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1. The State Council formulates administrative regulations in accordance with the Constitution and other laws and reports them to the NPC for records.

2. The NPC can amend the Constitution and supervises its enforcement, and formulates and amends basic statutes and other laws.

3. China will temporarily suspend initial public offerings until it formulates new rules to price IPOs.

4. These countries do not wait until the international community formulates a certain formula.

5. But there is still a long way to go before the country formulates laws that prohibit companies and organizations from leaking citizen's personal information.

6. It formulates the construction of model cities, model enterprises and model projects of a recycling economy.