| On October 6th, the General Office of the State Council forwarded the Proposal on Establishing New Construction Regime of Farmland and Water Conservancy issued by the National Development and Reform Commission and other authorities with view to enforcing public financial support to farmland and water conservancy construction and phasing up a long-term effective mechanism that can guarantee its solid development.
On October 10th, seven ministries, including the Ministry of Land and Resources, the Ministry of Agriculture, and the National Development and Reform Commission, jointly issued the Proposal on Further Protection of Farmlands, requiring the establishment of responsibility system for farmland protection in order to ensure total area, farming purpose and high quality of farmlands.
From October 8 to 12, held in Beijing, the 5th Plenary Session of the 13th Central Party Committee of The Communist Party of China heard and discussed the Work Report diliverd by Hu Jintao in the name of the Political Bureau of the CCCPC, and approved the Proposal on the Eleventh Five-Year Plan for National Economic and Social Development of the CCCPC.
On the morning of October 12, 2005, Chinese Shenzhou VI manned spacecraft was launched with two astronauts onboard. During 115-hour and 33-minute flight, the two astronauts completed China¡¯s first human-involved scientific space experiment and then successfully landed spacecraft on October 17 in safety.
The 7th China Hi-Tech Fair was held in Shenzhen.
The National Development and Reform Commission, the Ministry of Construction, the Ministry of Railways, and the Ministry of Communications jointly issued a Notice to guarantee electricity generation and coal supply for residential heating in northern urban area in winter.
At the Seventh G-20 Finance Ministers and Central Bank Governors Meeting held in Beijing in October 15th, President Hu Jintao delivered an important speech of Enhance International Cooperation and Promote Common Development.
A grand celebration for successful construction of Qinghai-Tibet Railway was held in Lhasa.
On October 17th, the Board of Directors of Bao Steel Group, the first standardized one among central enterprise, was unveiled, in which all external directors, up to over half of the total directors formally took their posts.
The Ministry of Finance, the National Development and Reform Commission, the National Audit Office, and the State Grain Administration jointly issued the Notice on Policy-related Grain Finance in State-owned Grain Purchase & Sale Enterprises Separated from the Enterprises.
At the executive conference of the State Council in October 19, Premier Wen Jiabao convene to discuss and approve the State Council¡¯s Decision on Improving Endowment Insurance System of Employees, and exchanged ideas on reform pilot of large-scale collectives affiliated to enterprises in Northeast China.
On October 21st, Vice Premier Hui Liangyu convened the Working Conference of the State Council on Prevention and Control of Highly Pathogenic Bird Flu, stressing on more perfect emergency response system and effective prevention and control. On November 2, Premier Wen Jiabao convened an executive conference of the State Council, focusing on the current epidemic situation of highly pathogenic bird flu, and further prevention and control. On November 6, the State Council held the State Television & Telephone Meeting on Prevention and Control of Highly Pathogenic Bird Flu, conveying the important directive for prevention and control of highly pathogenic bird flu delivered by central leaders, including General-Secretary Hu Jintao and Premier Wen Jiabao, comprehensively analyzing the current epidemic situation, and carrying out national prevention and control again. On November 16, Premier Wen Jiabao convened a working conference of the State Council to discuss and approve in principle the Emergency Response Regulations on Severe Animal Epidemic Situation (Draft), and discuss policies and measures to deal with negative effect on fowl industry development due to bird flu.
At the Large-scale Industrial Enterprises Release 2005, the National Bureau of Statistics announced that Shanghai Bao Steel Group Company, North China Grid Company Limited and China Faw Group Corporation ranked as top three in the aspect of main business income among Chinese large-scale industrial enterprises.
On October 22nd, the General Office of the State Council issued a Notice on implementation of the new system of highway management and maintenance in rural area.
On October 23rd, the National Bureau of Statistics publicized the strongest 100 counties in China, in which Kunshan City in Jiangsu Province, Shunde City of Foshan City in Guangdong Province, and Jiangyin City in Jiangsu Province were placed as top three.
The State Administration of Foreign Exchange issued the Notice on Foreign Exchange Management for Financing Abroad and Investment in China by Domestic Residents through Special Foreign Companies so as to support development of non-public sectors of the economy and high & new technology industry.
On October 24th, Premier Wen Jiabao pointed out when he investigated in Jiangsu Province that the Scientific Concept of Development should be completely carried out in modernization construction, and economic and social development should be implemented based on the principles of people centered and balanced sustainable development.
On October 25th, the National Development and Reform Commission held a press conference, announcing the establishment of the Expert Committee of the Eleventh Five-Year Plan and calling for suggestions and proposals from the public.
