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2012-03-27
China to be world's biggest importer soon
China to be world's biggest importer soon. Minister of Commerce Chen Deming said Sunday that China, now the world's second largest importer, will become the biggest in a few years. China not only provides the world with high-quality
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2012-03-27
China to see narrowing trade surplus
China to see narrowing trade surplus. China will maintain a trade surplus this year, although the surplus will continue to narrow, the Ministry of Commerce (MOC) said Thursday. The ratio of China's trade surplus to its gross domestic
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2012-03-14
China posts Feb trade deficit as imports jump
China posts Feb trade deficit as imports jump. For the first time in a year, China recorded a trade deficit of $31.48 billion in February, as import growth far outpaced exports. Exports rose 18.4 percent from a year earlier to $114.47
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2012-03-14
China’s Software & Information Service Outsourcing Industry up by nearly 40% in 2011
China’s Software & Information Service Outsourcing Industry up by nearly 40% in 2011. According to statistics, the scale of China’s software & information service outsourcing industry reached 383.5 billion yuan, up by 39.5% year on
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2012-03-14
Guangdong will offer financial lifeline to SMEs
Guangdong will offer financial lifeline to SMEs. Guangdong province will support more small-loan companies, township financial organizations and private equity and venture capital firms to help cash-strapped small and medium-sized
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2012-03-14
More equipment parts exempted from import tax
More equipment parts exempted from import tax. China's Ministry of Finance (MOF) has revised a list of major items of technical equipment enjoying import-tax exemption, according to a circular issued by the body on Monday. Chinese