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PEOPLE & POINTS
Weekly Watch> WEEKLY WATCH NO. 28, 2011> PEOPLE & POINTS
UPDATED: July 8, 2011 NO. 28 JULY 14, 2011
Quotes of the Week
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"Big lenders should develop financial products and increase support for small businesses, while city commercial banks, rural banks, rural credit cooperatives and small-loan firms should try to focus their efforts on serving small businesses, rather than focusing on expansion."

Chinese Vice Premier Wang Qishan, at a symposium on financial services to small businesses during an inspection tour in Shijiazhuang, capital city of north China's Hebei Province, on July 1-2

"The social insurance system is a crucial part of the country's social security net, and the Social Insurance Law has established a social insurance system which encompasses the old-age pension, basic medical care insurance, work-related injury insurance and unemployment insurance as well as maternity allowances."

Hua Jianmin, Vice Chairman of the Standing Committee of China's National People's Congress, speaking at the launching ceremony of a week-long national campaign to promote the new law in Beijing on July 4

"Anti-corruption is not simply the internal affair of a single country, but an issue that requires the attention and active response of all countries and their anti-corruption agencies."

Chen Lianfu, Director of the General Bureau of Anti-Embezzlement and Bribery with China's Supreme People's Procuratorate, calling on the international community to actively push forward bilateral and multilateral cooperation in the prevention and fight against transborder corruption during an interview with Xinhua News Agency on July 5

"China has been both more pragmatic and balanced. Given China's increasing role in the global economy, it's time for China's voice to be more strongly heard."

Joseph Stiglitz, a Nobel laureate in economic sciences and a professor at Columbia University, in an interview with Xinhua News Agency on July 5 when attending the 16th World Congress of the International Economic Association held at Tsinghua University in Beijing



 
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