China Update by Synocus

China to import Russian high technologies

Saturday, January 26, 2008

China will import 156 high-tech materials and items of equipment from Russia, under an agreement signed by the two sides here on Saturday.

The items include 63 energy-saving technologies, such as super-conductive materia ...

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Chinese yuan set new record high after Federal rate cut

Saturday, January 26, 2008

China's currency, the yuan, hit another record high of 7.2293 against the U.S. dollars on Thursday after following a key interest rate cut in the United States.

The central parity rate of the yuan, known as Renminbi (RMB ...

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China's Consumer Price Index rises 4.8 percent in 2007

Saturday, January 26, 2008

Consumer prices in China rose at their fastest pace in a decade last year, with the consumer price index (CPI) increasing 4.8 percent, an increase that might lead to further tightening measures by the government.

Last De ...

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China resorts to biodiesel projects to solve energy shortage

Saturday, January 19, 2008

Nearly 7,000 hectares of biodiesel forest will take shape in the northern province of Hebei this year, part of a national campaign to fuel the fast growing economy in a green way.

In no more than five years, the Pistacia ...

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Forecasts for China's economy in 2008

Saturday, January 12, 2008

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China to develop next-generation broadband wireless mobile technology in 2008

Saturday, January 05, 2008

China would launch a special program to develop the technology for a "next-generation broadband wireless mobile communication network" in 2008, Wang Xudong, the minister of Information Industry, said on Thursday.

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Composition of China's import from Finland in September 2007

Tuesday, January 01, 2008

Following is a table showing the composition of China's import from Finland in September 2007, classified according to the Commodity Catalog of Customs Statistics of the People's Republic of China on the basis of HS (Source: General Administ ...

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China uses national prize to encourage corporate innovation

Tuesday, January 01, 2008

Two Chinese companies were awarded the "Chinese Industry Grand Prize" on December 24, 2007, for outstanding achievement over the past year.

The Prize was initiated in 2005 with the approval of the State Council ...

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China raises individual income tax threshold

Tuesday, January 01, 2008

China's top legislature on December 27, 2007, 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 relie ...

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China shut down 14.4 Mkw of thermal power capacity in 2007

Tuesday, January 01, 2008

China shut down 553 small thermal power generators in 2007, with a total capacity of 14.38 million kilowatts, or 44 percent above the annual goal, the National Development and Reform Commission (NDRC) said on Jan.1.

Clos ...

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