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China has been studying a fuel tax reform to replace the current road tolls imposed upon motor drivers, the country's top economic planning body announced Thursday. The National Development and Reform Commission said on its website that a meeting was held recently in Beijing with the Finance Ministry, the Transport Ministry and local governments...
Online trade has become a new outlet for illegal wildlife businesses posing significant challenge for conservation efforts, said international animal protection activists here on Thursday. The rise of online trade is contributing to the rapid growth of illegal trade in wildlife, as it is fast, convenient and anonymous, said Grace Ge Gabriel, Asia regi...
A free trade agreement between China and Peru is beneficial to both countries, Chinese Vice Commerce Minister Yi Xiaozhun said Thursday. The two countries are far apart but their economies complement each other, Yi said at a news conference in Lima, the Peruvian capital. China and Peru concluded their talks on a free trade agreement and upgraded b...
Tax rebates for China's light industry should be increased to alleviate cost burdens on exporters, the cabinet said on Wednesday. China also plans to remove unreasonable administrative fees and charges on industry players, and offer more, said a statement released after the executive meeting of the State Council presided over by Premier Wen Jiabao. ...
Demand for gold in China rose 18 percent in the third quarter as consumers turned to the precious metal as a safe haven for their cash, the World Gold Council said Wednesday. Demand rose to 109 tons in the third quarter, the majority of which is attributed to a strong rise in the Chinese mainland, the council said Wednesday, citing figures complied by ...
The Beijing Olympic Games not only provided a platform for the world to understand China, but also helped to raise the image of Chinese brands, according to a research report released on Tuesday. The sports gala helps the Chinese manufacture industry to accelerate the pace for realizing its goal of going from Made in China to Brand in China the 60,000...
The Boeing Company said that an expansion of its China venture broke ground on Wednesday in north China's port city of Tianjin. The 21-million-U.S.-dollar project was launched after the global giant acquired a majority stake in the Tianjin-based BHA Aero Composites Parts Co. Ltd. (BHA) in July. Boeing also gained rights to land adjacent to the venture...
China is ready to reform its oil pricing mechanism in 20 days, which covers mainly the current price regulation on refined petroleum products, reliable sources said. Individuals close to Beijing's top decision-making circles told China Daily on condition of anonymity that the new pricing measures are already laid out to replace the old ones nationwide....
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