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China's decision to lower the rates of social security contributions paid by employers, part of a broader effort to reduce corporate burden, has been lauded by entrepreneurs and experts for shoring up growth and employment.
China's consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year-on-year in June, the National Bureau of Statistics (NBS) said Monday.

China's cross-border e-commerce trade (including retail and B2B) reached 7.6 trillion yuan (.12 trillion) last year, according to iiMedia Research, a market consultancy. It has estimated the figure will hit 9 trillion yuan this year.
China's fledgling cold chain logistics market is expected to reach 470 billion yuan (.5 billion) by 2020, with a compound annual growth rate surpassing 20 percent, according to the China Federation of Logistics and Purchasing.
China's economic relationship with the region has deepened in the past decade, and the improved trade is the most obvious indicator of the closer relationship, the research house highlighted.
来源:资阳报