China promote the development of Chinese traditional medicine
China’s State Council recently issued documents on supporting Chinese medicine development,the county for the units, establish Chinese traditional medicine institutions, Chinese medicine services are arranged in public health services. China has accumulated in thousands of years a great deal of experience of traditional Chinese medicine, some of the modern Western medicine are difficult to treat [...]
Chinese alternative proposal about US dollar supported by the United Nations
Chinese alternative proposal about US dollar supported by the United Nations People’s Bank of China Governor Zhou Xiaochuan on the 23rd of this month promoted to set up a new international reserve currency to replace the US dollar, at present, this proposal was echoed not only by Russia, Brazil and other emerging markets, but also [...]
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China didn’t manipulate exchange rate
A important economic official of USA said last week, Obama think china is manipulating exchange rate.His words make many Chinese angry and unfair,as we all know,It seems China never changed exchange rate policy since 1997.when most of country in Asia depreciated currency in 1997,China stick to the high exchange rate level to maintain the Asian [...]
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The abolition of restrictions on fertilizer prices
China recently abolish restrictions on fertilizer prices, change the government supervise price to market price, the specialist saidfertilizer prices are unlikely to rise after reformed fertilizer price mechanism form.
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China will lose 4 million jobs in this year
A famous economist said,china will lost 4 million jobs in 2009,I think he said out a big problem which we must face.Severl months ago,many official said there have no crisis, no migrant workers come back home,no many company cloesed,we must keep confidence.I am glad this economist say out this problem,because he is a famous economist [...]
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553 kinds of machinery and electronic products export tax rebate rate
Ministry of Finance and the State Administration of Taxation announced on December 29, that since January 1, 2009, part of the technological content and added value of machinery and electronic products will raised export tax rebate rate. This is the fourth time this year that China’s export tax rebate rate raised to alleviate the difficulties [...]
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The refined oil import consumption tax hike since January,2008
Finance Ministry recently issued a circular, the imported refined oil consumption tax is adjusted since January 1, 2009. The notification required, tax units of the leaded petrol import consumption tax is raised the to 1.4 yuan per liter, the current rate is 0.28 yuan. the consumption tax units of unleaded petrol import tax is raised [...]
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cigarette consumption tax should be raised to 1 yuan
China will implement the newly revised Regulations on the consumption tax since January 1 next year , each packet of cigarettes will be imposed on the consumption tax 6 cents, in view of such a collection of standards, the Chinese Smoking Control Association said cigarette consumption tax should also have a substantial increase.
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Economy Of MACAO Continue Expand,But Begin To Face Global Financial Crisis
MACAO said their GDP expanded 11.3 percent in Q3,it is a good number for many area,but this number is lower than last years.The main industry –local game,growth with 28% in Q3,but this number is 48% in Q2 and 62% in Q1.And,visitor custom only growth with 4%,It seems MACAO ‘s gaming industry can not avoid from [...]
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The most dark month in history at asia
The last month is the most dark month in history about stock market in asis. China ShangHai Index drop 24% and Korea Index dive over 23%.And it happend after many many month of drop. As we all know,global financel crisis make economy slidedown too,and will let foreign trade slidown too.I am glad found china goverment [...]
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