|
|
|
China concluded its three-day 2007 Central Economic Work Conference with a pledge to shift its monetary policy from "prudent," an approach it has followed for the last ten years, to "tight." The conference, an annual event initiated more than a decade ago, serves as a crucial mechanism for the Communist Party of China (CPC) Central Committee and the State Council, the cabinet, to make policies to govern the Chinese economy. China will maintain a "prudent" fiscal policy for the coming year. Central economic conference foresees tasks for 2008
|
|
|
China vows to facilitate stable development of agriculture, sustained income growth for farmers China concluded the annual central rural work conference with a pledge to enhance rural infrastructure construction, promote stable development of agriculture and facilitate a sustained income growth for farmers next year. Top priorities of China's rural development in 2008
|
|
|
"I hope the two sides can make efforts to perfect the dialogue so that it can better serve the overall development of the Sino-U.S. constructive and cooperative relations," Chinese President Hu Jintao told a delegation to the Third Strategic Economic Dialogue (SED) headed by U.S. Treasury Secretary Henry Paulson.
|
|
|
China's central SOEs set to get smaller in size, stronger in competence China's state-owned enterprises (SOEs) reported a year of prosperity. Annual profits were forecast to surge 30 percent to nearly a trillion yuan (135.8 U.S. billion) this year, however, it was evident many still had a long way to go to become internationally competitive.
|
|
|
China's trade surplus hits record in 2007 China's trade surplus surged 47.7 percent over a year earlier to reach a record 262.2 billion U.S. dollars in 2007, the General Administration of Customs said.
|
|
|
NBS: Chinese companies see stronger growth in 2007 Chinese companies enjoyed stronger growth in 2007 than in the previous year on the back of a robust national economy, according to an official business climate index.
|
|
|
China reports nearly 30% annual growth in individual income tax China's individual income tax revenue rose to 318.5 billion yuan (43.6 billion U.S. dollars) last year, up 73.3 billion yuan or 29.9 percent over 2006, the State Administration of Taxation said.
|
|
|
China's customs revenue hits record high in 2007 China's customs revenue reached a record 758.46 billion yuan in 2007, up 24.3 percent year-on-year, the General Administration of Customs (GAC) said.
|
|
|
China's economic growth to slow down in 2008 China's economic growth is estimated to be 10.5 percent in 2008, slightly lower than in 2007,a report released by Bank of China said.
|
|
|
China to announce revised resource tax system in 2008 Details of a new resource taxation system will be announced this year, an official with the State Administration of Taxation (SAT) said.
|
China to adopt tight monetary policy in 2008
3rd round of China-U.S. Strategic Economic Dialogue