Finance & Economy

China to Achieve 7.2% GDP Growth in 2015

China's economy will grow 7.2 percent in 2015 and 7.0 percent in 2016, the Asian Development Bank (ADB) predicted in a report published on Mar 24th.

Wednesday, March 25, 2015

China Sees Bright Spots in Slowing Economy, Vice Premier Says

China's economy faces increased downward pressure this year but the slowdown is stabilizing, with employment and services among the bright spots, Vice Premier Zhang Gaoli said on Mar 22, 2015.

Monday, March 23, 2015

China's February Exports Surge while Imports Dip

Exports surged 48.9 percent in February from a year earlier, reversing the 3.2-percent decline in January. However, imports plunged by 20.1 percent, accelerating from the previous month's 19.7-percent fall, according to data from the General Administration of ...

Monday, March 9, 2015

Commerce Minister Confident of 6% Trade Growth

Commerce Minister Gao Hucheng said on Mar 7th that China is confident of managing 6.1 percent of trade growth this year, even though both international and domestic market demand remain soft.

Monday, March 9, 2015

China Central Govt Set to Take Over Tax Rebate Process

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.

Wednesday, March 4, 2015

South Korea and China Initial FTA

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

Friday, February 27, 2015

China Pledges Stronger Fiscal Policy, Widens Tax Breaks

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...

Thursday, February 26, 2015

Chinese Trade Numbers Take Big Hit in January

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.

Monday, February 9, 2015
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