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Mainland’s investment in Taiwan tops $700m
17 january 2013 BEIJING – Investment in Taiwan from the Chinese mainland has reached $722 million since the island opened to mainland investors on June 30, 2009. As of Monday,…
China to further cut health expenditure
17 january 2013 BEIJING – China will look to reduce patients’ own health expenditure to 30 percent by 2015. Ren Minghui, director of the international cooperation department of the Ministry…
Fitch: China’s corporate profits, cash flow to remain positive
17 january 2013 Fitch Ratings said in a report that the profit growth of large Chinese non-financial companies will remain positive in 2012 and 2013, and is likely to outperform…
Hainan expands duty-free program
17 january 2013 HAIKOU – South China’s Hainan province on Thursday launched an expanded version of its duty-free purchase program in order to encourage more Chinese to buy imported luxury…
FDI drops ‘due to rising costs’
16 january 2013 Foreign direct investment in China dropped in September for the 10th time in the past 11 months as rising costs dented investors’ enthusiasm and US political leaders…
Income distribution reform an imminent task
16 January 2013 BEIJING – As China accumulates wealth during its rapid economic development, it is crucial to narrow the widening earnings gap through income distribution reform. Narrowing the income…
Islands dispute hurts investment, trade with Japan
16 january 2013 The territorial dispute over the Diaoyu Islands has hurt Japanese investment in China and bilateral trade between the countries, according to central government commerce authorities. In September,…
Beijing prepares to get smart
16 january 2013 For many, the term “Smart City” denotes eco-friendly urban spaces with streets of driverless electric cars and houses powered by used drink cans. But as the recent…
Economy warms as factories hum again
16 January 2013 The economy regained some manufacturing momentum, according to the purchasing managers’ index, which indicated an expansion in factory output. The PMI hit 50.2 in October, up from…
China will properly handle US steel case: MOC
16 january 2013 BEIJING — The Ministry of Commerce vowed on Friday that China will properly handle a World Trade Organization ruling in a dispute over US exports of a…
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