Government Updates
Beijing caution sinks BOC's French deal
Bank of China's plan to buy a stake in a French private bank has collapsed after it tried to renegotiate the purchase price on the orders of the Chinese government.
ADB expands trade finance programme to counter slump in exports
The Asian Development Bank has agreed a significant expansion of its trade finance programme, to generate up to $15bn in support through until 2013 to help to counter an export slump that has been exacerbated by the lending difficulties of commercial banks.
Central bank tightens control on credit cards
A top official of the People's Bank of China has asked financial institutions across the country to "carefully check the applicant's identity and their previous credit records before issuing them credit cards".
China NDRC likely to raise coal prices 4 pct
The National Development and Reform Commission is likely to raise contractual coal prices for 2009 by 4 percent in an effort to solve the coal-power industry contradiction, according to Guangzhou South China Coal Trading Center.
Urbanization boosts construction material market
China has enormous potential in the building materials sector as the country is the largest developing country, in an increasingly rapid process of industrialization and urbanization, which is resulted in the world's construction market.
China's new yuan loans hit 1.3 trln yuan in March
BEIJING, April 3 -- China's new yuan loans amounted to 1.3 trillion yuan in March as the country continued to pump in massive liquidity into the economy to battle impacts of the global financial crisis, a source close to the matter told China Daily.
G20 sets plan for economic recovery
Global leaders on April 2 pledged an additional US$1 trillion to restore credit, growth and jobs in the world economy, announcing a broad raft of measures designed to hasten the end of the global financial crisis.
MEP: Issued National Environment Protection Standards Implemented from Apr. 1st, 2009
MEP: Issued National Environment Protection Standards Implemented from Apr. 1st, 2009
MOF: Notice of Issues on Clean Development Mechanism Fund and Enterprise Income Tax Policies on Ente
MOF: Notice of Issues on Clean Development Mechanism Fund and Enterprise Income Tax Policies on Enterprises Undertaking Clean Development Mechanism Projects Implemention
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