China to gradually expand property tax program to nationwide
2011-02-28 09:44:06
China is to accelerate its property tax pilot reform and gradually expand it to national level, the General Office of the Standing Committee of the National People's Congress(NPC), the country's top legislature, said in an official statement Sunday.
Health supplements bring in the business
2011-02-28 10:17:28
The fact that people are enjoying rising disposable incomes and living for longer is triggering a surge in the demand for health foods among the elderly who want to enjoy a healthy retirement.
How to cope with an old-age problem
2011-02-28 09:41:08
Analysts say the number of people older than 60 is increasing by 3 percent a year, reaching a total of 450 million by 2050. Home is most often where the heart is
Li Ka-shing close to buying E.ON's UK network
2011-02-28 09:24:18
Hong Kong billionaire Li Ka-shing is close to clinching a 3.7 billion pound ($5.97 billion) bid for E.ON's UK power networks, Reuters reported Sunday citing the Sunday Times.
Fight to tame inflation will be crucial, say experts
2011-02-28 09:16:01
China's consumer inflation rate rose to 5.1 percent in November, the fastest increase for more than two years. It eased to 4.6 percent in December but jumped again to 4.9 percent in January, posing a test for policymakers.
Higher tax threshold to assist poor on way
2011-02-28 09:11:52
China will raise the threshold of personal income tax amid the rising cost of living, a move aimed at reducing the burden of middle and low-income people and expanding domestic consumption, Premier Wen Jiabao said on Sunday.
Premier Wen sets 7% growth target
2011-02-28 09:05:10
An annual growth target of 7 percent over the 12th Five-Year Plan (2011-2015) has been set to ensure sustainable development, Premier Wen Jiabao said on Sunday. Higher tax threshold to assist poor on way
Volvo aims to spend $11b on expansion
2011-02-26 10:41:26
Volvo Car Corp, the Swedish automaker acquired by Zhejiang Geely Holding Group Co, plans to invest as much as $11 billion worldwide over the next five years to tap rising demand in markets including China.
Huawei blasts 'misperceptions'
2011-02-26 10:32:02
Huawei Technologies Co said perceptions that it threatens US national security are unfounded and has invited the US government to probe the company about any concerns it may have.
User numbers for 3G Internet top 50m
2011-02-26 10:10:23
Three years after the establishment of third-generation (3G) networks by China's three major telecommunications companies, the number of 3G users passed 50 million in January.
Machinery exports growth seen slowing
2011-02-26 09:33:56
The growth rate of China's machinery exports will slow during the 12th Five-Year Plan because of yuan appreciation and rising costs, said Cai Weici, the vice-president of the China Machinery Industry Federation on Friday.
DSM plans to build a new factory in Jiangsu
2011-02-26 10:00:56
Royal DSM NV, the global life sciences and materials sciences company, will launch a 500 million yuan ($76 million) project in Nanjing, Jiangsu province to build a new production facility for composite resins targeted at the Chinese market.