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China to upgrade transport infrastructures in Tibet

China has vowed to further promote the development of transport infrastructures in Tibet to make travels on “the roof of the world” much easier. The Ministry of Transport (MOT) said…

China’s H1 industrial profits up 11.4 pct

Chinese industrial businesses saw their profits rise by 11.4 percent year on year in the first half of this year, official data showed on Sunday. Total profits of industrial companies…

Int’l commodity fair opens in Xinjiang’s Kashgar

The 10th Kashgar Central and South Asia Commodity Fair kicked off Sunday in Kashgar, an ancient Silk Road town in northwest China’s Xinjiang Uygur Autonomous Region. As the largest trade…

Foreign investment to Shanghai up 10.9 percent in H1

Shanghai received 9.2 billion U.S. dollars of foreign investment in the first half of 2014, up 10.9 percent from a year earlier, the Shanghai municipal government said Thursday. About half…

China to shut down 1700 small collieries

China’s work safety watchdog on Thursday vowed to close over 1,700 accident-prone small coal mines in a bid to enhance safety and reduce casualties. Yang Dongliang, head of the State…

China’s VAT reform eases taxes by 267.9 bln yuan

China’s value-added tax (VAT) reform has so far resulted in a tax reduction of 267.9 billion yuan (43.56 billion U.S. dollars) for businesses, the State Administration of Taxation (SAT) said…

China considers traditional Chinese medicine legislation

China’s cabinet, the State Council, issued a draft on traditional Chinese medicine (TCM) legislation for public review on Thursday. China will establish a comprehensive TCM medical service system covering both…

China Telecom gains Xbox One exclusivity

China Telecom will be the exclusive carrier of Microsoft Corp’s video game console Xbox One, the first of its kind to launch in the Chinese mainland this autumn, the Chinese…

British volume of retail sales increases in June

Britain’s retail sales volume in June increased by 3.6 percent compared with June 2013 and by 0.1 percent compared with May 2014, said Office for National Statistics (ONS) on Thursday.…

China to contribute to new global trade system

China to contribute to new global trade system

China will join in and contribute to the construction of a new global trade system, said Premier Li Keqiang in Beijing on Tuesday. Li also called on the United States…

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