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China disposed of a total of 2 trillion yuan (around 8.75 billion) of non-performing loans last year, Huang Hong, vice-chairman of the China Banking and Insurance Regulatory Commission, told a press conference Monday.
China could have the option to cut its value-added tax rate this year as part of its proactive fiscal policy to bolster its real economy with the country set to register higher fiscal revenue growth in 2017, a researcher suggested.
China has attached more importance to the quality of growth in recent years. Xi Jinping, general secretary of the Communist Party of China Central Committee, said on Wednesday during the Party's 19th National Congress that the country "has been transitioning from a phase of rapid growth to a stage of high-quality development".
China boasts vast resources of onshore and offshore wind energy. It plans to install 30 gigawatt of offshore wind power capacity by 2020, from the 5 GW at the end of 2015, according to the National Energy Administration. It is also readying to build seven large-scale wind power generation plants in Gansu, Hebei, Jilin and Jiangsu provinces, and the Xinjiang Uygur and the Inner Mongolia autonomous regions in 2020.
China has more than 3,100 government-run libraries and around 50 public libraries set up by citizens, enterprises and public institutions, social groups and other organizations, according to the Ministry of Culture.
来源：资阳报