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China's fiscal revenue generated from stamp duty for stock trading reached 7.09 billion yuan in July, up 152.25 percent from the same month last year, the Shanghai Securities News reported today.
China will not approve any large steel maker's application on production capacity expansion or new projects within three years, due to the industry's overcapacity.
China will back the iron ore price negotiations to ease price hike caused by the "chaotic situation" and disorderly competition within Chinese importers.
China now faces the grim task of fighting secondary disasters as a result of Typhoon Morakot, Vice-Premier Hui Liangyu warned yesterday.
The overestimation of local GDP figures in some provinces may have resulted in the 1.4 trillion yuan ($204 billion) difference between the combination of local figures and the number from the National Bureau of Statistics (NBS) in the first half of the year, statistics official said.
Xi'an Aircraft International Corporation (XAIC) and Goodrich Corporation signed agreements yesterday to form two joint-venture companies that will be involved in the manufacture of landing gear and nacelle (engine compartment) components.
Tan Zuoren, who had been investigating the deaths of students in last year's Sichuan earthquake, stood trial yesterday for subversion.
China's fiscal revenues are growing rapidly due to the strong economic rebound, underpinning the government's efforts to further boost growth with a proactive fiscal policy.
The top health authority is launching an overhaul of illegal organ transplants, after reports surfaced that some hospitals are illegally doing organ surgeries.
Tainted executives at Chinese steel companies are the next target, analysts said yesterday, as prosecutors continued investigating the case.
A 17-year-old A/H1N1 flu patient in south China's Guangdong Province has been diagnosed as being in "critical condition" as he has been in coma for a week, the first such case on the Chinese mainland.
China's top economic planner, the National Development and Reform Commission, unveiled Wednesday a draft regulation on monopoly prices.
