He also stated that China’s industry focuses primarily on the domestic market, with only 5 percent of goods being exported, and that it receives no export-oriented subsidies. Meanwhile, the China Council for the Promotion of International Trade (CCPIT), China’s trade promotion body, announced...
But the most important reason is that China receives a surplus of U.S. dollars due to the trade imbalance between the two countries, as China exports more to the U.S. than it imports. But, Chinese companies and their workers need to be paid in China's local currency. This means the ...
The Beijing Municipal Commerce Bureau and other government units recently issued the “Implementation Plan for Further Promoting Car Trade-In in Beijing by 2025”, which revealed that Beijing's automobile trade-in subsidies are divided into scrapping and renewal subsidies and replacement and renewal sub...
"Our school even provides us with daily needs such as bedding, mattresses and cleaning supplies," she added. The subsidies Tsering Drolma receives are an example of the efforts the region is making in its educational development. According to the Xizang Education Department, the region w...
On June 12, the European Union announced new provisional levies on Chinese electric vehicles (EVs), with the tariff level to be based on estimates of how much state support an EV exporter receives. The new tariffs follow from a months-long investigation into China’s use of financial subsidie...
The article reports on the announcement made by the Education Ministry in China, that the country will increase student subsidies to help ease the burden of increasing food prices. According to the ministry, about one in five students receives a yearly stipend of 2,000 yuan and a small number...
The Chinese nation never forgets the help and generosity it receives, and always reciprocates with the same goodwill; China has al- ways supported other countries in poverty alleviation and development to the full extent of its ability. 3. International Exchanges and Cooperation To improve the ...
Since the reform and opening up, we've seen rapid economic development, vigorous attraction of foreign investment, the application of advanced science and technology, exemption of agricultural taxes, the implementation of food subsidies and a series of other measures. As a result, China's urban ...
"This train has proved how vigorously it [the rail service] can step up, how efficient it is and how quickly it is able to work through weak moments," said Bernt Puten, who manages a cargo company that receives Chinese rail freight in Germany. READ...
a中国现有的《食品安全法》规定对于不法企业罚款上限是“货值金额十倍以下罚款”或“十万元以下罚款”。 China existing "Food Security Method" stipulated is “below goods value amount ten times fines” or “below 100,000 Yuan regarding the illegal enterprise fine upper limit fines”. [translate] ...