Premier targets public finance, taxation and social concerns
China on Tuesday launched a more market-oriented oil product pricing system to better reflect costs and adapt to fluctuations in global oil prices.
The fifth BRICS summit opened in Durban, South Africa, with President Zuma hosting a banquet for his counterparts of the five-member grouping.
All the factors leading to slow fiscal revenue growth are still at work in 2013, hence the government faces pressure to balance fiscal revenue and spending.
China is likely to import $10 trillion worth of commodities and services in the next 5 years to boost domestic consumption.
China called on EU to prudently handle the ongoing trade dispute over the nation's exports of solar products.
Xi Jinping arrived in South Africa Monday to promote bilateral ties and for a BRICS summit.
The China Food and Drug Administration started operation on Friday, marking a more powerful watchdog to address the country's accumulating food safety concerns.