On October 27th, China Construction Bank Company Limited took the first to be listed in Hong Kong Stock Exchange as a state-owned commercial bank in China, which indicated that outstanding achievement in the national strategic decision on shareholding reform to state-owned commercial banks.
The 18th Session of the 10th NPC Standing Committee was concluded with approval of newly revised company law, securities law, and the NPC Standing Committee¡¯s decision on revising the law of personal income tax.
On October 28th , Premier Wen Jiabao convened an executive conference of the State Council to analyze Chinese economic and social development in the year, discuss economic programs in the coming year according to the proposal on the Eleventh Five-Year Plan of national economic and social development approved at the Fifth Plenary Session of the Sixteenth CPC Central Committee, and discuss and approve in principle the Labor Contract Law of the People¡¯s Republic of China (Draft).
At the State Seminar on Resource Price Reform, Vice Premier Zeng Peiyan delivered a speech, emphasizing on further resource price reform as a key step to improve socialist market economy system, and an important measure to promote transform of economic growth mode and build a conservation-minded and environment-friendly society.
On November 3rd, Premier Wen Jiabao convened the Fifth Session of the State Informationization Leading Group, discussing and approving in principle the National Informationization Development Strategy 2006-2020.
On November 4th, the State Council issued the Notice on Further Enhancement of Employment and Reemployment Work, which pointed out that the employment and reemployment work in the next few years would still focus on reemployment of laid-off workers during system transfer, and settlement of employees in restructured, system-transferred, and bankrupted enterprises. In the meantime, employment and reemployment of university and college graduates, rural laborers in cities, and farmers whose land was expropriated should be continuing.
The Ministry of Finance recently publicized the Interim Financial Management Measure for Discount Funds of Fixed-Asset Investment within Central Budget. According to this Measure, the Ministry of Finance would motivate and lead social investment to competitive and managing projects that demand the government¡¯s encouragement and guidance in the way of discount.
The Ministry of Commerce and the China Securities Regulatory Commission issued the Notice on foreign capital management involved in equity division reform of listed companies, which allowed foreign investors to make strategic investment in listed companies based on the Guidance on Equity Division Reform of Listed Companies and related regulations on foreign capital acquisition.
On November 7th, the People's Bank of China issued the China Finance Stabilization Report 2005, which stated that China's finance was basically stable, risks due to historical reasons was effectively dealt with, and finance stabilization system was shaped and improved.
When Beijing International Conference on Renewable Energy for Sustainable Development 2005 opened, General-Secretary Hu Jintao emphasized in the written address that exploitation and utilization of renewable energy was vital to deal with increasingly serious energy and environment issues and to realize sustainable development of the human society.
At The State Professional Education Working Conference, Premier Wen Jiabao stressed on promoting professional education with Chinese characteristics so as to cultivate more high-skill talents and high-quality laborers.
China International Mining Industry Conference was held on November 15,2005. In the congratulatory letter for the conference, Vice Premier Zeng Peiyan pointed out that China paid high attention to the development of mining industry and encouraged international cooperation in the industry.
Serious water pollution occurred in the Songhua River due to the explosion accident in Jilin Petrochem Company of China Petroleum & Chemical Corporation on November 23, 2005. Therefore, People's Governments of Jilin Province and Heilongjiang Province initiated the emergency plan for environmental incidents and took measures to ensure the safe water supply for the public.
Premier Wen Jiabao held the working conference of the State Council to study how to strengthen the environmental protection on November 24, 2005, as a result the Decision on Implementing the Scientific Concept of Development and Strengthening Environmental Protection of the State Council was discussed and generally approved.
At the Working Conference of National Exports Processing Areas, Vice Premier Wu Yi stressed on promoting sound development of exports processing areas and upgrading of the processing trade transfer.
State Administration of Taxation promulgated The Collection and Administration Methods of Vehicle Purchase Tax which would be carried out on January 1, 2006.
State Administration of Foreign Exchange firstly issued China International Income and Expenditure Report on November 27, 2005. The report showed that double favorable balances still maintained in China¡¯s current account of international balance of payment, capitals and financial items, and exchange rate between RMB and USD kept stable in the first half of 2005 with promotion on international balance of payment as target.
Premier Wen Jiabao held the working conference of the State Council to discuss the work on agriculture and rural areas of the coming year and to drive restructure of over-productive industries on November 28, 2005.
The People's Bank of China requires related financial institutions to appropriately extend the payment deadline for undue current fund loans of key poultry cultivation enterprises, poultry processing enterprises and designated bird-flue vaccine production enterprises based on actual situations during the bird-flu period, which should be determined by concerned banks.
