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China's minister of finance Xie Xuren said the country will further its fiscal and tax reform in three aspects: taxation, fiscal system and budget management.
Kweichow Moutai Co offered a dividend to its shareholders for 23 yuan ($3.42) plus 1 share for every 10 shares. Kweichow Moutai, China's largest liquor manufacturer in terms of market value, made the offer in its annual report released Monday, Shanghai Securities News reported.
Forty Chinese property developers have more than 600 billion yuan in combined debt, Guangzhou Daily reported on Monday.
Ronaldo's trip to China for the opening ceremony of this season's Chinese Super League was finally rejected by the Guangzhou Evergrande Football Club due to his high appearance fees.
The price of natural rubber in China is driving an increase in tire prices, International Finance News reported Monday.
While Japan is suffering from the devastating earthquake, Shanghai's investors are still interested in the Japanese property market.
Nuclear leakage in Japan triggered hikes in the solar and wind energy sectors on the domestic secondary stock market Wednesday.
Guangdong province has confirmed it has sufficient supplies of salt in a bid to calm anxieties and panic shopping linked to the growing nuclear crisis in Japan, a spokesman for the provincial salt administration Thursday in an interview with the Yangtze Evening Post.
Baoshan Iron & Steel Co Ltd (Baosteel) released its steel price policy for April on Tuesday, raising the price of oriented electrical steel by 1,000 yuan per ton. Baosteel says prices for other steel products remained the same, and it also gives discounts of 100 to 200 yuan to some of the general cold and galvanized products, the Oriental Morning Post reported Wednesday.
The State Administration of Foreign Exchange (SAFE) may increase its annual quota on individuals' foreign exchange purchases from $50,000 to $200,000, the Economic Information Daily reported Tuesday.
Beijing will stick to its household registration, or hukou system, due to the current state of the booming population.
Commerce Minister Chen Deming said China will announce this year's second batch of export quotas for rare earths, but he did not give the exact figure, China Security News reported on Monday.
