To make domestic oil prices better reflect international prices, China is considering a reform of its pricing mechanism. On July 1st, the country lowered import duties for diesel and jet kerosene to zero, and cut…
Category: China
The Beijing-based Red Gate Gallery, billed as the oldest privately owned-and-run gallery in China, celebrated its 20th anniversary Saturday with “20 Years – Two Generations of Artists at Red Gate,” a sweeping retrospective of nearly…
As the Beijing Shanghai High Speed Rail gives more convenience for residents to travel, 7 cities along the route including Beijing, Tianjin and Nanjing have united to form a city tourism alliance. The 7 cities…
Central government departments’ spending on vehicle purchases and maintenance totaled 6.17 billion yuan (about 954.21 million U.S. dollars) in 2010, the Ministry of Finance said Monday. Spendings on overseas trips and receptions were registered at…
Bilateral ties between China and Russia have reached a new height thanks to a treaty signed 10 years ago, Assistant Foreign Minister Cheng Guoping said Monday. “Guided by the spirit of the treaty, Sino-Russian relations…
The Communist Party of China (CPC) on Monday held a briefing for foreign diplomats in Beijing on President Hu Jintao’s speech on the CPC’s 90th founding anniversary. The International Department of the CPC Central Committee…
Finding a balance between government regulation and market forces is key to improving a country’s economy, but there is not just one way to achieve this, said Joseph Stiglitz on Monday in Beijing. “We now…
The Government of Hong Kong Special Administrative Region (SAR) announced on Monday that a Hong Kong multi-functional office was to open in Taiwan within this year to promote long-term cooperation and exchange with the island….
The Government of the Macao Special Administrative Region (SAR) announced Monday that it will set up an office in Taiwan this year, in an effort to provide comprehensive services for Macao residents in Taiwan. Alexis…
The offshore RMB market will help strengthen the competitiveness and status of Hong Kong as an international financial center, according to the latest issue of monthly Economic Review released on Monday by Bank of China (Hong…