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  • Microsoft Invests $13 Mln in Chinese IT
    12-07

    The American Microsoft corporation has injected 13 million U.S. dollars in a Chinese IT company to develop softwares, according to sources of the Chin...

  • Tax Revenue Surges Far Beyond Forecast
    12-07

    Tax collections from China's booming economy surged far beyond the 2005 forecast last year, rising 20 percent to a record 3,087 billion yuan (US$3...

  • China Lifts Coal Price Barrier for Power Co.
    12-07

    The National Development and Reform Commission (NDRC) said here Friday that the coal supply in 2006 will be enough to meet the market demand, therefor...

  • GDP Grows 9.8% in 2005
    12-07

    China's economy grew 9.8 percent in 2005, said Ou Xinqian, vice minister of the National Development and Reform Commission here Sunday. The commis...

  • First Batch of Renminbi Traders Approved
    12-07

    China has approved its first batch of market makers for the trading of renminbi as part of further steps to make the exchange rate mechanism market-dr...

  • Largest Sino-foreign Invested Project to Start Production
    12-07

    China's largest sino-foreign capital investment project, the petrochemical project off South China Sea has completed construction and will go into...

  • Beijing's Fiscal Revenue Expected to Top $11b
    12-07

    Beijing's fiscal revenue is expected to top 90 billion yuan (11 billion U.S. dollars) in 2005, up 20 percent over last year, the municipal finance...

  • China's 1st 100-mln-ton Coal Base Debuts
    12-07

    China's first 100-million-ton coal production base has gone into operation in the Shenfu-Dongsheng coalfield, said the Economic Daily on Friday. T...

  • US Pleased with HK's Resumption of Beef Import
    12-07

    The United States was pleased with the resumption of beef export to Hong Kong, according to a news release by the Consulate General of the United Stat...

  • Economist Warns of Excessive Growth
    12-07

    Chinese economist Hu Angang suggested in one of his reports to be submitted to the central government that GDP index not be calculated for regions bel...

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