Wednesday's decision means the pilot program, scheduled to expire on Dec. 31, 2017, will be extended for one year until Dec. 31, 2018.
The pilot program over the past two years has achieved strong results, with improvement in rural financial services and higher incomes for farmers.
ONE-STOP BOUNDARY CONTROL ARRANGEMENT IN HKSAR
The top legislature adopted a decision to apply a one-stop boundary control cooperation arrangement in the Hong Kong Special Administrative Region (HKSAR).
In the decision, the NPC Standing Committee confirmed that the cooperation arrangement, signed by Guangdong Province and the HKSAR on Nov. 18, complied with the Constitution of China and the Basic Law of HKSAR.
The decision said that the HKSAR should ensure implementation of the cooperation arrangement through legislation.
Under the arrangement, a port will be established at the railway station in West Kowloon in Hong Kong, which is part of the Guangzhou-Shenzhen-Hong Kong Express Rail Link.
NEW SUPERVISION LAW SLATED FOR FURTHER DELIBERATION
China's draft supervision law, which was given a second review at the session, will be submitted to the NPC for third reading next year.
The draft, which was submitted to the top legislature for its first reading in June, makes clear regulations on the national supervision system, ways to form supervisory organs, responsibilities and powers, and means of investigation to ensure such organs act in accordance with law.
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