Working Group News
Exports and imports fall again in Dec.
China's exports and imports declined for the second consecutive month in December, reflecting weakening external and domestic demand amid the global financial crisis, the customs said Tuesday.
Read moreNew Taxation Implementations Measures
The long-awaited “Implementation Measures of Special Tax Adjustments (Trial)” (the “Measures”) were signed by China's State Administration of Taxation (the "SAT") on 8 January, 2009 and formally issued on 9 January 2009 in the form of Guo Shui Fa [2009] No. 2.
Read moreChina sees 'success' in offsetting crisis
Wen Jiabao declared China's efforts to offset the effect of the global economic slowdown an "initial success" on Sunday as the economy performed "better than expected" last month.
Read moreEuropean Chamber wins sustainable development project funding worth EUR 3 million over 4 years
The European Chamber is delighted to announce that its proposal for a European Commission funded grant, under the SWITCH Asia project has been chosen for implementation.
Read moreLack of candidates clears way for Lamy to remain at WTO
No candidates have come forward to challenge the reappointment of Pascal Lamy as director-general of the World Trade Organisation when his term of office expires this year.
Read moreChina in push to prop up local carmakers
The Chinese government plans to support the car industry, the second-largest in the world, with the aim of ensuring sales growth of about 10 per cent in 2009.
Read moreGrowth of fiscal income to slow down
The fiscal income growth is projected to slow further this year, adding further pressure to the State exchequer, the finance minister said yesterday.
Read moreAdditional stimulus in the pipeline
The nation's economic stimulus measures will go beyond the announced 4-trillion-yuan package as more industry-specific policies are rolled out, Premier Wen Jiabao said on Friday.
Read moreGlobal manufacturing slows, optimism in markets
Factories from India to Europe, the United States and China slashed output and jobs in December, but investors seemed determined on Friday to start the new year on a positive note, pushing stocks higher.
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