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National Beijing News
China warns of grim foreign trade situation Beijing, Oct 19 (IANS) China Wednesday warned of a 'quite grim situation' for the country's foreign trade as new global uncertainties weigh on the world's second largest economy. 'The import and export situation will be quite grim in the fourth quarter of this year and next year, or at least in the first quarter of next year,' said Ministry of Commerce spokesperson Shen Danyang at a press conference. He
60 mn Chinese now exempt from paying income tax
About 60 million people in China will benefit from an increase in the monthly personal income tax threshold, an official said.
365 mn expected to ride Chinese trains this summer
About 365 million passengers are anticipated to travel by trains during summer travel peak season in China this year, Xinhua reported Monday.
China to develop uninhabited islands for tourism
Six uninhabited islands in the South China Sea would now be developed as tourist sites, officials said.
7 percent growth won't be easy, corruption major threat: Wen
Chinese Prime Minister Wen Jiabao Monday said an annual growth rate of seven percent during the current five-year plan will not be easy, and pointed out that corruption still remains the biggest threat to the country, Xinhua reported.
China probes jet crash
China Monday set up a task force to probe the crash of a passenger jet that killed 42 people, a media report said. National Beijing Galleries
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