At the Central Economic Working Conference held in Beijing on November 29-December 1, 2005, Hu Jintao, the General-Secretary of CCCPC, analyzed current international and domestic situation in a whole, entirely summarized economic work of the year, discussed achievements and important experiences in economic and social development during the 10th Five-year Plan period, clearly forwarded the guidance and general requirements to the economic work next year as well as main tasks. The main tasks include stabilizing macro-economic policies, maintaining good momentum of stable and rapid economic growth, and implementing prudent fiscal and monetary policies; stably promoting the construction of socialist new countryside and further settling issues about agriculture, countryside and farmers; comprehensively strengthening self-innovation capability and further pushing the industrial restructuring; greatly saving energies and resources and speeding up the construction of conservation-minded and environment-friendly society; continuously driving the benign international communication and promoting the coordinated development of regional economy; boosting the system restructuring and perfecting mechanism supports to the scientific concept of development; actively performing the mutual-favored and win-win opening strategies for further opening to the foreign countries; and striving to solve the people's most concerned and realistic benefit issues and promote the construction of a harmonious society. Premier Wen Jiabao emphasized the nation's economic situation in his speech, presented major targets and key problems to be solved for development of the economy and society and deployed the economic work for the coming year in details.
At National Development and Reform Working Conference held in Beijing on December 3-5, 2005, Director Ma Kai outlined the development and reform work in this year, reviewed the achievements in the 10th Five-year Plan period, analyzed the economic development environment for the next year, deployed the main tasks of the development and reform in 2006 and introduced key points in compiling the Outlines, the general plan for the 11th Five-year Plan (draft).
On December 4, 2005, the General Office of CCCPC and General Office of the State Council forwarded Proposals on Further Safety Construction of Commission of Politics and Law of the CPC Central Committee and Central Committee for Comprehensive Management of Public Security, expressing the significance, guidance, targets and tasks, work focus and main measures of safety construction.
The first two-year National Economic Survey was successfully completed on December 6, 2005. The State Council's leading group office for the first National Economy Survey and the National Bureau of Statistics issued the Main Data Announcement (No.1) of the First National Economic Survey, No. 2 Announcement was issued on December 14th and No. 3 on December 16th. The 2004 cost accounting was adjusted according to the data from the Survey.
The State-owned Assets Supervision and Administration Commission of the State Council, Ministry of Finance, National Development and Reform Commission, Ministry of Supervision, State Administration of Industry and Commerce and China's Securities Regulatory Commission jointly issued a Notice to specially inspect nine types of the enterprise's transference of state-owned property.
The State Council distributed Decisions on Implementing Temporary Regulations on Promoting Industry Structure Adjustment. National Development and Reform Commission correspondingly promulgated and enacted Industry Structure Adjustment Directive Catalog (2005) with eight aspects of the industry restructuring on December 7, 2005.
Customs Tariff Commission of the State Council disclosed that China will further reduce the import customs tariff of more than 100 tax items involving vegetable oil, chemical materials, automobiles and automobile accessories with a general customs tariff of 9.9% according to China's customs tariff reduction commitment for the entry of WTO on December 13, 2006.
The Decision on Perfecting Enterprise's Employees Basic Pension System of State Council was issued on December 15, 2005.
National Development and Reform Commission, National Energy Office and National Administration of Statistics recently issued a Notice for carrying out GDP energy consumption index announcement system from 2006 on December 16, 2005.
For National Fiscal Working Conference, Premier Wen Jiabao issued important directives on carrying out stable fiscal policies and promoting the stable and rapid development of economy as well as the comprehensive progress of the society on December 19, 2006.
Premier Wen Jiabao held the State Council Working Conference to discuss the issues of obligatory education in rural areas and the reform of rural obligatory education expense guarantee system on December 23, 2005.
The Decision on Company Registration Management Regulation of the State Council was publicized, implemented since January 1, 2006.
The spokesperson of the Ministry of Railway announced the ticket price for temporary passenger trains major at migrate workers will not go up on December 26, 2005.
National Development and Reform Commission decided on raising the natural gas price from the day. The ex-work price of natural gas provided to industry enterprises and urban fuel will be increased by 50 yuan to 150 yuan per kilo cubic meters, and that for fertilizer production enterprises increased by 50 yuan to 100 yuan per kilo cubic meters.
Held in Beijing on December 28-29, 2005, the Central Countryside Working Conference summarized the work of agriculture and rural areas, studied the way to promote the socialist new countryside construction during the period of the 11th Five-year Plan and comprehensively deployed the agriculture and countryside work.
The Standing Committee of NPC approved the Decision on Abolishing the Regulation of the People¡¯s Republic of China on Agriculture Tax on December 29, 2005, which would take place since January 1, 2006.
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