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The legislative power represents one of the most important functions and powers of the NPC. Following its submission of the draft revisions of the Legislation Law to the Third Session of the 12th NPC for deliberation in 2015, this year the Standing Committee has submitted the draft of the Charity Law to this session for deliberation on the basis of thorough preparations. The drafting of the law was overseen by the Internal and Judicial Affairs Committee. The Standing Committee has deliberated the draft twice, solicited comments from the public on two separate occasions, and made careful revisions accordingly before submitting it to this session for deliberation.
"Looking at the data for the first two months of the year together, credit growth remains on a rapid upward trend, and the government is targeting a faster credit expansion for 2016 as a whole. Industrial output data for January and February, slated for release Saturday, will be critical in determining the immediate policy outlook," he said.
Some observers said the root cause of the sweeping drops was that economic fundamentals in the West failed to support a prolonged gaining market fueled by a flood of liquidity since 2008.
China is opposed to the nuclear test and satellite launch by the Democratic People's Republic of Korea (DPRK) and supports efforts at the UN Security Council to pass a new and forceful resolution as soon as possible. However, sanctions are not an end in themselves and a fundamental solution still has to be found through dialogue, he added.
2) Main expenditure items
来源：资阳报