China exports up 21% in first 10 months [November 10, 2002]
Exports for the first 10 months of the year were valued at US$262
billion, up 20.6 per cent year-on-year,¡°China's export growth topped
20 per cent in the first 10 months of the year against the same
period of 2001, as the trade surplus widened to nearly US$25 billion¡
¡ Exports for the first 10 months of the year were valued at US$262
billion, up 20.6 per cent year-on-year, while imports rose 18.7
per cent to US$237.8 billion, the General Administration of Customs
(GAC) ¡¡±
China economy to grow by more than 8% [November 10, 2002]
Exports for the first 10 months of the year were valued at US$262
billion, up 20.6 per cent year-on-year expected to hit record
levels of US$600B and US$50B respectively¡°The forecast surpasses
last year's growth rate of 7.3 per cent and exceeds recent official
predictions of 7.8-per-cent growth¡
¡Apart from being the engine of growth, private firms - which
swelled from a mere 90,000 in 1998 to over two million last year
¨C are seen as a source of new jobs for tens of millions of Chinese
workers¡¡±[Click
here for the full story]
Venture-capital Access to Ease [November 10, 2002 ]
China is to grant foreign investors easier access to its venture-capital
industry
¡°The tax rate for foreign-funded venture-capital firms will be
lowered from the present 33 per cent to 15 per cent or even less¡¡±[Click
here for the full story]
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