Tax relief for 60 millions

2011-08-31 17:45:22

Some 60 million people will be freed from personal income tax from Thursday as new tax thresholds take effect. Anyone with monthly income of 3,500 yuan ($550) or less will not have to pay tax.

Cost Of Living Index will increase minimum wage

2011-08-31 16:24:39

The new Cost Of Living Index (COLI) will help improve the linkage mechanism between the adjustment of minimum wage and commodity prices.

China to give more thought to struggling SMEs

2011-08-31 16:05:40

To support struggling small- and medium-sized enterprises (SMEs), China's State Council will hold a conference in September for SMEs to discuss policies for the sector's development.

60m free from personal income tax

2011-08-31 14:46:54

A new personal income tax law of China will be implemented from Sept 1, exempting 60 million people from paying personal income tax from that date onwards, china.com.cn reported Wednesday.

Student apologizes for mass hacking

2011-08-31 13:49:47

A student from the Guangdong University of Foreign Studies has made an online apology for his role in the mass hacking of his schoolmates' computers on Monday.

Fitch Ratings warns Chinese banks

2011-08-31 14:00:15

China's banking industry may risk facing significant pressure in the future, Fitch Ratings warned during the 2011 Sovereign and Banking Seminar in Beijing.

Leading bio-energy company sees rapid growth

2011-08-31 10:36:48

A London-listed leading Chinese bio-energy company saw rapid growth while eyeing the international market more.

Fears for patients in HIV donor scandal

2011-08-30 17:33:33

One of five patients who mistakenly received transplanted organs from a HIV-positive donor may have contracted the disease, cnr.cn reported Tuesday citing medics.

Hostage rescued after bus hijacking in E China

2011-08-30 17:12:09

A hostage has been rescued after a coach running on the highway of Nanjing's Third Yangtze River Bridge was hijacked in Nanjing, East China's Jiangsu province, jschina.com.cn reported Tuesday.