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News
- New energy rules in pipeline for gov't buildings
Government office buildings and large public structures will face energy quotas, higher utility rates for overuse and public releases of their efficiency ratings this year, the Beijing News quoted officials with the Construction Ministry as saying yesterday.
- Lottery ban designed to stop fraud
The online sale of lottery tickets was banned yesterday by a circular jointly issued by the Ministry of Finance, the Ministry of Civil Affairs and the General Administration of Sports.
- Non-residents face ban on property purchases
Shanghai municipal government is considering barring non-residents from buying property as investments in the hope of curbing price rises and making homes more affordable to local low- and middle-income families.
- HK groups welcome suffrage decision
Major political groups in the Hong Kong Special Administrative Region (HKSAR) welcomed the top legislature's decision to allow universal suffrage during the 2017 vote for the region's fifth chief executive.
- New deputy chief for central bank
A former assistant governor of the People's Bank of China has been promoted to one of the five deputies of the central bank, Shanghai Securities News reported today.
- China puts quota on grain powder exports
China started a temporary quota policy on the export of wheat, corn and rice powder on Tuesday, in order to guarantee an adequate domestic supply.
- Hubei luminaries fined for flouting family rules
Close to 1,700 officials, celebrities and wealthy people in Hubei Province were exposed and fined for breaking family planning laws last year, the provincial family planning commission has said.
- Policies to cushion impact of new tax law
The State Council publicized over the weekend policies aimed at cushioning the impact of enforcing the unified corporate income tax law.
- Chinese leaders attend Beijing Opera concert
A Beijing Opera concert was held in Beijing Sunday evening at the newly inaugurated National Center for the Performing Arts to celebrate the upcoming New Year's Day.
- Actions ordered to contain inflation
The country's top economic planning body the National Development and reform Commission (NDRC) has urged local authorities to stay vigilant against chain reactions in price hike. The consumer price index, a major gauge of inflation, is likely to climb 4.7 percent in 2007.
- China to elect new State leaders in March 2008
China has decided to convene the first plenary session of the 11th National People's Congress (NPC) on March 5, 2008, during which top state and government leaders will be elected.
- More fiscal revenue goes to social undertakings
Strong economic growth means that fiscal revenues for 2007 will far exceed forecasts made at the beginning of the year, according to a report by the State Council to the top legislature on Saturday. The extra money will be used to improve people's livelihood with education, health care, social security on top of the government work agenda.
- China airs 4 price manipulation cases
China's top economic planning agency publicized four price manipulation cases on Saturday and said it had uncovered more than 70 similar instances during 2007 as part of a nationwide price overhaul.
- Legislature approves minister nomination, adopts bills
China's top legislature closed its weeklong bimonthly session Saturday morning, approving the nomination of the new minister of commerce and adopting a number of bills, including one to raise the country's monthly individual income tax levy threshold.
- Law revised to encourage scientists for innovation
China's top legislature on Saturday adopted an amendment to the Law on Science and Technology Progress, which aims to create a better environment for making innovations.
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