ECONOMY

正End of the Travel RushPassengers head to boarding platforms at the Yinchuan Railway Station in northwest China’s Ningxia Hui Autonomous Region on February 24.That day marked the end of the 40-day Spring Festival travel rush,which saw 3.32 billion trips.     

ECONOMY

正Bridge Opens Cars run on the newly opened Yangtze River Bridge in Maanshan,Anhui Province on December 31,2013.Upon the completion of the bridge,the travel time between BridgeOpens Hefei,capital of Anhui,and Shanghai will be shortened by an hour and the travel time between Hefei and Hangzhou,capital of Zhejiang Province,will be shortened by half an hour.     

ECONOMY

正Fiscal Reform China will endeavor to build a comprehensive,transparent and efficient fiscal and tax system by strengthening reforms in the coming years,the central leadership of the Communist Party of China(CPC)said on June 30.     

Colonial governmentality and the ‘economy’

Using Foucault's notion of governmentality, this paper argues that colonial governmentality in India sought to effect a new relationship between resources, population, and discipline. Drawing theoretical insights from the 'critical accounting literature' to bear on the regulation of economic activity in colonial India, the paper shows how the discursive practices of colonial governance, in particular the modalities of measurement, accounting, and classification, enabled the constitution of the 'economy'. Such statistical data generated as part of colonial administration opened up the possibility of a nationalist accounting of the exploitation of India by the colonial power.     

ECONOMY

正Reform Priorities The National Development and Reform Commission (NDRC) on May 20released economic priorities for 2014 in a plan that has been approved by the State Council,the country’s cabinet.The NDRC said authorities will cut red tape and slash items that need administrative approval.China will continue to expand the scope of value-added tax (VAT)r eform     

ECONOMY

正Slowed Production China’s value-added industrial output expanded 6.9 percent year on year in August,down from the 9-percent growth in July,the latest data from the National Bureau of Statistics(NBS)showed on September 13.On a monthly basis,the industrial output in August expanded by a fractional 0.2 percent from July.In the first eight months,total value-added industrial output grew 8.5 percent from the same period last year.