Government Updates
Steel 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 moreForeign banks may regret rush out of China
In the scramble to unload their stakes in Chinese banks, international lenders are hurrying out through a door that took years to pry open and may be shut more tightly on them in the future.
Read moreChina suspends fuel surcharges on domestic flights
China will suspend fuel surcharges on domestic flights from Jan. 15 due to fall in kerosene prices, China's top economic planner and the Civil Aviation Administration of China (CAAC)jointly announced Wednesday.
Read moreChina cuts gasoline, diesel prices
China cut its benchmark retail gasoline and diesel prices by 2 percent and 3.2 percent respectively on Thursday.
Read moreChina vows unchanged policies on developing ties with EU
China vowed Thursday to continue its policies on relations with the European Union (EU) to achieve a stronger, comprehensive strategic partnership.
Read moreChina overtakes Germany in terms of GDP
China surpassed Germany to become the world’s third largest economy after it raised its economic growth estimate for 2007 Wednesday.
Read moreChina-EU dialogue a sign of improving ties
Tomas Pojar, first vice-foreign minister of the Czech Republic, will lead a European Union (EU) delegation at the forth China-EU strategic dialogue to be held in Beijing Next Monday, the Foreign Ministry said.
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