Finance & Economy
FTA with S. Korea Expected This Year
China and South Korea pledged on Thursday to conclude negotiations on a free trade agreement before the end of this year, but experts said major difficulties remain in sensitive areas. |
WTO concludes Fifth Review of China Trade Policy
The fifth World Trade Organization (WTO) trade policy review of China concluded here on Thursday, with WTO members commending the vital role of China's economic growth to the world economy and some also raising higher expectations for China to assume more resp... |
China's June PMI at Six-month High
Growth in China's manufacturing sector accelerated to a six-month high in June, registering a strong end to the second quarter and an encouraging sign that the economy is further stabilizing. |
Starting now, Bank Loans Easier to Get
China's banking regulator said on Monday it was allowing lenders to make more loans through a modification in the way a key regulatory ratio is calculated. |
China signs RMB business MoUs with Luxembourg, France
The People's Bank of China (PBOC), China's central bank, on Sunday announced that it has inked two Memorandum of Understanding (MoUs) on renminbi (RMB) business with the central banks of Luxembourg and France. |
London, eurozone set to benefit increased RMB trade
London and the eurozone look set to benefit in the future from increased trade in yuan, as figures Thursday show yet another monthly increase in its use as a global currency. |
China Industrial Profits up 9.8% in First 5 Months
China's industrial profits continued to rise in the first five months but growth was slightly down from the Jan-April period, still encouraging sign. |
Small Firms Get a Break on VAT
The Ministry of Finance announced on Wednesday that the value-added tax rate will be a flat 3 percent for many small businesses, effective July 1. |
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