BUSINESS >> Economy

China amends individual income tax law

China's draft amendment to the individual income tax law was submitted for review to the Standing Committee of China's National People's Congress on Tuesday, the Xinhua News Agency reported.
Source: Global Times | 2018/6/19 21:38:40

Bond auction system introduced

China plans to introduce an anonymous bond auction system to support transactions of high-yield, low-liquidity bonds, two sources with knowledge of the matter said.
Source: Agencies-Global Times | 2018/6/19 21:38:39

New negative list showcases China's resolve to opening-up amid Sino-US trade row

The announcement of a new negative list that will ease limits on foreign investment shows that China's commitment to opening-up will not be hindered by Sino-US trade friction, and the move will also be significant in maintaining the stability of global trade, experts said on Tuesday.
Source: Global Times | 2018/6/19 21:33:40

Nation's central bank calls for lower RRR

China's central bank said on Tuesday that banks' reserve requirement ratios (RRR) should be appropriately lowered to ease the burden on the country's financial institutions.
Source: Reuters-Global Times | 2018/6/19 21:33:39

China's banking, insurance sectors maintain sound performance: regulator

China's top banking and insurance industry regulator said Tuesday that the two sectors have been performing on solid footing, with risks under control.
Source: Xinhua | 2018/6/19 21:02:34

China, Germany open industrial innovation and cooperation center

A China-Germany industrial innovation and cooperation center was inaugurated Monday in Changzhou City, east China's Jiangsu Province, local authority said Tuesday.
Source: Xinhua | 2018/6/19 21:01:51

Entrepreneurs predict China could catch up with US in investment, innovation

China might catch up with the United States, which has a lead so far in venture capital investment, entrepreneurs attending a forum said here Monday.
Source: Xinhua | 2018/6/19 18:22:44

China contributes over 80 pct of FDI pledges to Nepal

China contributed to around 87 percent of foreign direct investment (FDI) commitments received by Nepal during the first 10 months of the current fiscal year that began in mid-July 2017, Nepal's Department of Industry (DoI) said.
Source: Xinhua | 2018/6/19 18:21:41

China set to release new negative list for foreign investment

China has completed the revision of new negative list for market access of foreign investment and will make it public soon, China Securities Journal reported on Tuesday.
Source: Xinhua | 2018/6/19 13:21:58

China to adopt strong countermeasure if US imposes additional tariffs on Chinese goods

China will be forced to adopt comprehensive measures combining quantity and quality to create a strong countermeasure if the US side issues a tariffs list following US President Donald Trump's announcement to raise additional tariffs on 200 billion US dollars' worth of Chinese goods with a rate of 10 percent.
Source: CGTN | 2018/6/19 11:11:46

Australian govt heartened by rising demand for coal in China, Southeast Asia

The Australian government has been buoyed by growing interest in thermal coal from Southeast Asian countries, saying the increased demand demonstrated how bright the future was for Australian coal.
Source: Xinhua | 2018/6/19 10:47:56

China should not be blamed for unemployment in America, Europe: expert

China should not be blamed for the unemployment in America and Europe,a geo-political expert wrote in an article published on Eurasia Future on Monday.
Source: Xinhua | 2018/6/19 10:32:51

Australia 'should show real action' in improving ties with China: experts

Real action must be taken by Australia to improve ties with China, experts said, following a move by Chinese telecommunication giant Huawei.
Source: Global Times | 2018/6/18 23:13:39

Over 800,000 Chinese visit Thailand

Over 800,000 Chinese tourists visited Thailand last month, according to a statement released by a senior government official on Monday.
Source: Xinhua-Global Times | 2018/6/18 23:08:39

'New third board' expands

China's National Equities Exchange and Quotations (NEEQ), also known as the “new third board,” saw the debut of 12 new small and medium-sized enterprises last week.
Source: Xinhua | 2018/6/18 22:43:40

China pushes listed companies to strengthen Party building

The government is pushing domestically listed companies to strengthen Party building and to participate in construction of an ecological civilization, according to an amendment on governance regulations for domestically listed companies.
Source: Global Times | 2018/6/18 22:38:40

Easier Chinese monetary policy expected: Goldman

Goldman Sachs said it expected China to adopt a slightly easier monetary stance in the face of tit-for-tat tariffs between China and the US that, while likely to have limited immediate impact on the economy, were at risk of escalating.
Source: Reuters | 2018/6/18 22:38:40

Festival travel rush

China's railway system handled 10.87 million trips on Sunday, the second day of the Dragon Boat Festival, representing an increase of 16.1 percent year-on-year, the China Railway Corp said in a statement sent to the Global Times on Monday.
Source: Global Times | 2018/6/18 21:33:40