No. 345, Dec. 10(2)
Queues of Hopefuls at Beijing’s “Dream Factory”
Cover-- human interest
Martial art experts, waiters, technicians, and construction laborers are among those gathered at the entrance of Beijing’s film sets day after day in hopes of gaining a role as an extra in commercials, television dramas, and films. Those of the beipiao (northern drifts) community come in search of fame and wealth; and while some become success stories, most end up waiting for years only to get meager payment for insignificant roles.
Full English translation forthcoming
Original article: [Chinese]
Set the Tone for Macro-Economic Measures
News, page 3
The just-concluded Central Economic Work Conference held in Beijing has set the tone for next year’s macro-economic controls and objectives. The government will implement firmer fiscal policy and tighten monetary control to tackle an overheating economy and curb inflation. The conference also proposed drin up excess liquidity through stringent control of credit and increasing flexibility in the yuan's exchange rate.
Original article: [Chinese]
Enhanced Transparency in Budget Planning
News, page 4
The Chinese State Treasury has increased the number of Central agencies requiring earlier submission of next year’s budget proposal for higher scrutiny from 40 to 50. It also called for the National Congress' Standing Committee to start screening and rectifying problematic budget proposals by early January 2008, ahead of past years’ deadline. The move is aimed at improving management and inspection workflow, and enhancing transparency.
Original article: [Chinese]
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