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Ministry of Finance
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Taiwan's Machinery Industry to See Stable Growth in Coming Years
Apr 1, 2019Taiwan's Machinery Industry to See Stable Growth in Coming YearsTaiwan's Ministry of Economic Affairs (MOEA) reported that last year the overall investments by the domestic machinery industry in the development of smart machine equipment, ...
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China LED Lighting Market to Exceed $24bn by End 2024
Nov 28, 2017The China LED lighting market will exceed $24bn by end 2024, forecasts Renub Research in a new report. Escalating urbanization, price cuts and local energy savings targets are making the technology more tempting. China’s lighting ...
Tags: LED market, LED lighting
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XCMG Explores Along the Belt and Road
May 22, 20172017, Explore XCMG Along the Belt and Road now will bring you to the mysterious northeastern Africa and get touch the vigorous pulse of XCMG construction along the Belt and Road. Historically, the northeastern Africa is an integral part ...
Tags: Belt and Road, XCMG, truck
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China to Launch Green Electricity Certificate
Feb 14, 2017China, as a major market for renewable electricity, has already announced to launch renewable energy certificate (REC) program officially since 2018. This system would be helpful for China to establish a firmer, healthier renewable energy ...
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China's Car Sales Growth to Slow in 2017
Jan 1, 2017Automobile sales are expected to slow next year after a boom in 2016, the Ministry of Commerce (MOC) said Thursday. Growth in auto sales in 2017 could slow to an annual 2 percent to 6 percent, said MOC spokesperson Shen Danyang, citing ...
Tags: Automobile, Car Sales
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China Steel, Coal Capacity Cut Target Achieved
Nov 25, 2016China has "basically" achieved this year's steel and coal capacity reduction goals, according to a State Council statement. A statement released after a State Council executive meeting presided over by Premier Li Keqiang spoke highly of ...
Tags: steel, coal capacity
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Royal Dutch Shell Plc First Quarter 2016 Euro and GBP Equivalent Dividend Payments
Sep 28, 2016The Board of Royal Dutch Shell plc (“RDS”) today announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2016 interim dividend, which was announced on May 4, 2016 at US$0.47 per A ...
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Royal Dutch Shell Plc Second Quarter 2016 Euro and Gbp Equivalent Dividend Payments
Sep 28, 2016The Board of Royal Dutch Shell plc (“RDS”) today announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2016 interim dividend, which was announced on May 4, 2016 at US$0.47 per A ...
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China's Fiscal Revenue Rises 1.7% in Aug.
Sep 14, 2016China's fiscal revenue rose 1.7 percent year on year to 989.4 billion yuan (US$224 billion) in August, data from the Ministry of Finance showed Tuesday. Revenue growth was down from the 3.3-percent gain posted for July. The ministry ...
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China State Firms' Profits Dent in Q1
Apr 28, 2016Many of China's state-owned enterprises (SOEs) reported drops in profits in Q1, as building materials, electronics and tobacco firms reported large profit declines, Ministry of Finance data showed on Tuesday. The combined profits of ...
Tags: state-owned enterprises, electronics, building materials
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Tax Reform to Boost Vitality of Real Economy
Apr 4, 2016Chinese Premier Li Keqiang has urged solid efforts from the country's financial and taxation authorities to deliver the value-added tax (VAT) reform as part of efforts to invigorate the real economy during a visit to the State ...
Tags: Tax Reform, VAT
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Structural Reform to Power China's Stable Growth
Jan 3, 2016The supply-side structural reform to improve all-factor productivity will help China gather future growth steam, according to the country's finance minister. Despite heavy downward economic pressure, the Chinese economy is still resilient ...
Tags: Structural Reform, capital inputs
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China's State Companies Report Improving Profitability
Dec 28, 2015Profit declines for China's state-owned enterprises (SOEs) continued but narrowed in November, the Ministry of Finance (MOF) said Friday. China's non-financial SOEs raked in 2 trillion yuan (309.1 billion U.S. dollars) in profits from ...
Tags: State Companies, Profitability
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China to Replace Subsidy with Reward to Underpin PPP Projects
Dec 22, 2015In a bid to support public-private partnership projects, China will provide rewards instead of subsidies in a pilot scheme starting from next year. The Ministry of Finance said private partners in the PPP demonstration projects will be ...
Tags: PPP Projects, China
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The State Council Information Office Holds a Press Conference on China-Africa Trade and Economic Cooperation
Dec 16, 2015Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...