Long-wheelbase E-Class, 1.6-liter C180 produced to meet local market conditions
German carmaker Daimler AG’s joint venture with Beijing Automotive Industry Holding Corp plans to more than double sales of Mercedes-Benz cars this year from 2009 by offering two major new models.
Mark Si, executive vice-president for sales and marketing at Beijing Benz-DaimlerChrysler Automotive Co Ltd, told China [...]
China’s retail sales in 2009 rose 15.5 percent year-on-year to 12.53 trillion yuan, the National Bureau of Statistics (NBS) said Thursday.
Real (inflation-adjusted) retail sales growth was recorded at 16.9 percent in the year.
The real rise was 2.1 percentage points higher than that of a year earlier.
The December growth rate was 17.5 percent compared with the [...]
China’s tax revenue reported an annual increase of 9.1 percent to 6.31 trillion yuan (928 billion U.S. dollars) last year, said a statement posted Friday on the website of the State Administration of Taxation.
Tax revenue excludes tariffs, tonnage dues, farmland use tax and contract tax, said the statement.
Domestic retail sales tax revenues jumped 85.4 percent [...]
Official figures Monday confirmed China had overtaken the United States to become the world’s top auto maker and market in 2009 boosted by government stimulus measures.
The China Association of Automobile Manufacturers (CAAM) announced annual sales rose 46.15 percent year on year to 13.64 million units . Output increased 48.3 percent to 13.79 million units.
Passenger car [...]
China has begun to restrict the mining and production of refractory clay and fluorite over concerns about reserve decrease and environmental pollution, according to a notice posted on the central government’s website Sunday.
The government would implement comprehensive measures, which involve taxation, production planning management, industry entry standards and export policies, for the restriction, says the [...]
China will begin levying from today a 20-percent personal income tax on founding individual investors who make a profit from selling their locked-up shares as it seeks to promote a healthy development of its capital industry, the State Council, China’s Cabinet, said yesterday.
The 20-percent tax move is also to adjust the taxation arrangement for wealthy [...]
