As rural finance has been playing a key role in promoting bank deposits, allocating funds and diversifying risks, it has arousedgreat concernfrom various sectors and many reform measures have been introduced.

Since its accession to the WTO, China has made impressive progress in further opening its financial industry to the outside world.

Since the State Council promulgated the reform plan of electric power system in 2002, the electric power system reform in China has made much progress.

The Chinese enterprises have greatly increased their capacity in terms of products development and provision,but they have only limited amounts of competitive and highly profitable products.

A national innovation system is composed of the interacting organizations participating in the innovation as well as the external environment that has a bearing on the innovative activities.

The urban and rural residents in China have seen their income growing remarkably since the beginning of reform and opening up. During the 1978~2005 period, the income of the urban residents increased from 343 yuan to 10,493 yuan, while that of the rural residents went up from 134 yuan to 3,255 yuan.

In 2006, the national economy maintained a fast growth. The total annual GDP was 20940.7 billion yuan, representing an increase of 10.7% year on year, which is expected to be the fastest annual growth in the past ten years.