China's State Council said that the central government will assume responsibility for paying export tax rebates effective Jan 1, instead of local governments, in a statement on the official government website www.gov.cn on March 3rd.

Korea and China have initialed their free trade agreement, the Ministry of Trade, Industry and Energy said on Feb 25th.

The meeting decided to extend tax break policies to more micro and small businesses. From 2015 to the end of 2017, companies with annual taxable income under 200,000 yuan ($32,573) will have their corporate tax halved. Previously, the threshold was 100,000 yua...

China's foreign trade stumbled by 10.8 percent to 2.09 trillion yuan ($341 billion) on a year-on-year basis in January, pushing the country to accelerate the pace of restructuring.

China’s economy expanded 7.4 per cent in 2014, just short of an official growth target of 7.5 per cent, making it the first time the Chinese government has missed its aim since 1998.

Mr Zhang Liqun from the Development Research Center of the China State Council made a speech on macro economy trend and policy of 2015.

China has expanded its free trade zone (FTZ) in Shanghai and established 3 new zones with eased investment rules to speed up reforms amid economic hardship.

China has set a growth target for foreign trade at 6 percent for next year, down from about 7.5 percent in 2014.