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China's environmental policies are designed to reduce air pollution and carbon emissions. But they are not limited to replacing coal and oil with natural gas. China tops countries with renewable energy capacity, in terms of wind, solar and hydropower.
China's economic performance had remained generally stable against the backdrop of a complicated environment and continued to be a highlight of the global economy, he said. However, it was important to keep unfavorable external factors in mind as the country's development faced multiple challenges.
China's huge domestic consumption potential has become its new comparative advantage, and that's why the country seeks the new development pattern to benefit itself and the rest of the world, said Yao Jingyuan, a research fellow at the Counsellors' Office of the State Council.
China's first personal bankruptcy rule will come into effect in Shenzhen, Guangdong province, from March 1 next year and will provide a way out for "honest and unfortunate" individuals saddled with debt they cannot pay off, an official statement said on Thursday.
China's effort to reduce the corporate tax burden has played a positive role in boosting economic growth, experts said on Wednesday, calling on the government to further deepen tax reform to cushion the potential impact of US President Donald Trump's proposal for massive corporate tax cuts.
来源：资阳报