Chinese authorities have punished some 5,600 government officials for involvement in fiscal violations, the country's top auditor said Tuesday.
Han Xiancong, former vice chairman of the Political Consultative Conference of east China's Anhui Province, was prosecuted for bribery and abuse of power, according to an announcement from the Supreme People's Procuratorate on Tuesday.
To further reduce the debt burden, an official suggests expanding local government bond swap into commercial bond.
A number of positive factors will gradually gain traction in 2016, although downward pressures on growth such as overcapacity, profit deceleration and rising nonprofit loans will persist, according to a research report from the People's Bank of China.
With incomes rising, three 'great forces' transforming the country's marketplace - especially e-commerce
China will roll out measures to reduce its property inventory and stabilize its ailing housing market, according to a statement released on Monday after a key policy meeting.
A Shanghai deputy mayor was given a "serious warning" for attending a banquet that had been paid for with public funds, China's top corruption watchdog said on Monday.
China will make its monetary policy more flexible and expand its budget deficit in 2016 to support a slowing economy.
The new definition covers assertations or activities that infringe personal and property rights with political and ideological purposes.
All financial institutions in China are required to have their inner network connected with the Supreme People's Court (SPC) by the end of December.
A deputy mayor in South China's Fujian province has been removed from his post for playing golf, the anti-graft authority of the Communist Party of China (CPC) revealed Monday, among other cases.
China will continue to improve its opening up to the outside world, according to a statement issued Monday after a key economic policy meeting.