Government Updates
China encourages banks to extend loan period for small firms
China's lenders have been urged to be flexible and innovative concerning loan repayment from smaller firms. The China Banking Regulatory Commission (CBRC) said Friday it is trying to help small firms facing financing difficulties by extending the loan period.
Read morePermanent Shanghai ID card for residents living there 7 years
People who have lived for an accumulated seven years in Shanghai, China's economic hub, may have the chance to obtain a permanent ID there, said Shanghai mayor Han Zheng, on Saturday.
Read moreOfficial: China's medical insurance to cover all urban residents this year
All unemployed urban residents in China will have access to medical insurance this year as the country plans to expand the coverage of an insurance scheme to all cities and towns, according to a government official Saturday.
Read moreDeath toll in north China coal mine blast jumps to 74
The death toll in north China's coal mine blast rose to 74 as of 6 p.m. Sunday after one more body was retrieved from the shaft, the rescue headquarters said.
Read moreParty to strengthen supervision over leading officials
A senior official of the Communist Party of China (CPC) has called for strengthening education among and supervision over leading officials to make them role models in anti-corruption drive.
Read moreChina's tax revenue up 18.8% in 2008 but slows in 2nd half
China's tax revenue climbed 18.8 percent year-on-year to 5.42 trillion yuan (792.68 billion U.S. dollars) in 2008, the Ministry of Finance said Friday.
Read moreChinese vice premier pledges "active" use of foreign investment through crisis
Vice Premier Wang Qishan has encouraged foreign investors to have faith in China's development, saying the country would "actively" use overseas investment.
Read moreEconomist: China to post 8% GDP growth this year
Lian Ping, chief economist of Bank of Communications, China's fifth largest commercial lender, said Sunday that the Chinese economy is expected to pick up speed starting from the second quarter this year.
Read moreChina notified UN agencies in China and embassies of recent human bird flu cases
China notified UN agencies in China and embassies of recent human bird flu cases
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