China reiterated its stance on cooling down the nation's property market, and two ministries urged local governments to further fulfill the central government's home prices curbing policies, various Chinese media reported Friday.
Agricultural Bank of China (ABC) has received approval from its board to issue no more than 10 billion yuan ($1.52 billion) worth of renminbi-denominated bonds in Hong Kong. The maturities will be less than five years, according to a statement by the bank.
China is likely to release an internal trade development plan in late April, the Shanghai Securities News reported Friday, citing Jiang Zengwei, vice-minister of the Ministry of Commerce.
Chinese billionaire Chen Guangbiao will donate 200,000 yuan to earthquake victims in Southwest China’s Yunnan province, Chen told China Daily website in an exclusive interview Thursday.
China's banks might extend over 500 billion yuan ($76 billion) worth of new loans in February, the China Securities Journal reported Thursday.
China is unlikely to levy individual income tax on a family basis, but raising the tax threshold on salaries looks certain, 21st Century Business Herald reported Thursday.
China's central State-owned enterprises (SOEs) were estimated to turn over about 63 billion yuan ($9.37 billion) as capital income to the nation, the China Securities Journal reported Thursday.
The Chinese mainland almost doubled its number of billionaires from last year's 64 to 115 on Forbes' annual list of the world's richest people. The list was released Wednesday in New York.
Charitable fundraising has developed in leaps and bounds since 2008, said Fan Baojun, president of the China Charity Federation (CCF), at a forum in Beijing on Wednesday.
China's strategic oil reserve capacity is enough for one month's use, and the storage proportion of crude oil to product oil is 3:1, according to Wang Qingyun, director of the State Bureau of Material Reserve, the National Business Daily (NBD) reported Wednesday.
China will invest about 1.3 trillion yuan ($197.9 billion) this year on building or renovating 10 million affordable apartments, people.com.cn reported Wednesday, citing Qi Ji, vice-minister of Housing and Urban-Rural Development.
Guizhou plans to invest 550 - 600 billion yuan ($84 - $91 billion) in 3,017 kilometers of railways and 2,993 kilometers of expressway during the 12th Five Year Plan period (2011-2015), the province's governor said at a press conference Wednesday in Beijing.
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