Government pushes new measures to stimulate economy

Article Abstract:

Chinese officials are implementing new stimulus measures in a bid to contain rising pessimism about China's economic prospects. These measures, which include a tax reform package, are aimed at boosting economic activity at a time when the Chinese economy is showing clear signs of a slowdown. Chinese officials are also trumpeting their apparent success in curbing the chronic losses of state-owned enterprises. Many foreign investors, however, remain unconvinced, since Chinese leaders seem unwilling to risk layoffs and social unrest by pushing for a greater restructuring of state enterprises.

China, Public Finance Activities, Government domestic functions, Tax Administration, Taxes, Other General Government Support, National Government Enterprises, Management, Economic aspects, Beliefs, opinions and attitudes, Tax reform, Investors, Government business enterprises, Public enterprises

---

Beijing moves to help protect private enterprise; goal of the constitutional changes is to give small, family-run companies chance to develop

Article Abstract:

China's National People's Congress is planning to make constitutional changes that are aimed at providing its small, family-run private companies with the opportunity to grow into large entities or conglomerates. The decision reflects a break from 50 years of communist policy over private enterprises. The constitutional amendments are seen as a way of bolstering private companies which could ease the growing unemployment problem in China.

Economic Programs, Administration of Economic Programs, Other Justice, Public Order, and Safety Activities, Small Business, Constitutional Procedures, Interpretation and construction, Laws, regulations and rules, Economic development, Constitutional law, Family-owned business enterprises, Family-owned businesses, China. National People's Congress, Constitutional amendments

---

Similar abstracts:

• Abstracts: China may legitimize private enterprise; proposed constitutional change would mean easier access to bank loans
• Abstracts: Government seeks to expand workers program in Asia. Exports to Asia fall sharply: steel sector is among the first to see slowdown
• Abstracts: Co-operative buildings: Buildings that respond to use, new systems to support teamwork, chips in everything - just some ideas for integrating buildings and computing
• Abstracts: Revenue-raising plans fall victim to domestic politics. Indonesia, panel to restructure companies' foreign debt
• Abstracts: Acer to overhaul chip unit. Utek offering may boost Taiwan's hopes: show of local confidence in chip recovery could have wide impact

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.