Latest News & Events

Archive for China

China Expands VAT Reform to 2 New Sectors

(Updated: 2013-12-05) China will continue to expand the scope of its pilot program to replace turnover tax with value-added tax (VAT) by including two new sectors under the reform, an official document revealed. The country will incorporate the railway transportation and postal service sectors into the ongoing VAT reform starting on Jan. 1, 2014, according […]

Continue Reading →

Posted in: China

Leave a Comment (0) →

Infrastructure Opening to Foreign Investors

(Updated: 2014-04-24) Private investment to play bigger role in rail, harbor, energy sectors China announced 80 major public infrastructure projects on 23rd April to arrest the economy’s slowdown while experimenting with wider access for private and overseas investors. The decision was made at a State Council executive meeting with Premier Li Keqiang presiding, the second meeting […]

Continue Reading →

Posted in: China

Leave a Comment (0) →

China’s New Energy Car Sales to Double

(Updated: 2014-04-23) The number of new energy cars sold in China this year may hit 35,000, twice as many as were sold in 2013, as the government promotes use of greener vehicles, according to a new official forecast. Sales may reach 60,000 if hybrid-power vehicles are taken into account, according to a report on China’s auto […]

Continue Reading →

Posted in: China

Leave a Comment (0) →

Cross-Border Trade Pilot to Have Ceiling

(Updated: 2014-04-19) A pilot program allowing cross-border stock investment by investors in the Chinese mainland and Hong Kong will be subject to an initial total ceiling of 550 billion RMB (90 billion USD) – 300 billion RMB for Hong Kong investors and 250 billion RMB for Chinese mainland investors, according to the China Securities Regulation Commission. […]

Continue Reading →

Posted in: China

Leave a Comment (0) →

Health Tourism Means Greener Growth

(Updated: 2014-04-10) The health industry may be a new growth engine in a rapidly aging society, experts said at an international forum. The Chinese health sector is expected to grow to 800 million RMB (129 million U.S.dollars) in 2020 and will be a powerful driver for domestic consumption and employment thanks to its expansive service and […]

Continue Reading →

Posted in: China

Leave a Comment (0) →

Agricultural Investment to Continue

(Updated: 2014-03-27) China will continue to invest heavily in the agriculture sector to ensure food security, with 70 billion RMB (11.27 billion USD) being allocated to water resource infrastructure, a spokesman for the National Development and Reform Commission(NDRC) said 26th Mar. The total volume and proportion of investment for agriculture in 2014 will be greater […]

Continue Reading →

Posted in: China

Leave a Comment (0) →

GM Food Safety Tests, Logos Are Planned

(Updated: 2014-03-05) China is working on an evaluation system for genetically modified (GM) food in order to assess its impact on the environment and human health, a senior official said. Niu Dun, vice-minister of agriculture and a member of the Chinese People’s Political Consultative Conference National Committee, said that because of public doubts being aired […]

Continue Reading →

Posted in: China

Leave a Comment (0) →

Zhuhai Begins State-owned Assets Reform

(Updated: 2014-02-20) Gree Electric Appliances Inc, located in Zhuhai, Guangdong province, announced on 20th Feb that the State-owned assets supervision and admini stration commission of the Zhuhai government, which is the company’s controller, will transfer for free Gree Group’s 51.94% shareholding in Gree Real Estate as well as credito r’s rights to a newly-established company […]

Continue Reading →

Posted in: China

Leave a Comment (0) →
Page 1 of 5 12345