BIZCHINA
Construction on a new nuclear power plant started Friday in southeast China's Fujian Province, the first nuclear power plant to get into the saddle after the government announced its huge stimulus package to boost domestic demand.

China to raise individual income tax threshhold soon

China's highest legislative body has already "reached a consensus" to boost the individual income tax threshold soon to encourage domestic consumption, China's leading economist revealed Friday.

More textile export rebates soon

China is set to raise export tax rebates on textile products to 17 percent after the government unveiled six measures to shore up flagging exports. Full Coverage

Finance: Individual investors to trade Au99.95-category gold

Beijing's property rental market, which had maintained its upward trend since early this year, saw its first decline in October.

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RIM sees a glimmer of hope

Huangshan city in East China announced on Thursday a multi-billion yuan package of transport infrastructure projects, on top of an already announced expansion of the rail network in the area.

Oil pricing to come under reforms purview

The country's 24,000 licensed chemical producers will be required to list and classify all their products to the State Administration for Work Safety (SAWS) by the end of next year, as part of efforts to improve industry safety, authorities said Thursday.

Beijing not to restrict private car purchase

China's highest legislative body has already "reached a consensus" to boost the individual income tax threshold soon to encourage domestic consumption, China's leading economist revealed Friday.

Major Markets
Name Value Change Time
Shanghai 1,969.39 -0.72% Fri
Shenzhen 6,711.35 +0.22% Fri
HSI 12,668.41 +3.01% Fri
Nikkei 7,910.79 +2.70% Fri
Dow 7,552.29 -5.56% Thu
Nasdaq 1,316.12 -5.07% Thu
Exchange Rates
100 units of foreign currencies (11/21)
USD 683.17 HKD 88.15
EUR 849.9 JPY 7.2516
GBP 1007.78 CHF 557.72
CAD 526.53 AUD 417.2