Ministers Provide More Insights Into Policies at China's Two Sessions
Yicai Global
/SOURCE : yicai
Ministers Provide More Insights Into Policies at China's Two Sessions

(Yicai Global) March 13 -- A fourth ministerial press conference for China's Two Sessions, the annual meetings of the national legislature and top political advisory body, was held in Beijing yesterday.

Thirteen ministers attended the briefing and answered 89 questions from 66 journalists and online viewers, covering intellectual property rights, tax cuts and efforts to reduce the academic pressure on students.

China leads the world in afforestation, or the creation of new forests, with coverage of 800,000 square kilometers, said Zhang Jianlong, director of the National Forestry and Grassland Administration.

The country's intellectual property import royalties topped CNY230 billion (USD34.3 billion) last year, an annual increase of more than 20 percent, according to a survey. Exports rose 15 percent to CNY37 billion, showing rapid growth, said Shen Changyu, head of the State Intellectual Property Office.

China will professionally integrate state-backed companies to improve resource allocation efficiency and marketization and play up advantages, noted Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission of the State Council.

Tax Cuts

Total tax cuts for the four months from last October to this January amounted to nearly CNY200 billion. Eighty million people were removed from the obligation to pay any personal income tax, according to Wang Jun, director of the State Administration of Taxation.

To improve food and drug safety, China will use strict standards and regulatory measures, impose severe penalties and insist on accountability, said Justice Minister Fu Zhenghua.

Minister of Human Resources and Social Security Zhang Jinan promised timely and full payment of pensions.

China will pay close attention to upgrading and renovating old water supply projects, and protect rural water sources to ensure farmers have access to enough good-quality water, said E Jingping, the minister for water resources.

China will achieve unified accounting of gross domestic production figures next year, according to a prediction made by Ning Jizhe, head of the National Bureau of Statistics.

The state will put education before punishment when handling minors who commit crimes, said Tong Jianming, the deputy procurator general of the Supreme People's Procuratorate.

Legal Protections

The Supreme People's Court will work hard to build a long-term mechanism to avoid wrongdoing, improve the litigation process, respect and protect the rights of parties and lawyers, and ensure the exercise of judicial power, according to Jiang Bixin, the court's vice president, hoping to use laws to protect entrepreneurs and companies through a series of measures.

Chen Baosheng, minister of education, promised to reduce the academic load on students. The ministry will, through comprehensive management, strictly control course categories and total class hours, content and level of difficulty.

The Ministry of Natural Resources will address the efficiency issue of real estate registration, noted the minister, Lu Hao.

The Ministry of Housing and Urban-Rural Development will fully implement garbage classification in cities above prefecture level from this year, Minister Wang Menghui said.

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Keywords: Two Sessions , man-made forest , intellectual property right , Tax Deduction , medicine regulation