Government Updates
China unveils support package to auto, steel industries
China's State Council unveiled a long-awaited support package for the auto and steel sectors Wednesday to boost the two "pillar industries".
Read moreSteel sector gets booster package
The State Council approved a stimulus package Wednesday to help the steel industry weather the international financial crisis.
Read moreAuto sector gets a shot in the arm
Sales tax on vehicles with engines of less than 1.6 liters will be halved and exchange of old vehicles for new ones with smaller engines subsidized to boost the auto industry.
Read moreChinese auto giant FAW reports record sales in '08
China's major automaker First Automobile Works (FAW) Group said Thursday its sales volume and revenue both reached record highs in 2008.
Read moreChina to consider steel, vehicle support programs
China's State Council, or cabinet, is expected to meet this week to discuss a support plan for the steel and vehicle industries, a spokesman of the country's top economic planning body told Xinhua Tuesday. The official of the National Development and Reform Commission (NDRC) said, without elaborating, that a final government plan for these industries would follow the discussions.
Read moreChina's 2008 auto sales growth hits 10-year low
Chinese auto makers reported a 6.7-percent rise in sales in 2008 compared with the previous year, the lowest rise in 10 years, China Association of Automobile Manufacturers (CAAM) said on 12th January, 2009. The growth rate was 21.84 percent in 2007.
Read moreAQSIQ: 2nd CQC Quality System Document was verified and will be carried out.
AQSIQ: 2nd CQC Quality System Document was verified and will be carried out.
Read moreMOFCOM: Calls for comments on General Rule of Technical Specification for Second Hand Equipment Circ
MOFCOM: Calls for comments on General Rule of Technical Specification for Second Hand Equipment Circulation
Read moreNDRC, MOF, MOC: order to strictly control chain reaction resulted from product oil price adjustment
NDRC, MOF, MOC: order to strictly control nationwide impact of chain reaction on transportation resulted from product oil price adjustment
Read more