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    PROPERTY
    Beijing Locals Awarded Property as Compensation for Eviction to be Considered as...
    According to the Beijing government, residents who have been awarded property as compensation for eviction from their former property, will be considered as existing home owners under new regulations that strictly limit property purchases in the capital. Policy makers also announced that all property transactions that took place after midnight on Feb 17, 2001, will be subject to the new regulation...
    The Beijing News | 2011-03-09
    FINANCE
    Supervisory Body Drafting Regulations Requiring Officials to Make Personal Finan...
    The discipline committee of the central committee of the CPC is in the process of drafting regulations that will require some officials to make their family finances public, Ma Wen, deputy secretary of the Central Discipline Inspection Committee (CDIC) and Minister of Supervision told reporters yesterday. Ma went on to say that, though much progress had been made in the drafting of the new regulat...
    Beijing Times | 2011-03-09
    SPENDING
    Foreign Visits, Vehicle Purchasing, and Event Hosting Expenditures Will be Publi...
    To increase transparency, the central government will publish foreign visit, vehicle purchasing, and event hosting expenditures beginning with expenditures in June of 2010. Gao Qiang, the director of the budget working committee of the standing committee of the National People’s Congress, told the Southern Metropolis Daily.
    Southern Metropolis Daily | 2011-03-07
    SPENDING
    Central Government to Spend Two Thirds of Total Budget on Quality of Life Improv...
    The central government is planning to spend two thirds of their 10 trillion yuan budget on fields such as education, health, social security, and employment. This represents an increase of about 18.1 percent compared to last year, according to the budget report submitted to the National People’s Congress.
    West China City Daily | 2011-03-07
    GOVERNMENT REVENUE
    Local Governments Collect 2.9 Trillion Yuan in Land Grant Fees
    Local governments collected over 2.9 trillion yuan from land grant fees in 2010. This exceeded the projected amount by 113%, according to the budget report submitted by the Ministry of Finance to the National People’s Congress.
    People's Daily | 2011-03-07
    SOE
    Only 20% COE Profits Retained by Companies
    Although centrally owned enterprises (COEs) earn over one trillion yuan in profits, only about 200 billion yuan of these profits flow back to these companies according to Wang Yong, director of the State-owned Asset Supervision and Administration Commission (SASAC). Wang told a reporter from the Beijing News the remaining 80% of COE profits flow to either the central government in the form of taxe...
    The Beijing News | 2011-03-07
    POOR
    Poor County in Chongqing to Construct 1.3 Billion Yuan Airport
    Chongqing's Wushan County plans to invest 1.3 billion yuan to construct an airport so as to promote the local tourism industry. Despite being officially recognized as a national-level "poor county," the Wushan airport project has already been approved by the State Council and construction is slated to begin in 2012.
    People's Daily Online | 2011-03-04
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    Briefs

    Beijing Residents Shaken as Earthquake Strikes Japan
    Beijing residents feel the impact of the earthquake in northeast Japan.
    Source:Economic Observer Online
    China's CPI Up 4.9% in February
    Food prices were up 11% with the average price of vegetables increasing by 15.2 percent
    Source:National Bureau of Statistics
    POLICY
    China Policy Barometer 2011 (Part I)
    A look at what the heads of 23 central government departments view as the most important g...

    Interactive

    What Chinese officials think about government transparency.
    Translations of popular Chinese phrases that reveal something about 2010

    Multimedia

    Take a look back at some of the most important news events that helped shape China in 2010

    E-paper

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