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BEIJING, Jan. 3 (Xinhua) -- A survey conducted by an information center affiliated to Beijing's commerce bureau revealed that retail sales jumped at more than 3,500 stores in the Chinese capital during the 3-day New Year holiday ending Monday, nearly reaching 2.5 billion yuan (about 378 million U.S. dollars), up 17.1 percent from the same period last year.The Beijing Commercial Information Consultation Center surveyed 3,568 stores in Beijing regarding their sales volumes during the past three days, finding that various holiday promotions had brought notable results, pushing up sales to over 2.49 billion yuan.The survey results also showed that consumers in Beijing were passionate about buying gold, since gold prices have kept rising during the past year. Consumers buy gold for investment purposes or to preserve their personal wealth amid the rising Consumer Price Index.Sales volumes at the Caishikou Department Store, which is famous for its gold products, surged 64.1 percent during this holiday from one year earlier.Besides gold, consumers also showed great interest in rabbit-figured toys and commodities with rabbit pictures on them, as 2011 is the year of rabbit in traditional Chinese culture.
BEIJING, Dec. 25 (Xinhua) -- China's top legislature on Saturday ended its six-day bimonthly session, adopting a revision to the country's Law on Water and Soil Conservation in a bid to better protect the nation's environment.The new law has been expected to help reverse China's serious water and soil losses, which are regarded by the Minister of Water Resources as the country's top environmental problem.Wu Bangguo, chairman of the Standing Committee of the National People's Congress, said at the end of the meeting that the revised law on water and soil conservation would be of great significance to improve the country's capacity in disaster-prevention and improve environmental conditions.Wu Bangguo (C), chairman of the Standing Committee of the National People's Congress (NPC), presides over the closing meeting of the 18th session of the 11th NPC Standing Committee in Beijing, capital of China, Dec. 25, 2010.Also, in Wu's speech delivered at the meeting, he said China has increased its support for areas inhabited by ethnic minorities this year and is striving to alleviate rural poverty in those regions.During the bimonthly meeting, members of the NPC's Standing Committee examined the government's report on medical care system reform.Lawmakers at the session also adopted the decision to hold the Fourth Session of the 11th National People's Congress on March 5 next year.On Saturday, the top legislature approved the Cabinet's nomination of Miao Wei as the new minister of industry and information technology and made several other appointments.Miao, 55, replaced Li Yizhong, 65.Chinese President Hu Jintao signed presidential decrees to enact the revised law and the appointments.

BEIJING, Dec.22 (Xinhua) -- Chinese vice premier Li Keqiang on Wednesday called for a better environment for enterprises to boost innovation and transformation of economic development patterns.Li made the remarks while paying a visit to a national independent innovation demonstration zone in Beijing's Zhongguancun District, which is also known as "China's Silicon Valley".Li visited software firms, research institutes, and communication companies, including China's domestic search engine tycoon Baidu and electronic giant Lenovo."Innovation brings vitality, energy and also profits," he said during the visit.Chinese Vice Premier Li Keqiang (C, front) listens to the introduction of a staff member of the search engine giant Baidu as he visits the national innovation demonstration zone at Zhongguancun in Beijing, capital of China, Dec. 21, 2010. Li made an inspection tour to the zone on Tuesday.As a demonstration zone for independent innovation, Zhongguancun is seen as a powerhouse for Beijing's sustained development, which is important for industrial restructuring and upgrading, and promotion of ecological civilization, Li said."Zhongguancun is filled with energy, youthful spirit, and huge potential, well presenting the unlimited creativity of both China and mankind. With its unique edge, the region should be leading the way of economic restructuring," he said.Li also called for a better environment for enterprise development and more favorable policies to boost scientific creativity, attract the best brains, and achieve top-level results.
BEIJING, Dec. 31 (Xinhua) -- A revised version of China's Regulation on Work-Related Injury Insurance will take effect Saturday, raising compensation standards while expanding the coverage to more organizations.The previous regulation stipulated that the compensation to families of workers who die on the posts is no more than five times the average annual salary in the previous year. The sum varies depending on the regions where the workers are working.Under the current system, the national average compensation is about 100,000 yuan, but the lowest regional average compensation is about 40,000 yuan.The new regulation raises the compensation to 20 times the national annual disposable income for urbanites per capita in the previous year, which means about 340,000 yuan according to 2009 statistics.In addition, the revised regulation covers the country's public institutions, social groups, non-profit grass-root organizations, foundations, law firms and accounting firms.Previously, the rules only include enterprises and small businesses and their employees in the system.
BEIJING, Dec. 28 (Xinhua) -- Chinese Vice Premier Li Keqiang has said finance should play a vital role in the country's macro control policies, while ensuring and improving people's livelihoods should be the priority of public finance.Li, speaking Monday at a national finance work conference, said China would stick to its proactive fiscal policy in 2011 and better handle relations between maintaining steady and relatively fast economic development, restructuring the economy and managing inflation expectations, according to a statement released on Tuesday.The country will also put more focus on stabilizing overall commodity prices and promoting a balance between supply and demand to ensure basic livelihoods for residents, Li said.Chinese Vice Premier Li Keqiang (C) speaks at a national finance work conference in Beijing, capital of China, Dec. 27, 2010. He pointed out that finance should play a larger role in accelerating the transformation of the country's economic development pattern.Fiscal policies should focus on boosting domestic consumption, increasing fiscal and taxation support to innovation, energy saving and industrial upgrading, and deepening the reforms in fiscal and taxation systems to make the systems conducive to the country's scientific development, Li said.China should improve the structure of fiscal expenditure and give fiscal policies full play in adjusting income distribution to improve people's livelihoods, he said.Further, Li said the country would build more affordable housing, step up supervision of the property market, curb speculation and increase its supply of commercial housing.China planned to build 10 million government-subsidized affordable housing units next year, almost doubling this year's target of 5.8 million units.
来源:资阳报