A new official report has highlighted China's mounting economic challenges, including how to boost exports, amid the slow recovery of the global economy and some countries resorting to currency depreciation. "The world economy is growing ...
China will lift price controls on most medicines starting from June 1, the country's economic planner said on Tuesday. Medicine prices will be decided by the market, said the National Development and Reform Commission (NDRC) in an online ...
Tags: price controls, Medicine prices
China will improve agricultural subsidy policies in an effort to deepen rural reform, promote agricultural modernization and increase peasants' income, the Ministry of Agriculture (MOA) announced Thursday. A total of 14 billion yuan (2.3 ...
China will promote price reforms of energy, especially electricity in 2015, the National Energy Administration (NEA) said Thursday. The costs and prices of electricity transmission and distribution will be monitored, but the price ...
Tags: Energy Price Reform, electricity
China will levy a resource tax on rare earths, tungsten and molybdenum based on sales value instead of production quantity, the Ministry of Finance announced on Thursday. The new tax, taking effect from May 1, is set at 6.5 percent for ...
Tags: Rare Earths, Resource Tax
China introduced new measures on Tuesday to accelerate the quality upgrading of refined gasoline.Quality upgrading is key to preventing and controlling air pollution and will help improve the environment and living standards, said a ...
China will reform the resource tax of several natural resources and cut unnecessary fees starting from May, according to a statement released after a State Council executive meeting presided over by Premier Li Keqiang on Tuesday. Resource ...
Tags: Resource Tax, Resource Fees
The standing committee of China's National People's Congress (NPC) has amended the 2009 Food Safety Law in a bid to strengthen food security in the country, after a string of food safety violations in recent years. Xinhua reported ...
Tags: Food Safety Law, food security
The Indian Government has promised to push tobacco companies to manufacture packaging with bigger health warnings soon. The Union Minister of Health and Family Welfare JP Nadda assured the Lok Sabha that the government would go ahead ...
Tags: tobacco packaging, Packaging
The US Fashion Industry Association (USFIA) and the Foreign Trade Association (FTA) have reiterated the importance of concluding Transatlantic Trade & Investment Partnership (TTIP) negotiations as the ninth round of talks got underway in ...
Tags: Fashion Industry, fashion sector
The country will move faster to develop its energy-saving and new-energy vehicle industry to ease pressure on resources and the environment. Subsidies for new-energy car buyers in 2014 and 2015 will be raised from previous levels set by a ...
UN Secretary-General Ban Ki-moon has called for unified efforts to enhance food safety, ensuring safe production, distribution, and preparation of food. He pointed that the safety threat evolves from new production, distribution and ...
Tags: food safety, safe production
The US Food and Drug Administration has issued a proposed rule to amend and update its regulation on registration of food facilities, in a bid to enhance the food facility registration system. Besides improvement, this new development ...
Move is precursor to further liberalization of interest rate system An insurance system for bank deposits will start on May 1, a step toward scrapping remaining controls on interest rates and allowing lenders to fail in a more ...
Tags: Bank Deposit, Deposit Insurance
China is looking forward to a China-Australia free trade agreement being signed this year, President Xi Jinping said when meeting with Australian Governor-General Peter Cosgrove on Monday. "The two sides should work to sign and approve ...