Ministry of Finance

China's economic assistance to its nuclear threat neighbour is a state secret

5 Feb 2013

Previously sentenced to re-education through labour ahead of the Olympics, 81-year-old activist Wang Xiuying demands to know how much support China gives North Korea.

9:56AM

Briefs, January 6, 2013

6 Jan 2013

The PLA air force yesterday said no Myanmese jets had entered Chinese territory during raids on Kachin rebels.

4:46AM

Beijing vows to cut taxes, limit local borrowing

21 Dec 2012

The Ministry of Finance pledged to offer greater support to job-creating small companies through tax and fee cuts, to regulate local government borrowings and to maintain a reasonable size of...

3:46AM

Beijing revises dividend tax in bid to revive stock market

17 Nov 2012

To encourage long-term investment in the beleaguered stock market, Beijing unveiled a new dividend tax regime yesterday after the benchmark edged closer to a psychologically significant lower...

4:13AM

Business Digest, October 19, 2012

19 Oct 2012

Cabinet promises 'reasonable' liquidity

3:33AM

China to add funding to public housing

8 Oct 2012

China will add 5 billion yuan (HK$6 billion) of funding to help build public housing projects and revamp shanty towns, the finance ministry said on Monday.

The move is the latest sign of...

12:34PM

Opinion

Worrying economic parallels between China and India

4:13PM

Howard Winn

Elsie Leung caught up in Rusal's byzantine politics

3:35AM

Profits at SOEs fall 11.6pc this year as costs rise

State-owned companies' profits fell to 1.02 trillion yuan in the first six months of the year, 11.6 per cent less than in the same period last year, due to higher input costs, the Ministry of...

9:34PM

Debts of 2 trillion yuan and rising

In a sign that the troubled Ministry of Railways is scaling back its rail-building projects, it is denying earlier media reports that it is seeking 800 billion yuan (HK$978.8 billion) of funding...

12:11AM

Local governments get go-ahead to sell bonds

For the first time in 17 years, the mainland has given approval for selected local governments to directly sell bonds as it seeks to help them tackle a financing shortfall for public projects...

10:40PM

Government income jumps 34pc to 755b yuan

The mainland's fiscal revenue surged 34.4 per cent last month from a year ago, keeping Beijing with sufficient funds to manage a slowdown in economic growth in the face of an escalating European...

7:30PM

Slowdown in revenue growth likely

The mainland's fiscal revenue rose 31.2 per cent year on year to 5.69 trillion yuan (HK$6.85 trillion) in the first half of this year, continuing a trend that has seen this revenue outpace growth...

2:48PM

State agencies told to buy local

The mainland plans to introduce strict rules for government procurement of imported products, with the aim of protecting domestically manufactured products and promoting innovation, local media...

8:32PM