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» 2007Dec 29, 2007
China's top legislature on Saturday adopted a law amendment to raise the country's individual income tax threshold from 1,600 yuan a month to 2,000 yuan. The individual income tax threshold increase was believed to …
Dec 29, 2007
Editor's note: The following is the 2007 Top 10 Economic Stories Selection from Economic Information Daily and Perfect China Co Ltd. The chief editors of 16 Beijing-based news organizations, including Zhu Ling …
Dec 29, 2007
PetroChina Co Ltd, the listed arm of China National Petroleum Corp (CNPC), and another CNPC subsidiary will invest a combined 16 billion yuan to build a gas pipeline from China to Turkmenistan. "PetroChina and China …
Dec 29, 2007
China National Offshore Oil Company Limited (CNOOC Ltd.) launched production at two offshore oil and gas fields in Bohai Bay recently, company sources said on Friday. The Bo Zhong (BZ) 34-1 oil field, located in …
Dec 29, 2007
China National Petroleum Corporation (CNPC) will invest 16 billion yuan (2.16 billion U.S. dollars) to fund construction of a planned Central Asia-China natural gas pipeline, CNPC's listed subsidiary PetroChina said on …
Dec 29, 2007
The Shanghai Futures Exchange (SFE), one of China's major futures trading agencies, is expected to launch gold futures trading soon following regulatory approval. The China Securities Regulatory Commission approved the …
Dec 29, 2007
Chinese auto sales are likely to hit or surpass 8.7 million units in 2007, 20 percent more than the previous year, Zhu Yiping, a China Association of Automobile Manufacturers official, said Friday. Last year, more than …
Dec 29, 2007
Cookware maker Supor's shares were limit up on the Shenzhen Stock Exchange on Friday following the announcement of a dividend offering plan by the France-based Groupe SEB, which recently acquired a 52.74-percent stake …
Dec 29, 2007
The gold price in Hong Kong went up 35 HK dollars to 7,666 HK dollars per tael on Friday, according to the Bank of China (Hong Kong). The price is equivalent to 825.9 U.S. dollars a troy ounce, up 4.35 U.S. dollars at …
Dec 29, 2007
The government of Hong Kong Special Administrative Region on Friday announced its financial results for November, recording a surplus of 32.4 billion HK dollars (4.15 billion U.S. dollars) in the months. The surplus …