CHINA plans to draft a set of laws to strengthen the legislature's supervision of abuses by the country's executive authorities, according to National People's Congress chairman, Qiao Shi.
In making the revelation yesterday during a meeting in Singapore with the republic's Deputy Prime Minister, Ong Teng Cheong, Mr Qiao said the new laws would be formulated to ''perfect the supervisory mechanism''.
According to the China News Service, Mr Qiao also disclosed that the Chinese Constitution would be amended and new laws legislated to achieve this goal in the next five years.
Mr Qiao said the mainland was keen to learn from the Singapore experience in lawmaking to help establish the legal framework for the development of China's socialist market economy.
He also gave the assurance that there would not be major fluctuations in the Chinese economy, despite the introduction of austerity measures.
The exchange rate of yuan against foreign currency had become ''relatively normal'', he said, adding that inflation was being closely watched and controlled.
