VIPs) sold more than $1 million ACT, triggering a chain liquidation. The team...
15:36 2025-04-02
Ripple stablecoin RLUSD has launched Kraken
According to official news, Ripple's stablecoin RLUSD has been launched on the Kraken trading platform and integrated into its payment platform to improve customers' cross-border financial operations.
15:36 2025-04-02
U.S. Democratic lawmakers have asked the SEC to keep records of Trump family crypto project WLFI letters
Democratic lawmakers in the United States have asked the Securities and Exchange Commission (SEC) to preserve records of correspondence from World Liberty Financial, a crypto business owned by Trump and his family. Due to the Trump family's business in cryptocurrencies, U.S. lawmakers are concerned about Trump's influence on regulators.
15:33 2025-04-02
Musk will step down as a DOGE partner in the coming weeks
According to Politico, Musk will step down from his current position as managing partner of the Department of Government Effectiveness (DOGE) in the coming weeks.
15:33 2025-04-02
Justin Sun: FDUSD issuer is bankrupt and unable to meet redemption obligations
Justin Sun posted on social media that First Digital Trust (FDT), the issuer of FDUSD, is effectively bankrupt and unable to meet its client fund redemption obligations. Users are strongly advised to take immediate action to protect their assets. Hong Kong's trust licensing process and the internal risk management of the financial system are both significantly flawed. Regulators and law enforcement have been urged to take swift action to address these issues and prevent further major losses. Hon...
15:33 2025-04-02
Sources: Kalshi General Counsel to Join Musk's DOGE Team
According to a source familiar with the transition, Eliezer Mishory, the chief regulatory officer and general counsel of Kalshi, will leave and join Musk's Department of Government Effectiveness (D.O.G.E.).
14:57 2025-04-02
VanEck Celestia ETN is listed on two European stock exchanges
VanEck has listed a new exchange-traded product tracking the Celestia native token TIA on Euronext Amsterdam and Euronext Paris.
14:53 2025-04-02
Trump is about to announce reciprocal tariffs
US President Donald Trump will unveil the so-called reciprocal tariff measures at the White House at 4:00 pm EST on April 2, which is 4:00 am Beijing time on April 3. White House Press Secretary Levitt said on April 1 that the relevant measures will take effect immediately after Trump's announcement. The move has triggered warnings from US political circles and concerns from the public. (CCTV International News)
14:35 2025-04-02
10 Bitcoin ETF products combined for a net outflow of 1,705 BTC
According to on-chain analyst Lookonchain monitoring, 10 bitcoin ETF products have a total net outflow of 1,705 BTC, equivalent to about $146 million, of which the Fidelity bitcoin ETF outflows 1,045 BTC (about $89.24 million) in a single day, and the product still holds 195,888 BTC (about $16.73 billion). Nine Ethereum ETF products have a net outflow of 1,535 ETH (about $2.87 million), and the Bitwise Ethereum ETF has an outflow of 1,363 ETH (about $2.55 million), and currently holds 93,728 ETH...
14:20 2025-04-02
A whale deposited 21.90 million Pnuts worth about $3.33 million into Binance
According to on-chain analyst Lookonchain, a giant whale address deposited all 21.90 million PNUT (worth about $3.33 million) into Binance 50 minutes ago, with a total loss of nearly $5 million.
13:53 2025-04-02
BTC breaks through $86,000
The market shows that BTC has broken through $86,000 and is now reported at $86051.43, with a 24-hour increase of 2.61%. The market is volatile, so please do a good job in risk control.
13:44 2025-04-02
Binance will launch the ATH U standard perpetual contract
According to the official announcement, the Binance contract will list the ATHUSDT perpetual contract at 15:45 (UTC) on April 2, 2025, with a maximum leverage of 50 times. The contract supports a multi-asset margin model with a capped funding rate of ± 2.00% and is settled every four hours.