China stock index futures close up -- June 30

2011-06-30 16:36:49

China's stock index futures closed up on Thursday with the contract for July, the most actively traded, up 0.66 percent from the previous day to 3,035.

China Exim Bank aims to be multinational

2011-06-30 16:33:12

The Export-Import Bank of China, one of the country's three policy banks, said on Thursday that it intends to develop itself into a large multinational financial institution over the next five years.

CPC makes headway in poverty alleviation in SW China

2011-06-30 16:24:13

Wu Weiyong and his family recently moved into a new 240-square-meter home in the village of Tongjing, located in Bijie Prefecture in southwest China's Guizhou Province.

Taiwan exports to mainland booming after ECFA

2011-06-30 16:16:00

A year after a cross-Strait economic pact was secured, Taiwan's exports to the Chinese mainland are booming and the island anticipates follow-up trade and investment agreements.

China revises income tax threshold to 3,500 yuan

2011-06-30 15:30:53

China's top legislature on Thursday adopted an amendment to individual income tax law, which raises the monthly tax exemption threshold from 2,000 yuan ($307.7) to 3,500 yuan ($538.5).

China to release self-developed aircraft engine

2011-06-30 15:23:31

An overall design plan for an indigenously developed large passenger-jet engine is expected to be released by the end of the year, the Commercial Aircraft Corporation of China (COMAC) confirmed Thursday.

China's 2nd west-east gas pipeline to operate soon

2011-06-30 15:03:01

The trunk line of China's second West-East natural gas pipeline project will be ready to start operating at the end of this month, an official with China National Petroleum Corporation (CNPC) said Wednesday.

China welcomes new IMF chief

2011-06-30 14:57:40

A spokesman of the People's Bank of China (PBOC), or the central bank, said Wednesday that China welcomes the endorsement of French Finance Minister Christine Lagarde as the new chief of the International Monetary Fund (IMF).

Banana-eating campaign to help farmers

2011-06-30 14:43:30

China's netizens have started a new movement, calling on people to buy and eat bananas in a bid to help banana growers who have recently suffered from poor harvests and rumors that their fruit is artificially ripened.

China introduces pubic tenders for shale gas exploration

2011-06-30 14:36:02

China's Ministry of Land and Resources will open a second public tender for the sale of shale gas prospecting rights later this year after its first tender sale held on Monday, the Shanghai Securities News said in a Thursday report.

CDB signs memorandum with Taiwan bank

2011-06-30 14:31:11

China Development Bank (CDB), one of the country's three policy banks, signed a memorandum with Taiwan Cooperative Bank on Wednesday to further strengthen cross-border trade and investment.

Australia's 'Big Four' banking on China growth

2011-06-30 14:28:28

Australia's "big four" banks have been intensifying competition to secure a foothold in China, with the Australia New Zealand bank (ANZ), National Australia bank (NAB) and the Commonwealth Bank, all jostling for pole position.