China's R&D expenditure up 14.2% in 2021

In 2021, China's R&D expenditure rose 14.2% year on year to 2.79 trillion yuan, accounting for 2.44% of its GDP, said an official at a press conference Friday.

February 25, 2022

Chinese mainland's sci-tech cooperation with Hong Kong and Macao makes advances

Efforts to promote the integration of science and technology innovation in Hong Kong and Macao into the national innovation system have made advances, an official with the Ministry of Science and Technology (MOST) said Friday.

February 25, 2022

China's high-tech zones show strong growth momentum in 2021

China's national high-tech zones have shown strong anti-risk ability and growth momentum, a Chinese official said at a press conference on Friday.

February 25, 2022

China to boost green shift in cities and villages: Ministry

China will facilitate the green shift in urban and rural construction amid the country's efforts to achieve its carbon neutrality and carbon peaking goals, the country's housing authorities said at a press conference on Thursday.

February 25, 2022

China to increase affordable rental housing supply: Ministry

China will work to expand the supply of affordable rental housing as part of efforts to resolve housing difficulties, said the country's housing authorities at a Thursday press conference.

February 25, 2022

China's housing ministry pledges to keep real estate market stable

China's housing authorities said on Thursday that the real estate sector will not be leveraged as a short-term means to stimulate the economy.

February 24, 2022

China makes progress in consolidating poverty alleviation: Official

China's poverty alleviation achievements in 2021 have been consolidated and expanded amid efforts to prevent a mass return to poverty, an official said Wednesday.

February 24, 2022

China's grain output tops 650B kg for 7 consecutive years

China's grain output has remained over 650 billion kilograms for seven years in a row, said Minister of Agriculture and Rural Affairs Tang Renjian at a press conference Wednesday.

February 23, 2022

China allocates 9 billion yuan for innovation, entrepreneurship of SMEs

From 2018 to 2022, China's central government allocated 9 billion yuan for helping small and medium-sized enterprises (SMEs) to upgrade their innovation and entrepreneurship capacities, said Vice Minister of Finance Yu Weiping during a press conference Tuesday.

February 23, 2022

China to step up tax, fee cuts to support market entities

China will intensify tax and fee cuts with targeted measures in 2022 to bring benefits for market entities and bolster economic growth, according to the Finance Ministry on Tuesday.

February 23, 2022

China to roll out supportive measures for SMEs

China will roll out targeted measures to help small and medium-sized enterprises (SMEs) tide over difficulties, a senior official with the Ministry of Finance said Tuesday.

February 23, 2022

China cuts taxes, fees by 8.6 trillion yuan in 6 years

China reduced a record 8.6 trillion yuan in taxes and fees since 2016, said Vice Minister of Finance Xu Hongcai during a press conference Tuesday.

February 22, 2022

Market regulator ups efforts to optimize management of enterprises' credit risks

China is ratcheting up efforts to promote the classification management of enterprise credit risks, as part of a broader drive to make supervision fairer and more efficient and create a better business environment for all market entities, the country's top market regulator said on Tuesday.

February 16, 2022

China to implement category-based management of corporate credit risks

China will attempt to fully implement the category-based management of corporate credit risks in its market regulation system within three years, the State Administration for Market Regulation (SAMR) said on Tuesday.

February 16, 2022

China to raise efficiency in regulating corporate credit risks

China will raise efficiency in regulating corporate credit risks by implementing a category-based management system in about three years, said a market regulation official at a policy briefing Tuesday.

February 16, 2022

China to step up safety supervision

China will ramp up its efforts in safety supervision and reduce major risks in key areas through 2025. No extremely serious accidents have been reported for 28 consecutive months, which set a new record.

February 15, 2022

Aerial disaster response work to be upgraded

China will endeavor to strengthen its airborne disaster response capabilities during the 14th Five-Year Plan (2021-25) period as it makes sustained efforts to improve its emergency response system, the Ministry of Emergency Management said on Monday.

February 15, 2022

National medical bulk-buy program to be expanded

The expanding list of drugs and medical consumables included in China's bulk-buy program is expected to cover traditional Chinese medicines and more orthopedic and dental implants this year, the National Healthcare Security Administration said on Friday.

February 14, 2022

Bulk purchasing of medicine helps slash China's medical bills

China's reform of centralized volume-based procurement of drugs and high-value medical consumables has helped save the country and patients over 260 billion yuan (US$40.86 billion) over the past three years, according to an official at an SCIO press briefing.

February 11, 2022

China to deliver improved community services to both urban, rural dwellers

As China charges full steam ahead to achieve the macro-level goals set for the 14th Five-Year Plan period (2021-2025), it has also pledged to deliver ever-improving community services to the doorsteps of both urban and rural dwellers.

February 10, 2022