The Chinese government may consider extending tax cuts to boost automobile sales in more rural areas, said Zhu Hongren, spokesman for the Ministry of Industry and Information Technology. According to the plan at the beginning of the year, tax cuts for the purchase of cars with a displacement of u...
Finance ministers and central-bank heads from the Group of 20 leading economies approved a timetable for agreeing polices that will rebalance the global economy at their meetings Friday and Saturday.
By Chen Xiaomin Auto workers prepare a Chery car for painting at their factory in Wuhu, Anhui Province. China's auto production topped 10 million units for the year as of Tuesday, the first time it has broken the mark. Photo: IC Favorable stimulus measures will continue to drive the auto market...
China's family planning policyhas helped prevent an estimated 400 million births
By Wang Xinyuan The government is planning to develop the culture industry through reforms, but major systemic problems remain, industry experts said Sunday. The plan for boosting the Chinese culture industry released by the State Council Saturday includes major projects for cultural development,...
WASHINGTON/CHICAGO, Sept 25 - U.S. Federal Reserve officials mused about the timing and pace of the central bank's removal of its unprecedented support for the economy on Friday, saying the shift could be abrupt and...
China has steered a steady course through the stormy seas of the economic crisis, said Zoellick.
By Cong Mu The People's Bank of China (PBC) ramped up its effort to rein in liquidity through open market operations yesterday. PBC has also been tackling money supply issues by buying 282 billion yuan ($41.29 billion) worth of short-term bonds that have matured this week. PBC issued 85 billion ...
LITTLE ROCK, Ark., Aug 27 - The U.S. Federal Reserve should be careful not to over-stimulate the economy and stay focused on an exit from its aggressive monetary expansion as growth resumes, two senior Fed...
LITTLE ROCK, Ark., Aug 27 - The U.S. Federal Reserve should be careful not to over-stimulate the economy and stay focused on an exit from its aggressive monetary expansion as growth resumes, two senior Fed...