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The Chinese economy began a new round of rapid growth in 2002, thanks to the profound changes in both the mode of development and the mode of system.

The State has visibly strengthened policy support for agriculture, peasants and the rural areas since the beginning of 2004.

The year of 2004 was a year of extraordinariness.

The process of China’s urbanization has always been accompanied by large-scale land nationalization.

Since 1980s, the reform of the monopoly industries has become an international trend, which is in the direction of relaxing control and introducing competition into such fields as may allow of competitions.

The rapid growth of the heavy and chemical industries is the most striking phenomenon of the new round of economic growth.

After the policy to carry out tax sharing system reform in 1994 was implemented by the State, an extraordinary increase of tax revenue at various localities in 1993 was witnessed.

Now, two years later, the problems not only still exist, but also become more serious, with endless market disputes, continuous emergence of investment risks and a sea of red-lights given by the regulatory agencies.