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Official new outlets must tell Chinese stories well to the outside world and make the Chinese voice better heard, Xinhua said.
Looking back over the last five years, it is clear that the reform and development of public finance work in China has reached a new level, and that its role as the foundation of the country's governance has been effectively utilized. We constantly deepened the reform of the budgetary management system, made systematic headway in replacing business tax with VAT and in reforming excise tax and resource tax systems, and achieved major progress in building a modern fiscal system over five years of continuous refinement. In exercising macro regulation through fiscal policy, we paid great attention to keeping market expectations stable, unleashing internal forces for driving economic growth, and promoting structural improvements, and helped achieve a better-quality, higher-efficiency, and steadily operating economy by relying more heavily on market forces and adopting more reform measures. The wellbeing of our people has seen continual improvements, and we increased spending in related areas while working hard to improve related expenditure policies and institutional arrangements, emphasizing their public nature as well as increasing their sustainability. We established a general institutional framework for the management of local government debt, developed a clear picture of total outstanding debt, and carried out the systematic replacement of a portion of outstanding debt to ensure better overall control of debt-related risks.
BEIJING, Feb. 4 (Xinhua) -- China's top disciplinary body warned of corruption risks after finishing inspections at 31 state entities on Thursday, including around 20 centrally-governed financial institutions.
"Recently, the yuan has appreciated significantly against both the U.S. dollar and the basket of currencies, showing its value can rise and fall," he wrote.
China will continue to adjust the structure of foreign trade, and raise its exports to a higher level, he said.
来源：资阳报