China Briefing News

China to Cut Tariffs on 700 Imported Goods

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Jun. 11 – China will cut tariffs on 700 types of imported goods this year with the purpose of reforming the country’s foreign trade structure, according to Jia Kang, head of the Ministry of Finance’s Institute of Fiscal Science. The Chinese-language Economic Information Daily first reported Jia’s remarks, which were made during the China Top […]

China’s Ministry of Finance Releases Tax Revenues for Q1 2012

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China’s Ministry of Finance released the country’s tax revenues for the first quarter of 2012 on Tuesday, with highlights including year-on-year growth in total revenues of 10.3 percent to RMB2.59 trillion (US$410 billion).

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