Brazils' Economy:Too Hot

Brazil has a lot to be proud of.A decade of faster growth and progressive social policies has brought a prosperity that is ever more widely shared.The unemployment rate for April,at 6.4%,is the lowest on record.Credit is booming,particularly to the swelling numbers who have moved out of poverty and into the middle class.Income inequality,though still     

Sustainable Development Remains Challenge for China's Consumer Goods

China's consumption continues to grow steadiiy in this year driven by the adjustment of the economic growth model,increases in household income,development of technology,acceleration of urbanization,consumption upgrades and the govern ment policies to stimulate consumption.Yet it still remains a challenge for China's consumption if it wishes to achieve sustainable development.     

Year 2000:China''''s Economy Along the Dividing Line

China broke US$1,000 billion in GDP for the first time in 2000, with a per c4Pita GDP of US$800,crossing the dividing line for "low income countries (per capita GDP at US$800)" and becoming a mediumand low and medium income growth countries (per capita GDP from US$800 to 3,000)." But its GDPquality was not to be optimistic China's reform involving those who have made quick profit faces difficulties,China is on the dividing line.Leaving the Label of "Poor Country"to the Last Century…     

Proactive Continue,More Weight on Tax Reduction

In battling against the current global economic crisis, fiscal and taxation policies, as the most important means to intervene the economy, has been the major approach for the governments throughout the world to offset impact of the crisis.China, as the economy with the fastest growth, has received much attention, and China's fiscal and taxation policies which contributed much to the strong economic recovery,in particular, is the very concern of the public.So, what is the trend of the fiscal and taxation policies during 2010?     

＂I Won＇t Invest in China＇s Real Estate＂ -- Can Behavioral Economics Save the Capital Bubble？

＂I cannot see clearly when the real estate bubble in China will burst. However, there is certainty that housing prices will swiftly fall, and China can learn the lesson from the 1980s＇ real estate market in Japan＂ said Professor Robert.J.Shiller, ＂I don＇t want to put my judgment as a foreigner on the Chinese people, however, the housing price is obviously too high in some big cities. My suggestion is that since income is in an overall down- ward trend, the housing price should be much lower. Although income will grow as time goes by, the value of Chinese houses should not reach that of London and New York for another 20 to 30 years. Currently, the soaring housing price in China is like a bubble. Personally, I will definitely not buy or invest in property in China.＂     

CHINA''S BANKING REFORM in Progress (Part Ⅱ)

Ⅱ.2 Operating Income in 2007 Operating income sustained high growth into 2007 on account of rapid increases in both net interest income and fee and commission income.For the tbur listed state commercial banks,operating income reached RMB 716.6 billion in 2007,an increase of 37.7% over 2006 (Table 2).     

Proactive Continue,More Weight on Tax Reduction

In battling against the current global economic crisis, fiscal and taxation policies, as the most important means to intervene the economy, has been the major approach for the governments throughout the wodd to offset impact of the crisis, China, as the economy with the fastest growth, has received much attention, and China＇s fiscal and taxation policies which contributed much to the strong economic recovery, in partieular, is the very concern of the public.     

CHINA＇S BANKING REFORM in Progress（PartⅡ）

Ⅱ.2 Operating Income in 2007
Operating income sustained high growth into 2007 on account of rapid increases in both net interest income and fee and commission income.For the four listed state commercial banks,operating income reached RMB 716.6 billion in 2007,an increase of 37.7%over 2006（Table 2）.Net interest income reached RMB 623.7 billion,an increase of 34.1%over 2006,on account both higher loan growth and greater interest margin,2.77%in 2007 up by 0.01 percentage points     

Guide to Application, Transsction and Administration for Duty Reduction or Exemption

Goods under duty reduction or exemption is a tariff preference measure that the state gives to the qualified enterprises and units.When enjoying the right of duty reduction or exemption,enterprises and units shall value this right and assume the responsibility to apply for,to use,to take care of and to deal with the goods under duty reduction or exemption in accordance with laws and regulations.     

China's Consumption to Hit Record Low

China's consumer spending, blamed for lackluster contribution to the world's fastest-growing economy compared with investment and trade,will hit a record low in more than two decades, despite anticipated higher growth in urban income than that of the aggregate economy,according to experts.     

