Cover Story The annual session of China's National People's Congress saw the passage of two laws that will have major impacts on the future of the nation. The Property Law， which has been 13 years in the drafting process， sets in stone individual property rights. The Enterprise Income Taw Law levels tax rates for foreign and chinese companies， with some exception， with the aim of promoting a future in the international marketplace based on innovation rather than cheap labor. Both laws move China a step further down its market economy path.Focus：FRANK DEBATE MARKS NPC SESSIONS.CLOSING WAGE GAP TOP OF AGENDA.CAN OPENING FINANCIAL MARKETS RESOLVE U.S. TRADE DEFICIT？OLYMPIC STADIUM TO SHINE WITH SOLAR POWER.本杂志为英文版。附李肇星谈中国外交工作及国际和地区问题（中英双语）。
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