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China's fiscal budget has four parts: general fiscal budget, budget for government funds, budget for operating income of state-owned capital, and social insurance budget. [ 40 ] : 353 The largest part is the general fiscal budget, which is a unitary budget that is allocated between central fiscal and local fiscal budgets.
Chinese politics have long been defined by the competition between intra-party factions' ability to place key members and allies in positions of power within the CCP and Chinese government. [50] [51] [52] Under general secretaries Jiang Zemin and Hu Jintao, the two main factions were thought to be the Tuanpai and the Shanghai Clique. [51]
The preamble describes China as "a country with one of the longest histories in the world. The people of all of China's nationalities have jointly created a culture of grandeur and have a glorious revolutionary tradition." [2]: 82 The preamble dates this revolutionary history as beginning in 1840. [2]: 82
The system of people's congress (Chinese: 人民代表大会制度; pinyin: Rénmín Dàibiǎo Dàhuì Zhìdù) under the Chinese Communist Party (CCP) is the form of government of the People's Republic of China (PRC), and is based on the principle of unified power, in which all state powers are vested in the National People's Congress (NPC).
China’s anti-graft campaign has led to massive fallouts across its economy, from the get-go: an estimate by Bank of America Merrill Lynch in 2014 put its cost at $100 billion; and just last year ...
Post holders are usually the de facto leaders of the People's Republic of China. Currently, the General Secretary holds the authority of Paramount leader in China. Because China is a single-party state, the General Secretary holds the highest political position in the PRC and thus constitutes the most powerful position in China's government.
The Provisional Constitution of the Republic of China was drawn up in March 1912 and formed the basic government document of the Republic of China until 1928. It provided a Western-style parliamentary system headed by a weak president.
The People's Republic of China has claimed Taiwan as its territory since the defeated Republic of China government fled to the island in 1949 after losing a civil war with Mao Zedong's communists.