Although the growth of our foreign trade has been declining ever since last August, the combined growth rate of foreign trade for this January and February is still projected to be around 7 percent.
Commerce Minister Chen Deming said that the imbalance of trade figures between China and the United States is questionable.
The passage of a bill by the US Senate to empower the Department of Commerce to impose countervailing duties on Chinese imports is not in line with the rules of the World Trade Organization.
Import taxes on a large number of consumer and luxury goods will be lowered this year, a former deputy commerce minister told China Daily.
"Given that a considerable amount of Chinese consumers prefer to use cash when purchasing goods, the total overseas spending figure would be astonishing."
Less-developed areas of western China need more policy and capital support from the central government to boost their economic growth and narrow the gap with eastern regions.
Proactive fiscal policies will continue playing a vital part in supporting the development of smaller businesses, despite a slowdown in fiscal revenue growth, China's Finance Minister Xie Xuren said.
Lu Qizhou, president of China Power Investment Corporation, revealed at the annual session the 11th National People’s Congress that the country will build more nuclear power plants and make sure they are efficient and secure.
China is mulling further reforms of property tax and expansion of property tax trials.
A Chinese political advisor refuted commentators' accusations that China's investment conditions are deteriorating.
Enterprises can serve as a main force in scientific innovation, according to Chinese People's Political Consultative Conference (CPPCC) member Jia Chengzao, an academician of the Chinese Academy of Engineering.
China's government debt amounts to about 17.5 trillion yuan ($2.78 trillion), about 43 percent of the country's gross domestic product.
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