Latest News:  
Beijing   Sunny    16 / 4   City Forecast

Home>>China Politics

China to improve economic legislation: white paper

(Xinhua)

13:21, October 27, 2011

BEIJING, Oct. 27 (Xinhua) -- China will continuously improve legislation in the economic field to promote sound development of the socialist market economy, says a white paper released Thursday by the Chinese government.

The country will further improve legal institutions regarding budget management, fiscal transfer payment, financial risk control and taxation, according to the white paper titled The Socialist System of Laws with Chinese Characteristics released by the Information Office of the State Council, or China's Cabinet.

This is to "meet the requirements of deepening the reforms of the fiscal, taxation and financial systems," says the white paper.

It says that China will, in particular, strengthen taxation legislation and turn taxation regulations made by the State Council on authorization into laws.

In addition, China will also improve laws regarding the state's management and control of economic activities in order to safeguard the country's economic security, according to the white paper.

Email|Print|Comments(Editor:陈乐乐)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Pupils play with pumpkins ahead of Halloween

  2. Hong Kong Open Windsurfing Championships 2011 kicks off

  3. Spotlight on culture of Tujia, Miao ethnic group

  4. Saffron flowers enter harvest season

Most Popular

Opinions

  1. China weighs social security law for foreign workers
  2. Positive factors emerge in Chinese stock market
  3. New energy layout taking shape in China
  4. US motives in Africa questioned
  5. Sharing China's poverty alleviation experience
  6. Does China's space program threaten US?
  7. US cannot export its crisis
  8. Arab Spring: Turbulence or Revolution?
  9. Five highlights expected at EU Summit
  10. Online business order remains in infancy

What's happening in China

Media criticized for take on soccer match

  1. Migrant workers return as entrepreneurs
  2. Homeowners protest over slashed prices
  3. Migrants in Shanghai help fuel baby boom
  4. China delayed birth of seven billionth baby
  5. Wal-Mart stores in SW China reopen after scandal

PD Online Data

  1. Tangerines and oranges
  2. Dried persimmon cake
  3. Guangdong candy
  4. Tangyuan
  5. What do Chinese eat during the Spring Festival?