http://english.gov.cn/policies/latest_releases/2018/08/28/content_281476279632238.htm Blog written: 24/04/2019 During the 1970’s China’s government promoted the Rural Cooperative Medical Scheme (RCMS), which is a 3 tiered system for rural healthcare access, to ensure access to basic healthcare among the rural population. However, as a result of the market economic reforms in the 1980s, this shifted from a communal to a household production system leaving the financing of rural health sparse. … Continue reading Medical reform to go deep in second half of 2018

https://www.theguardian.com/world/2019/apr/25/belt-and-road-forum-chinas-project-of-the-century-hits-tough-times by Lily Kuo Blog written 25/04/2019 The ambitious transition into a free market in 1978 by the Communist party leader Deng Xiaoping after a decade of the cultural revolution that saw economic growth below 5% catalysed China’s rapid economic growth and development. The establishment of the Special Economic Zones (SEZs) in a series of coastal provinces attracted Mncs through tax incentives and power import … Continue reading Belt and road forum: China’s ‘project of the century’ hits tough times

https://www.bloomberg.com/news/videos/2019-04-17/using-tech-to-close-the-education-gap-in-china-video Blog written: 19.04.2019 With the surge of economic growth this has resulted to more profits and income, which has enabled the Chinese government to spend more on merit goods. Education has been strongly linked to increased in quality of life and it is a component of the Human Development Index (HDI) and linked to economic development. The importance of education is reflected in government … Continue reading Using tech to close the education gap in China

https://www.caixinglobal.com/2019-03-27/chinas-new-income-tax-regime-will-do-less-to-reduce-inequality-report-101397896.html by Cheng Siwei and Liu JieFie Blog post written: 29.03.2019 With China in a trade war with the United States, this has affected China with slow economic growth. The government has been raising the monthly income tax-free threshold with the increase in October 2018 from $3500 RMB to $5000 RMB. This aims to encourage consumptions and hence boosting China’s economic growth, but researched from … Continue reading China’s new income tax regime will do less to reduce inequality: Report

https://www.theguardian.com/business/2019/apr/12/chinese-imports-slump-amid-trade-standoff-with-united-states By Richard Partington Blog written 12.04.2019 The decline of China’s imports highlights the vulnerability of an economy after the International Monetary Fund warned that global growth would slow this year as levels of protectionism will rise in 2019 with many analysts believing the trade standoff between the US and China is likely to be a factor of slow growth. The current trade war between … Continue reading China’s imports slump sparks fresh fears about global economy