|
Machinery, textile
industries
BEIJING, Feb. 3 (Xinhua) -- Support plans for the
machinery and textile industries have been drafted and will be submitted
to the State Council, the Chinese cabinet, for discussion, according to a
media report. Full story |
Shipbuilding industry
BEIJING, Feb. 11 (Xinhua) -- China's State Council adopted a stimulus
plan Wednesday for the shipbuilding industry at an executive meeting
chaired by Premier Wen Jiabao. Full story |
|
Auto, steel industries
Analysis
BEIJING, Jan. 14 (Xinhua) --
China's State Council unveiled a long-awaited support package for the auto
and steel sectors Wednesday to boost the two "pillar
industries". Under the plan, the government will lower the purchase
tax on cars under 1.6 liters from 10 percent to 5 percent from Jan. 20 to
Dec. 31 in a bid to stimulate sales. Full story |
Electronics and information
industry
BEIJING, Feb. 18 (Xinhua) -- The government will boost innovation,
increase financial input and promote the use of information technologies
in various fields in the next three years, according to an executive
meeting of the State Council, or the Cabinet. Full story |
|
Light industry, petrochemical
sector
BEIJING, Feb. 19 (Xinhua) -- The State Council, or China's Cabinet,
announced plans to boost the country's light industry and petrochemical
sectors in a bid to stimulate the economy.
The country will lift processing trade
restrictions on some labor-intensive, technology-intensive,
energy-efficient, and environment-friendly products, according to an
executive meeting of the State Council on Thursday. Full story |
Nonferrous metals, logistics
BEIJING, Feb. 25 (Xinhua) -- China's State Council on Wednesday
announced support plans for the country's nonferrous metals and logistics
sectors.
The product structure of the nonferrous industry
should be adjusted to meet the demand of power, transportation,
construction, mechanics and light industries, the announcement said. Full story |
|
Premier Wen:
China confident of weathering financial crisis
LONDON, Feb. 2 (Xinhua) -- Chinese Premier Wen
Jiabao told the Financial Times on Sunday that based on a scientific
attitude and pragmatic view he is confident China will weather the global
economic crisis.
The confidence, Wen said, comes from a correct
judgment of the current situation. He also credited China's robust
material foundation and the strong economic system that his country has
established during the past 30 years of reform and opening-up. Full story
|
|
China's 4 trillion
yuan stimulus to boost economy, domestic demand
BEIJING, Nov. 9 (Xinhua) -- China said on Sunday it
will loosen credit conditions, cut taxes and embark on a massive
infrastructure spending program in a wide-ranging effort to offset adverse
global economic conditions by boosting domestic demand. Full story
|