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In 2015, revenue into social security funds nationwide totaled 4.466034 trillion yuan, which is 103.6% of the budgeted figure. This includes 3.251848 trillion yuan from insurance premiums and 1.019815 trillion yuan from government subsidies. Expenditures from social security funds nationwide totaled 3.935668 trillion yuan, which is 102.3% of the budgeted figure. Therefore, social security funds were left with a surplus of 530.366 billion yuan in 2015, and the year-end balance reached 5.700233 trillion yuan after this surplus was rolled over.

1) Investment played the key role in driving economic growth. Strengthening points of weakness and adjusting the economic structure were our primary focus when increasing the level of effective investment. To utilize the construction of major projects to stimulate investment growth, we improved the structure of investment from the central government budget, established and earmarked capital for special development funds, and adopted a wide range of measures to encourage and attract nongovernmental investment. As a result, considerable progress was achieved in the construction of major projects in 11 categories. Total fixed-asset investment for the year rose by 9.8%, of which 64.2% came from nongovernmental sources (excluding rural households).

2) Fiscal, tax, and financial reforms were steadily pushed forward. We made further improvements to the system of transfer payments to local governments, launched reform of the administration system for tax collection, extended the price-based resource tax to cover more types of resources, and registered steady progress in replacing business tax with VAT. Policies promoting the development of inclusive finance, Internet finance, and private banks were published and implemented, floating limits on interest rates on deposits were abolished, and most controls over interest rates were lifted. The deposit insurance system was officially implemented. The mechanism for determining the central parity of RMB exchange rate was improved, and the RMB was included in the International Monetary Fund' s special drawing rights (SDR) basket. Fresh progress was made in the reform of policy-backed financial institutions and developmental financial institutions. Effective measures were taken to prevent the occurrence of systemic financial risks.

SHANGHAI, Feb. 1 (Xinhua) -- A Shanghai court on Monday ordered two food processing plants of a major fast food chain supplier to pay fines and sentenced 10 people to prison terms for producing and selling substandard products in a case exposed in 2014.

The 1992 Consensus clearly defines the nature of cross-Strait ties, and is the basis for the peaceful development of cross-Strait ties in the long run.