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China to revise budget law


China's top legislature will review a draft revision to the Budget Law in August, which aims to improve the budgetary work and make government budgets more transparent to the public, a legislator said on Wednesday. Revising the Budget Law is an important part of the legislative work of the 11th national People's Congress (NPC), said Gao Qiang, vice chairman of the NPC Financial and Economic Affairs Committee and director of the NPC Standing Committee's Budgetary Affairs Commission, on the sid ...