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China's top
planner promises harsh measures on market irregularities
(03/06/2003)
China will continue to implement the market-oriented reform and take
harsh measures to rectify and standardize the order of the market
economy in 2003, said the country's top economic planner.
Zeng Peiyan, minister in charge of the State Development Planning
Commission, told the first session of the 10th National People's Congress
Thursday.
"We will deal severely with illegal and criminal activities such
as manufacturing and marketing fake or shoddy goods, smuggling, distribution
of smuggled goods, and pyramid schemes," he said.
Special campaigns against wrongdoings in the market will continue,
and the central government will come down hard on major economic crimes
and irregularities that seriously endanger the order of the market
economy.
"We will promptly establish systems for enterprise and individual
credit information, so as to develop an honest, credible and lawful
market environment as soon as possible. We will strengthen supervision
and management of production safety to prevent serious accidents,"
the minister said.
In addition, the government will improve the mechanism whereby prices
are determined mainly by market forces under government macroeconomic
regulation. Such systems as holding public hearings on government
price-related decisions, expert reviews, group reviews and supervision
and examination of prices for important goods and services, will be
improved, he said.
"We will speed up the reform of the investment and financing
systems, give enterprises the right to make independent investment
decisions and improve macrocontrol of the country's fixed-asset investment,"
Zeng said.
China's top planner promises harsh measures on market irregularities
(03/06/2003)
China will continue to implement the market-oriented reform and take
harsh measures to rectify and standardize the order of the market
economy in 2003, said the country's top economic planner.
Zeng Peiyan, minister in charge of the State Development Planning
Commission, told the first session of the 10th National People's Congress
Thursday.
"We will deal severely with illegal and criminal activities such
as manufacturing and marketing fake or shoddy goods, smuggling, distribution
of smuggled goods, and pyramid schemes," he said.
Special campaigns against wrongdoings in the market will continue,
and the central government will come down hard on major economic crimes
and irregularities that seriously endanger the order of the market
economy.
"We will promptly establish systems for enterprise and individual
credit information, so as to develop an honest, credible and lawful
market environment as soon as possible. We will strengthen supervision
and management of production safety to prevent serious accidents,"
the minister said.
(Xinhua) |
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