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At a Glance
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No monopoly
BEIJING: The Chinese Government is determined to break the monopolies in such sectors as civil aviation, railroad, banking and others, Li Rongrong, minister in charge of the State Economic and Trade Commission, said in Beijing on Saturday.
China is going to further rectify the market order and institute a mechanism for fair competition in the next five years and State enterprises will determine on their own how many workers they should employ to meet their own need, Li said.
Jobless rate
BEIJING: While encouraging the development of high-tech industries in the next five years, China is also going to provide more support to labour-intensive service industries, including private businesses, in an effort to keep the unemployment rate below five per cent, top labour official Zhang Zuoji said on Saturday.
Zhang put the 2000 unemployment rate at 3.1 per cent.
Gene resources
BEIJING: An NPC deputy from Shanghai called for the making of a law on protecting gene resources from flowing out of the country.
Zhang Zhongli, president of the Shanghai Academy of Social Sciences, said China, like many other developing countries in the world, has preserved many unique gene resources because of a less mobile population that allow genes of different tribes exchanging and regrouping in small scales.
These unique gene spectra are rare resources, he said.
Credit-based economy
BEIJING: Members of the CPPCC, who are in session in Beijing, have urged building up a credit-rating system to curb rights infringements, frauds and chain debts, on eve of China's entry into the WTO.
“A credit system is a foundation stone for a modern market economy," said Wu Jinglian, a well-known Chinese economist. China's socialist market economy is nothing but a modern market economy and therefore, the country should speed up the pace of setting up a credit system, he noted.
Urbanization
BEIJING: Members of the Ninth National Committee of the Chinese People's Political Consultative Conference (CPPCC) expressed their confidence that urbanizing rural areas will forcefully push forward China's national economic development.
Member Huang Guancong pointed out, rural urbanization can not only ease the pressure of surplus labour in rural areas, increase farmers' income and promote agricultural structural adjustment, but also curb the flow of rural labourers into big cities and help stimulate national economic development.
A survey shows that China has built more than 55,000 small cities and towns, turning 100 million rural residents into urbanites. The Chinese Government has decided to construct 10,000 more key small cities and towns early this century, for the purpose of boosting rural development.
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