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Domestic VAT revenue was 2.099682 trillion yuan, which is 97.7% of the budgeted figure. This shortfall was mainly due to the continuous decline in the producer price index (PPI). Revenue from domestic excise taxes stood at 1.054216 trillion yuan, which is 94.1% of the budgeted figure. Revenue fell short of the budget primarily because the real revenue from higher excise taxes on cigarettes and refined oil products were lower than expected. Revenue from VAT, excise taxes, and customs duties on imports amounted to 1.507151 trillion yuan, which is 82.4% of the budgeted figure. This discrepancy was mainly due to the fall in both the prices and total volumes of imported commodities. Corporate income tax revenue was 1.763923 trillion yuan, which is 102.9% of the budgeted figure. Individual income tax revenue was 517.089 billion yuan, which is 106.2% of the budgeted figure. VAT and excise tax rebates on exports came to 1.286702 trillion yuan, which is 105% of the budgeted figure. Non-tax revenue totaled 699.691 billion yuan, which is 163.9% of the budgeted figure. This surplus was mainly attributable to an increase in the profits turned in by some enterprises directly under the central government and some financial institutions.

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Saturday congratulated Hung on becoming the KMT chairperson, expressing hopes for the CPC and the KMT to continue to stick to the 1992 Consensus and fight against "Taiwan independence".

China is a contributor to global recovery, rather than a trouble maker.

Based on extensive media reports both inside and outside the U.S., and interviews of many human rights experts from China, the U.S., France, Canada, Russia and Switzerland, the 45-minute TV program revealed the U.S. trampling on American people's human rights in all walks of life.

The committee also endorsed the reports on the drafts of the 2016 national economy and social development plan and the 2016 central and local budgets.