High-tech—industry Flourish in Heze

Heze is a time-honored city in southwestern Shandong province. Heze is the larg- est center in China for the cul- tivation of the"national flower"peony,after which the Mudan District was named.Over 30 percent of its national income comes from the sale of peony. April is the golden time for peony to flourish its beauty. While the fragrance of peony spreading over households and     

Preferential Policies in Langfang City for Foreign Investors

——A foreign investment production enterprise scheduled to operate for a period of 10 years or more may, upon approval by the tax authorities, be exempt from enterprise income tax in the first and second profit-making years and may be allowed a 50% reduction in the third to fifth years. ——As to the additional registered capital scheduled to operate for a period of 10 years or more from a foreign investment enterprise, it may, upon approval by the tax authorities, be exempt     

China’s Accomplishments in Hitting Poverty Alleviation Targets Grabs World Attention

On November 23,2020,Guizhou Province announced that its last nine poverty-stricken counties had officially been lifted out of poverty,signaling that all the 832 counties across the country have now been removed from China’s poverty list.China has accomplished its poverty alleviation targets for the new era after eight years of continuous effort.All the impoverished people in rural areas have now been lifted out of poverty according to the current standards.As all the poverty-stricken counties have been removed from the poverty list,both absolute poverty and regional poverty have been eliminated.This means that approximately 100 million people have emerged from poverty,which is a prominent contribution to the alleviation of world poverty.     

Preferential Policy and Tax Regulations Income Tax of Enterprises and Local Income Tax

*Newly-built joint ventures engaged in new and high technological enterprises shall enjoy a 15 percent reduction of income tax for two years, or a 24 percent reduction for two years and a 50 percent reduction in the following three years. A choice between the two may be decided by the said enterprises. **Service industry, those enterprises with a foreign capital of more than US$5 million shall be exempt from the tax for     

SMES＇FINANCING,Hard Nut to Be Cracked？

Small and medium-sized enterprises （SMEs） are a crucial driving force for innovation, employment and development and the engines of growth in an economy. But as the sector is characterized by information asymmetries and high processing costs, banks are reluetam to lend to SMEs, which have long faced difficulties in financing. Amid capital depletion, risk aversion and credit contraction in the current global economic crisis, the issue of financing for SMEs is a pressing issue for all natlons, which is not exceptional to China.     

SUIXI'S AGRICULTURE

Suixi, located in the northern part ofAnhui Province, covers 2,381 squarekilometres and has a population of 1.06million. It is wellknown as the home of wineand coal. Its traffic network connects it withthe Longhai Line of the Euroasia ContinentalBridge to the north, the Jinhpu Railway tothe east and the Jingjiu Line to the west.Program-controlled telecommunicationsextends over the county. Enjoying rich powersupply and plentiful coal resources, Suixiachieved GNP of RMB2.5 billion, RMB 142million of financial income and RMB1,320of per capita income for peasants in 1995. Inthe past five years, the county's comprehensiveeconomic strength has ranked among the topten counties for best economic returns inAnhui Province. Suixi is appointed by the World Bankfor irrigation enforcement transformationand as the Huanghuaihai harnessing zone.After several years of effort, the county has     

Guide to Application,Transaction and Administration for Duty Reduction or Exemption

Goods under duty reduction or exemption is a tariff preference measure that the state gives to the qualified enterprises and units.When enjoying the right of duty reduction or exemption, enterprises and units shall value this right and assume the responsibility to apply for, to use, to take care of and to deal with the goods under duty reduction or exemption in accordance with laws and regulations. In order to make the enterprises and units understand the requirements for the application for and supervision over the goods under duty reduction or exemption, to enhance the internal administration and to promote the sound relationship and win-win cooperation between Customs and enterprises and units, here Customs will notify the relevant affairs seriously as follows：     

Textile Industry: Stimulus Plan Laid out as It Suffers

China's commerce ministry has said textile export growth is poised to slow down further this year and indicated that it does not plan to go back to the quota system in textile trade. The growth rate in China's textile exports will continue decreasing this year and there will be no "big increases" in exports to the US and the EU markets although quota restrictions on exports to the two markets have been eliminated from the beginning of this year,the ministry said in a statement on its website.     

Huatie Intermedia, A Leading Media Runner in Low Voice Train

When most of the media are confused in the anxiety of the advertisements income in 2007, Lu Liming has started the consideration of seeking the breakthrough of railway media in 2008. Actually Lu has some anxiety, for instance, the too much scheduled advertisements to be reasonably arranged.     

China ＆ ASEAN, Two Giants Joining Hands

As people often say, ＂the 21st century is the century for Asia＂, .China and ASEAN, the two giants standing in Asia are working together to create a more prosperous century as they had planned. China and the countries in ASEAN are home to nearly two billion people, growing markets for a wide range of products, and all are making constant improvements in income levels and development.[第一段]