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Archive for July, 2008

Export tax rebates for textile, garment raised

China is to raise tax rebates for certain textile and garment exports to help producers cope with the paper-thin profit margins squeezed by the yuan’s appreciation and higher costs. Export tax rebates for some textile and ... Read More

China raises export tax rebate for textiles to 13%

China will raise export tax rebates for textiles and clothing from 11 percent to 13 percent starting Aug. 1, the State Administration of Taxation (SAT) and the Ministry of Finance (MOF) said in a joint statement released on the ... Read More

Chinese VP: China willing to work “comprehensively” with Sudan

In Beijing, Vice President Xi Jinping met with Sudan’s envoy, Ghazi Salah Al-Din. Xi told his guest China is willing to work comprehensively with Sudan to promote bilateral ties between the countries. He said China is ... Read More

China warns against damaging Darfur peace process

Outside interference in Sudan might damage the Darfur peace process, Chinese Vice President Xi Jinping said in Beijing on Tuesday. China was greatly concerned by the International Criminal Court’s (ICC) attempts to ... Read More

Help Sudan’s peace process

The international community should make efforts to promote the peace process in Sudan instead of laying obstacles to it, says an article in People’s Daily. The following is an excerpt: Earlier this month, Chief Prosecutor ... Read More

CNPC denies 80,000 employees lay-off

China National Petroleum Corp. (CNPC), the country’s largest oil producer, denied earlier media reports about a workforce cut of about 80,000 people over the coming three years, a CNPC senior executive said on Tuesday on ... Read More

34% of furniture made in Guangzhou poisonous - Survey

GUANGZHOU — More than a third of all furniture products and 14 percent of all leather goods manufactured in Guangzhou contain unsafe levels of formaldehyde, a chemical that can cause leukemia, a study by the city’s ... Read More

Two new vice-ministers appointed to foreign ministry

Two new vice-ministers were appointed to the foreign ministry during a reshuffle held earlier this month. Both Li Hui and He Yafei previously served as assistant ministers. Li, 55, has been at the ministry since graduating from ... Read More

Sinohydro Holds Meeting Summarize the Mid-year Work As well As Honest and Incorruptible Governance

On July 28, Sinohydro held a video meeting in Beijing to summarize  the Mid-year work as well as honest and incorruptible governance educational activity .Leaders from Sinohydro , general economist and directors of various ... Read More

CNOOC Eyes Global Market, Deep Sea Oil

The pending buyout of a Norwegian oil firm is giving China National Offshore Oil Corp. a lot of international options. By intern reporter Zhang Boling China’s largest ever acquisition of a foreign company has given energy ... Read More

China warns against damaging Darfur peace process

Outside interference in Sudan might damage the Darfur peace process, Chinese Vice President Xi Jinping said on Tuesday. China was greatly concerned by the International Criminal Court’s (ICC) attempts to prosecute ... Read More

Migrant workers to get help in AIDS fight

The All-China Federation of Trade Unions (ACFTU) and the International Labor Organization (ILO) Monday launched an ambitious project to prevent the spread of AIDS among the country’s 150 million migrant workers. The ... Read More

Vietnam’s crude oil export earnings up despite smaller volume

HANOI, July 29 (Xinhua) — Vietnam is estimated to post a year-on-year surge of 52.2 percent in crude oil export value, despite a12.1-percent drop in export volume, in the first seven months of this year. Between January ... Read More

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