Since the 1990s, China has gradually formulated a social relief and assistance system underpinned by minimum living allowances and provisions to destitute people as well as special assistance schemes for medical care, education, housing and employment.

The primary cause of small and micro-enterprises’ financing difficulty is due to the fact that banks couldn’t get to know the effective information about their financial conditions, the actual controller status, as well as their production and sales conditions, leading to severe information asymmetry.

With the transformation of China‘s economic development entering the state of new normal, people in various regions have taken "innovation" as the top issue in their daily work.

We should actively prevent and properly handle financial risks and keep money creation mechanism unhindered; relevant policies and supporting measures for reform need to be made to prevent further distortion of resource allocation structure caused by monetary policy.

Its core concept is not "competitive neutrality", but "competitive restriction" on SOEs to some extent.

Great changes have taken place in global innovation pattern, which includes outstanding performances in different aspects.

In the context of overcapacity, China’s steel industry faces two major problems: poor performance of steel companies, and intensified export trade frictions.

A set of relatively complete policy system has been formed in current refined oil consumption-tax system, and it has become one of the most important measures for guiding effective consumption and reducing environmental pollution.