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BEIJING - Many small and medium-sized enterprises (SMEs) in China have been held back from achieving their full potential by the hurdles they have had to navigate to obtain loans. Following lawmakers' second reading of a draft amendment to the law on the development of SMEs, which contribute the majority to the country's GDP and job creation, things are -- at last -- looking up. Panel discussions on the draft revision were held Tuesday on the last day of the bi-monthly session of the National People's Congress (NPC) Standing Committee. Generating about 60 percent of GDP and 80 percent of jobs, SMEs have emerged as important pillars that support both the economy and social stability, said Zhang Jingqiang, executive president of China Association of SMEs. "The revision is encouraging news for SMEs and will have a profound impact on the country's economic health," he added.
BEIJING - The average life expectancy of Chinese citizens rose from 77 years in 2018 to 77.3 years in 2019, according to statistics released by the Chinese National Health Commission on Saturday.
BEIJING -- China's national weather observatory on Saturday renewed a blue alert as Typhoon Haikui continues to bring gales to the South China Sea.
BEIJING -- China has endeavored to raise public awareness of the rule of law and comprehensively govern the country by the rule of law, said a white paper issued by China's State Council Information Office on Friday.
BEIJING -- Business leaders around the world have expressed confidence in China's leading role in the global supply chain in an increasingly interconnected world economy.
来源：资阳报