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Microsoft Invests $13 Mln in Chinese IT
2023-12-07The American Microsoft corporation has injected 13 million U.S. dollars in a Chinese IT company to develop softwares, according to sources of the Chin...
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Tax Revenue Surges Far Beyond Forecast
2023-12-07Tax collections from China's booming economy surged far beyond the 2005 forecast last year, rising 20 percent to a record 3,087 billion yuan (US$3...
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China Lifts Coal Price Barrier for Power Co.
2023-12-07The National Development and Reform Commission (NDRC) said here Friday that the coal supply in 2006 will be enough to meet the market demand, therefor...
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GDP Grows 9.8% in 2005
2023-12-07China's economy grew 9.8 percent in 2005, said Ou Xinqian, vice minister of the National Development and Reform Commission here Sunday. The commis...
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First Batch of Renminbi Traders Approved
2023-12-07China has approved its first batch of market makers for the trading of renminbi as part of further steps to make the exchange rate mechanism market-dr...
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China's largest sino-foreign capital investment project, the petrochemical project off South China Sea has completed construction and will go into...
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Beijing's fiscal revenue is expected to top 90 billion yuan (11 billion U.S. dollars) in 2005, up 20 percent over last year, the municipal finance...
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China's 1st 100-mln-ton Coal Base Debuts
2023-12-07China's first 100-million-ton coal production base has gone into operation in the Shenfu-Dongsheng coalfield, said the Economic Daily on Friday. T...
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The United States was pleased with the resumption of beef export to Hong Kong, according to a news release by the Consulate General of the United Stat...
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Economist Warns of Excessive Growth
2023-12-07Chinese economist Hu Angang suggested in one of his reports to be submitted to the central government that GDP index not be calculated for regions bel...