China can achieve its GDP growth target of "around 7%" this year without any risk of a systemic financial crisis, says top political advisory body.
China's Finance Minister on Friday denied rumor that the government spent 300 billion yuan ($47.9 billion) on public vehicles, receptions and trips.
In a rare media report on Chinese leaders with a human touch, Premier Li Keqiang was described to have "thumped the table" in front of ministers. Some officials "would rather stand idle than do work to prevent making mistakes", Li was quoted as saying in a recent article published on the State Council's website. "They hold onto their posts but make only perfunctory efforts. Aren't they like deadwood?"
The National Development and Reform Commission sets out major economic and social development tasks in 2015 during a news conference Thursday.
Cutting energy intensity was listed as one of the major development goals in the annual government work report delivered by Premier Li Keqiang Thursday.
China's outward direct investment (ODI) will continue to post robust growth this year, evidence of Chinese companies' efforts of going global.
Premier Li Keqiang delivered the government work report to the press ahead of the annual session of the National People's Congress, highlighting the areas that China will make new breakthroughs this year.
The decision on Hong Kong's constitutional reform made on Aug 31 by the Standing Committee of the National People's Congress is "unshakable", Fu Ying, the NPC's spokeswoman, said on Wednesday.