Under the country's tax system, the business income tax rate usually is 25 percent. Lingang, which is in the farthest southeastern part of east Shanghai's Pudong New Area, has provided many ... ( read original story ...)
China trims lending rates with new benchmark, more rate cuts expected
SHANGHAI/BEIJING — China lowered its new lending reference rate slightly on Tuesday, as expected, as the country’s central bank kicked off new interest rate reforms designed to lower corporate ... ( read original story ...)
Shanghai aluminum jumps to over 9-mth high on China supply worries
SINGAPORE — Shanghai aluminum hit an over nine-month high on Tuesday, tracking gains in London in the previous session, as fears of a shortage added to gains from China’s measures to boost the ... ( read original story ...)
Shanghai aluminum hits 9-mth high amid supply concerns
In Shanghai, copper rose 0.4%, nickel fell 0.9%, zinc advanced 0.3% while lead increased 0.6%. * For the top stories in metals and other news, click or * Asian shares extended their gains as hopes ... ( read original story ...)
China’s central bank cutting interest rates by stealth
The Shanghai Composite index also ended up 2.1% ... and speeding up reforms in the rural areas. The Chinese central bank also has a rich policy toolkit to manage the supply of money. In recent years, ... ( read original story ...)
SJ visits Shanghai
Secretary for Justice Teresa Cheng today led a delegation to Shanghai to promote Hong Kong's co-operation with Mainland legal sectors. In the morning, Ms Cheng met Shanghai Vice-Mayor Xu Kunlin to ... ( read original story ...)
Shanghai set to become global business hub
The city of Shanghai, on China's east coast, is aiming to consolidate itself as an international business hub and local authorities have presented a series of policies to attract more foreign ... ( read original story ...)