equipment
chinese machinary      chinese equipment      
Main page | News | Guestbook | Contact us
Русская версия

Products:
Mini-factories
Transport
Equipment
Instruments
Food products
Building materials
Leisure and garden inventory
Medicine and public health
Gas and gas equipment
Oil equipment
Chinese Silk
Underwear, T-shirts
Various production line by Customers order
Silver coins
SERVICES
Safety
ABOUT US

Contact us
Tel: +86 13903612274
Email: mega@asia-business.biz

News from China
EU launches public consultation for granting China market economy status
11th February 2016

The European Union (EU) launched a public consultation concerning whether to grant China the market economy status (MES) on Wednesday, seeking inputs for its in-depth assessment of the status-changing on the bloc's economy.

Open for 10 weeks, the online consultation was about the methods used in the EU's "anti-dumping" procedures on imported Chinese product, as the current measures are set to expire in December, said the European Commission, the EU's executive body, in a statement.
The Commission was currently carrying out a "comprehensive" assessment on the economic effects of changing the treatment of China as a market economy in its "anti-dumping investigations."
 
The current rules the EU adopted to calculate dumping margins on Chinese product, which based on that China was not considered a market economy in anti-dumping proceedings, will expire on Dec. 11, according to rules of the WTO.
The Commission was set to offer a proposal to the European Council and the European Parliament on whether to grant China MES before the deadline.
 
Since the EU has not regarded China as a market economy, China has fallen victim to some unfair and discriminatory EU practice.
Under the current EU anti-dumping investigations against China, the assessment is based on a comparison of the export price with that in a "surrogate country" with MES, instead of the domestic price of the product in question.
 
So far, over 80 economies, including Russia, New Zealand, Singapore and Australia, have recognized China's status as a market economy.
 
Source: Xinhua
China to further cut government funds for public financial relief
10th February 2016

China will further cut government funds to reduce financial burden on the public, according to the Ministry of Finance (MOF).

The government cut, streamlined and optimized a total of 13 government funds in early February. Moves of such kind will reduce financial burdens worth 26 billion yuan (3.96 billion U.S.dollars) for enterprises and individuals this year.
 
Government funding is set up to support public infrastructure development and public services by charging enterprises and individuals.
The government has been cutting unnecessary government funds in recent years, whose number fell from 327 items in 2000 to 28 items now.
 
China will also cut illegal funds set up by local governments this year, according to Shi Yaobin, deputy head of MOF.
 
Source: Xinhua
Less festive fireworks in big citie
9th February 2016

The remains from fireworks set on the lunar new year eve were significantly reduced in Beijing, the city's sanitation office said Monday.

Nearly 2,000 sanitation workers cleaned up 413 tonnes of fireworks debris in the 24 hours from 6 a.m. Sunday on, about 34 percent less compared with that last year.
 
Statistics showed a decrease in firework sales for five consecutive years in Beijing due to people's rising awareness of environment.
Shanghai reported about 34 tonnes of fireworks debris, most of them in suburban areas, after a fireworks ban within the urban area took effect on Jan. 1.
 
Due to a similar ban, Hangzhou, capital of Zhejiang Province, also saw less firework trash, only 11.4 tonnes compared with 90 tonnes and 225 tonnes in 2015 and 2014, respectively.
 
Source: Xinhua
Chinese Internet giants woo customers with cash gifts
8th February 2016

An incredible amount of gift money will be handed out at New Year by Chinese Internet companies competing for the mobile payment market.

Alipay announced it would give away 800 million yuan (121 million U.S. dollars) on the lunar New Year's Eve. Viewers of the central broadcaster's gala can share the money by accessing to the company's mobile App while watching the show.
 
Tencent's instant messaging tools, QQ and WeChat, have 200 million yuan of "red envelopes" to give away to its customers. A company spokesman told Xinhua the number of "red envelopes" sent and received via its WeChat messaging platform reached 2.31 billion on Jan. 1, and expects the number to exceed 10 billion during Spring Festival, 10 times more than last year.
 
In December, Apple and China UnionPay announced a partnership to bring Apple Pay to China to cash in on mobile payment services.
 
Source: Xinhua

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178