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China is in the process of reforming its SOEs. These reforms are useful and needed. But, facile statements that ignore industry differences and the terrible track record of capital-intensive near-monopolies of other countries are, at best, misleading.
China is implementing the largest tax and fee cut of recent years, saving enterprises and individuals nearly 1.35 trillion yuan (about 9 billion) in the first seven months of this year. As a trade-off, governments at all levels are told to "tighten their belts".
China is determined to conduct market-oriented reforms, Li said. The Chinese government will make more pragmatic moves in deepening reforms with stronger determination and strength, transform functions of the government, and strengthen intellectual property rights protection and market regulation to build a globally-competitive business environment, he said.
China is catching up as a hub for the world's biggest internet companies, an internet trends report said.
China has published a report on the human rights situation in the US, which exposed Washington's human rights violations in such areas as the prevalence of money politics, rising income inequality and worsening racial discrimination.
来源：资阳报