SHANGHAI -The top decision-making body of the Chinese parliament said on Saturday it will roll out a pilot real estate tax in some regions, the official Xinhua news agency reported..
SHANGHAI (Reuters) - China has passed an education law that seeks to cut the twin pressures of homework and off-site tutoring in core subjects, the official Xinhua news agency said on Saturday. Beijing has exercised a more assertive paternal hand this year, from tacking the addiction of youngsters to online games, deemed a form of spiritual opium , to clamping down on blind worship of internet celebrities. China s parliament said on Monday it would consider legislation to punish parents https://www.reuters.com/world/china/china-drafts-law-punish-parents-childrens-bad-behaviour-2021-10-18 if their young children exhibit very bad behaviour or commit crimes. The new law, which has not been published in full, makes local governments responsible for ensuring that the twin pressures are reduced and asks parents to arrange their children s time to account for reasonable rest and exercise, thereby reducing pressure, said the agency, and avoiding overuse of the internet. In recent months, the
The China Iron and Steel Association said on Saturday that industry players must ensure supply, while keeping prices stable in what is a complex, volatile, unstable and uncertain market.
China plans to reform the way banks calculate deposit rates, setting new ceilings of up to 75 basis points above the benchmark rate for some lenders, sources said.
China plans to reform the way banks calculate deposit rates, setting new ceilings of up to 75 basis points above the benchmark rate for some lenders, sources said.