News@ChinabyNumbers

In a rare outburst, Guangdong Communist Party chief Wang Yang publicly criticized provincial officials for failing to meet the challenges of the current economic crisis, according to an article in the Guangzhou Daily. Wang lambasted officials for corruption, excessive red tape and distancing themselves from the masses. Wang said that only a marked improvement in [...]

The National Development and Reform Commission (NDRC) is preparing a new stimulus package to raise salaries and taxable income thresholds for state workers, according to state media. The package, intended to boost consumption, would come from new funds not included in the stimulus package already announced. It is not yet clear how much the new [...]