10 under compulsory measures for misreporting in central China explosion

08:26, December 24, 2019

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  China outlines measures to keep employment stable

  BEIJING, Dec. 24 (Xinhua) -- China has outlined a string of measures to keep the employment market stable.File photo: internetSupportive fiscal policies to reduce enterprises social security burdens and encourage on-the-job training will be extended for another year, the State Council, Chinas cabinet, said in a guideline.Financial support will also be stepped up for private, micro and small firms.Services with strong job creation potential such as housekeeping, elderly care and tourism will be boosted, while multiple means of employment will be facilitated.China will launch an extensive employment skills training campaign, and improve the employment information monitoring system to serve employment-tracking and employer-employee match-making, the guideline said.

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  Top 10 news events of 2019 in China

  The People's Republic of China marked the 70th anniversary of its founding on October 1. Chinese President Xi Jinping addressed the National Day parade at Tian'anmen Square, where more than 200,000 troops and civilians joined the celebration activities in Beijing.The 19th Central Committee of the Communist Party of China (CPC) held the fourth plenary session from October 28-31 in Beijing. The plenum adopted the CPC Central Committee's decision on some major issues regarding how to uphold and improve the system of socialism with Chinese characteristics and advance the modernization of China's system of governance.An education campaign themed staying true to our founding mission among all members of the CPC Central Committee has been carried out nationwide since it was launched on May 31.The central government will continue to firmly support the HKSAR government in accordance with the law, safeguard the well-being of the people in Hong Kong by stopping riots, and unswervingly promote national sovereignty, security and development benefits.China's Chang'e-4 probe successfully landed on the far side of the Moon at 10:26 am on January 3. It is the first-ever soft landing by a spacecraft in the uncharted area.China's first domestically built aircraft carrier, the Shandong, named after Shandong Province in east China, was delivered to the People's Liberation Army (PLA) Navy and placed into active service at a naval port in Sanya, south China's Hainan Province, on December 17.China's massive cuts to taxes and fees saved enterprises and individuals nearly 1.97 trillion yuan (about $280.73 billion) in the first 10 months of the year. Total tax and fee cuts this year are expected to reach 2 trillion yuan, accounting for over 2 percent of GDP.Macao Special Administrative Region (SAR) celebrated its 20-year anniversary of its return to the motherland on December 20. In Chinese President Xi's speech at a gathering to mark the occasion, he hailed patriotism as the reason for Mac...

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  China conducts new central bank bills swap

  File photo: XinhuaBEIJING, Dec. 25 (Xinhua) -- The Peoples Bank of China, the central bank, has conducted the 7th central bank bills swap (CBS) operation to improve the liquidity of perpetual bonds issued by commercial banks.The CBS, valued at 6 billion yuan (about 857 million U.S. dollars), are open to primary dealers for bidding at a fixed rate at 0.1 percent, the central bank said in a statement.The swap will be due on March 24, 2020, the statement showed.The CBS scheme allows dealers to swap the perpetual bonds they hold for central bank bills, which will effectively boost market demand for perpetual bonds but have a neutral impact on liquidity in the banking system.Perpetual bonds are fixed-income securities with no maturity date and are not redeemable but pay a steady stream of interests forever.