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China's economic aggregate ranked third in the world as of 2008, pulling it into the list of lower-middle-income countries from low-income ones, according to a Sept 7 report released by the National Bureau of Statistics (NBS).
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Construction of the Sichuan-Tibet railway will begin this month, scol.com.cn, a Sichuan-based news portal reported Tuesday, with details on the railway's scale, direction and number of stops recently released by the China Railway No 2 Bureau in Chengdu, capital of Southwest China's Sichuan Province.
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China announced Tuesday that it will raise the benchmark retailing prices of gasoline and diesel by about 4 percent as of Sept 2.
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China's Ministry of Industry and Information Technology has drafted a six-year plan for rare earth industry that advocates centralized development in a bid to protect the environment and conserve the country's rare earths resources, the China Business News reported Tuesday.
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Apple's iPhone will go on sale later this year in China, the world's largest mobile market, but its partner China Unicom may find selling the phone carries its own burdens.
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Chinese Commerce Minister Chen Deming said Friday that he hoped Russia will continue to properly handle problems relating to the rights of Chinese business people after the closing of a Moscow market.
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Macquarie Group Ltd, Australia's biggest investment bank has set up a trust company joint venture in China with an initial capital of 300 million yuan (44 million U.S. dollars), reported Friday's China Daily.
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The People's Bank of China (PBOC), the central bank, published its Annual Report 2008 on August 25, emphasizing the stability of the moderate increase in monetary credit and reaffirming the growth target of total annual money supply, making M2 growth stand at about 17 percent.
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East Star Airlines, the debt-laden private airline based in central China's Wuhan City, officially went bankrupt after its restructuring application was rejected Thursday.
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China's equities rose for the third trading day as the benchmark index advanced 1.1 percent on Monday's close, led by China Petroleum and Chemical Corporation (Sinopec) and non-ferrous metals.
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August 11 figures from the Central Bank displayed that the new bank loans were only 355.9 billion yuan in july,residents’saving deposits dimished 19.2 billion yuan, it was the first occurrence of residents’saving deposits diminishing since october 2007,some analysts believed that a fairly large portion of them might have enter the stock markets.
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According to the report by Taiwan’s Economic Daily News on 15th July 2009, the largest digital publishing platform in Taiwan, Book11, was officially launched. Book11 is Taiwan’s only electronic book service platform combining software and hardware, and is able to download nearly 10,000 books, using originally created automatic pictures and text typesetting technique, enhancing screen legibility and comfort.
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Business