China's fiscal revenue increased by 1.3 percent from the previous year to reach 21.97 trillion yuan (US$3.05 trillion) in 2024, according to data from the Ministry of Finance. A closer look at the ...
Hence, the local government is considered penny wise but pound foolish, wise and clever in saving small numbers of money but unwise (foolish) and wasteful with large sums. In Chinese, we use a similar ...
Beijing, briefly referred to as Jing, is the capital city of the People's Republic of China (PRC). It is one of the four municipalities of the PRC, which are at the same administrative level with ...
BEIJING, Jan. 7 (Xinhua) -- The General Office of the State Council has released a set of guidelines to promote the high-quality development of government investment funds, covering an appropriate ...
South China's Guangdong Province on Wednesday released its 2025 Government Work Plan, focusing on 12 major tasks. These include the consolidation and enhancement of Guangdong's leading position in ...