Starting today vehicle owners in Beijing will receive a partial refund of road maintenance fees to compensate for restrictions on car use in the capital imposed during and after the Beijing Olympics.
China plans to build up emergency petroleum reserves to supply the country for 90 to 100 days said Zhang Guobao, head of China's National Energy Administration (NEA), in a newsletter published yesterday by of China National Petroleum Corp, the Shanghai Daily reported, According to customs data released last...
Bank of China (BOC)<601988><3988>, one of the Big Four state-owned banks in China, said yesterday that its Shanghai branch is actively preparing for the pilot program that will use the Chinese currency, RMB, instead of the U.S. dollar in foreign trade settlements.The lender said that its RMB-based settlement...
Travel agencies in China will cancel cheap tours that involve additional-fee activities and shopping programs after the launch of the Regulations on Travel Agencies on May 1, China Central Television reports.
The construction of the massive Three Gorges Hydropower Project is in its final stages with the project due to complete in November 2009. Attention is now shifting from construction to operational management and detailed work on post construction plans is in full swing.
What if the resource tax on minerals was lifted? "It might dampen the performance of resource-related enterprises, giving rise to more operational problems," said Wu Qiang, a professor at Beijing Technology and Business University.
The Chinese government is working on a new stimulus package to promote consumption despite the better-than-expected economic data in the first quarter, the China Securities Journal reported on Monday, citing Gao Huiqing, a senior researcher at the State Information Center under the nation's top planning...
The People's Bank of China, or the central bank, said in a statement that the country will continue its moderately relaxed monetary policy and keep sufficient liquidity in the banking system to satisfy the need of the country's economic development amid the global economic recession....
U.S. trade policy is changing. Are you ready?
The G20 London summit's generous rescue plan is good news for the world economy