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Date:2011/09/26
Tax authorities in Zhejiang province have responded to an outcry over their buying a yacht for 2.71 million yuan ($424,000) by saying it will be used to collect taxes.
Pictures of the yacht Guorui published widely on the Internet raised questi...
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Date:2011/09/22
Hong Kong stocks slumped 768.86 points or 4.08 percent to close Thursday's morning session at 18,055.31 points.
The benchmark Hang Seng Index hit half-day low of 18,019.44 after opening down 527.37 points, or 2.80 percent, at 18,296.80.
Turnove...
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Date:2011/09/27
China said on Sept 26 it has launched an inter-provincial operation to better regulate the production of light rare earth metals in its latest effort to rein in illegal rare earth exploration.
The local governments of three regions where most of Chi...
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Date:2011/09/26
A table measuring the harshness of a country's tax regime in 2009, which ranked the Chinese mainland high at second place, has again aroused much debate, with experts urging faster reform of the system.
According to the 2009 Tax Misery an...
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Date:2011/09/22
China's stocks fell 2.78 percent on Thursday following retreats in the Asian markets with the 225-issue Nikkei Stock Average tumbling 2.07 percent.
The retreats came after the U.S. Federal Reserve on Wednesday announced its stimulus measures to...
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Date:2011/09/27
China will further open up its central region to foreign investments, as a way to accelerate the country's industrial upgrading and maintain sustainable economic growth, senior central government officials said on Sept 26.
"We will contin...
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Date:2011/09/26
China is widely seen to be taking the lead among the so-called BRICS countries (Brazil, Russia, India, China and South Africa) in helping to relieve the pressure on the European Union, which is groaning under the weight of its sovereign debt problems...
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Date:2011/09/22
Thermal power plants will soon operate under tighter emission controls, with mercury output monitored for the first time, under new standards released on Sept 21 to tackle worsening pollution.
The rules, to take effect on Jan 1, 2012, place to...
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Date:2011/09/27
China and India launched a Strategic Economic Dialogue on Sept 26 in a sign that both Asian powers are seeking closer economic ties despite differences over issues such as South China Sea disputes.
Analysts said that the dialogue wil...
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Date:2011/09/26
China issued its first evaluation report on the Shanghai Cooperation Organization (SCO) on Sept 23 reviewing its development since it was established 10 years ago.
This report was initially released on a sideline event of the ongoing 2011 Euro-Asia ...
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Date:2011/09/22
China is playing a leading role in applying carbon capture and storage (CCS) technologies, an initiative that the International Energy Agency (IEA) expects to help cut global carbon emissions in industrial sectors by 4 gigatons a year by 2050. ...
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Date:2011/09/27
Chinese cities whose economies rely largely on the exploitation of natural resources must seek a new source of development to boost the nation's growth, government officials and scholars said at an Expo Central China 2011 forum on Sept 26 in Tai...
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Date:2011/09/23
According to the reported compiled by MOFCOM, the domestic coke price rebounded slightly last week, ending the two consecutive week declines. In detail, China’s coke price inched up by 0.7% last week as compared to previous week. Among ...
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Date:2011/09/22
The transnational merger and acquisition (M&A) cases that China accepts and handles are expected to exceed 200 in 2011, rising from 117 in 2010, pointing to the appeal of the Chinese market to foreign investors and China's improving an...
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Date:2011/09/27
According to the data released by NBS yesterday, in September 6 to September 20 of current year, China's iron ore price with Fe content above 56% was quoted at 839.9 yuan per ton, rising by 1.7% month over month.
Meanwhile, the price quotes for...
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Date:2011/09/23
China will reevaluate and revise a series of environmental quality standards, including those for air, water, soil and noise, in the next five years, to improve the country's environmental quality.
Zhou Jian, vice minister of environmenta...
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Date:2011/09/22
Rapid growth in outstanding yuan-denominated foreign exchange funds is becoming a problem for monetary authorities in their attempts to create policies that can serve both economic growth and inflation control.
The People's Bank of China (PBOC)...
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Date:2011/09/26
China's stocks continued a falling trend Monday, with the benchmark Shanghai Composite Index down 1.64 percent, or 39.98 points, to close at 2,393.18 points.
The Shenzhen Component Index dropped 1.99 percent, or 209.92 points, to finish a...
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Date:2011/09/23
China's trade with the Arab states reached a record high in the first half, and Arab countries expect deeper trade ties with China, officials said.
Trade between China and the Arab states totaled $120 billion, up 36 percent year-on-year, ...
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Date:2011/09/22
The forecast for China's GDP growth this year was cut to 9.5 percent, compared with the June estimate of 9.6 percent, IMF said in the September 2001 edition of its World Economic Outlook. The forecast for 2012 was lowered to 9 percent from the p...