Is world ready for a new international financial system?
BEIJING -- Ever since a credit crunch that started with the U.S. subprime mortgage crisis spread to other parts of the world, there have been mounting calls for reforming the current international financial system from all over the world. Read more...
ChinaReference.eu
Chinese president calls for concerted efforts to tide over financial crisis
WASHINGTON -- Chinese President Hu Jintao on Nov.15 called on the international community to make concerted efforts to tide over difficulties arising from the global financial crisis. Read more...
ChinaReference.eu
China mulls to impose fuel tax
BEIJING -- China has been studying a fuel tax reform to replace the current road tolls imposed upon motor drivers, National Development and Reform Commission (NDRC), the country’s top economic planner, announced here on Nov.20. Read more...
ChinaReference.eu
China to cut 19 bln yuan in administrative fees to boost economy
BEIJING -- An administrative fee cut on 100 items will save Chinese enterprises about 19 billion yuan (2.78 billion U.S. dollars), announced the Ministry of Finance (MOF) here on Nov.19. Read more...
ChinaReference.eu
China announces 3,770 items involved in 3rd export tax rebate rise
BEIJING -- China's Ministry of Finance announced on Nov.17 a list of 3,770 items involved in the third export tax rebate increase this year. Read more...
ChinaReference.eu
Given stagnating consumption, dropping export, investment to become main driver of Chinese economy
BEIJING – China may continue to use investment as a major locomotive to drive its economy forward. Read more...
ChinaReference.eu
Fan Gang: Economic growth of 8-9 pct healthy for China
BEIJING – Chinese economist Fan Gang, also a member of the country's Monetary Policy Committee, holds an 8-9 percent economic growth rate is healthy for China. Read more...
ChinaReference.eu
China's economic growth to face 20Y low in Q4-H1, 2009, experts
BEIJING – China's economic growth is expected to dip into 20-year low in the fourth quarter of 2008 and in the first half of 2009, and China will still face big risks in economic structure adjustment in the future. Read more...
