China Economic ReviewAround two-thirds of construction projects in China fail to meet industry standards and regulations, said the Minister of Construction, Yu Zhengsheng. Violations range from misuse of licences and unregistered developments to substandard work and shoddy materials, reported South China Morning Post. An investigation by the ministry of 274 major construction projects found that a third […]
A pilot social security system being run in Liaoning province has run short of money, forcing the government to divert funds budgeted elsewhere and hampering other reforms, Wall Street Journal said. The reason for the shortage of funds is that planners overestimated the ability of state enterprises to pay their contributions and failed to create […]
The government has put forward a five-year plan to build a major cashmere production and processing centre at Linhe in Inner Mongolia, Meat News said. The number of sheep in the area will be increased from 600,000 to 6m on land that was previously arable. By the end of the five-year period, the centre is […]
Central and local government will spend Yn55.5bn over the next decade to reduce pollution in the Bohai Sea off China's northern coast, South China Morning Post said. The Bohai Sea receives 25bn tonnes of polluted water annually from the Yellow, Liao and several smaller rivers that are considered to be among the most polluted in […]
The government has allocated Yn540m in treasury bonds to improve mining safety standards, Xinhua reported. The funds will be used to upgrade the safety systems of 81 major coal-mining enterprises. In a related move, the central government has removed the right of local governments below provincial level to licence mining operations. The measures came after […]