China’s National People’s Congress (NPC) Standing Committee concluded its latest session in Beijing, greenlighting major policy updates and leadership changes that could shape the nation’s economic and legal landscape. Key decisions included passing a value-added tax law, revising science and tech promotion rules, and updating oversight mechanisms to enhance governance.
In a notable move, Wang Guanghua was replaced as minister of natural resources by Guan Zhi’ou, signaling potential shifts in resource management strategies. President Xi Jinping formally enacted the new laws, while NPC Standing Committee Chairman Zhao Leji oversaw proceedings. The session also set March 5, 2025, as the start date for the next full NPC meeting—a pivotal event for policy watchers.
Internationally, lawmakers ratified extradition treaties with Zimbabwe and Suriname, strengthening China’s global legal cooperation. Closer to home, new members were appointed to Macao’s Basic Law Committee, ensuring alignment with national policies.
With these updates, China continues to refine its legislative framework, balancing domestic priorities with global partnerships. Stay tuned as these changes unfold!
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Key decisions included passing a value-added tax law, revising science and tech promotion rules, and updating oversight mechanisms to enhance governance.
