News

Misuse of funds, fraud uncovered by audit
December 29, 2022
Problems found in an audit of key funds and projects last year involving the misuse of about 663 billion yuan ($95 billion) have been mostly rectified, according to a report delivered to the ongoing session of the country's top legislature.
Positive progress seen on Yangtze River protection
December 29, 2022
China has made positive progress on Yangtze River protection since the Yangtze River Protection Law was put into effect more than a year ago, according to a report submitted to the ongoing session of the National People's Congress (NPC) Standing Committee for review Wednesday.
Lawmakers meet to review multiple reports
December 29, 2022
The Standing Committee of the National People's Congress (NPC), the top legislature, held a plenary meeting on Wednesday to hear and deliberate multiple reports.
Draft law on financial stability submitted to top legislature for 1st reading
December 28, 2022
A draft law on financial stability was on Tuesday submitted for its first reading to the ongoing session of the Standing Committee of the National People's Congress, the top legislature.
China mulls strengthening Qinghai-Tibet Plateau biodiversity protection through legislation
December 28, 2022
China is considering intensifying the ecological security and biodiversity protection of the Qinghai-Tibet Plateau through new legislation.
Draft revision to wildlife law reviewed
December 28, 2022
Highlighting the importance of curbing the presence of invasive species, a recent draft amendment to the Wildlife Protection Law states that wild animal species introduced from overseas must not be illegally released or abandoned.
Lawmakers to review draft VAT law
December 28, 2022
A draft law on value-added tax (VAT) was submitted Tuesday for its first reading at the ongoing 38th session of the Standing Committee of the 13th National People's Congress.
China mulls revising company law to improve corporate system
December 28, 2022
Lawmakers are mulling a draft revision to the country's Company Law to improve the corporate system, with rules for greater responsibility for shareholders and better corporate governance.

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