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Finance Minister Jin holds press conference

Source: Xinhuanet | 03-09-2007 13:44

Chinese Finance Minister Jin Renqing (C) addresses the media during a press conference held by the Fifth Session of the Tenth National People's Congress in the Great Hall of the People in Beijing, capital of China, March 9, 2007. (Xinhua/Pang Xinglei)

Chinese Finance Minister Jin Renqing (C) addresses the media during a press conference held by the Fifth Session of the Tenth National People's Congress in the Great Hall of the People in Beijing, capital of China, March 9, 2007. (Xinhua/Pang Xinglei)

China's finance minister says to spend more on education in 2007

BEIJING, March 9 (Xinhua) -- China is likely to spend more than 3 percent of its gross domestic product (GDP) for the development of education in 2007, Finance Minister Jin Renqing said here Friday. Full story>>

Minister: If passed, corporate income tax law to take effect next Jan.

BEIJING, March 9 (Xinhua) -- China's Finance Minister Jin Renqing said Friday that the corporate income tax law under parliament deliberation is expected to take effect as of January 1,2008, if it is passed by the ongoing annual session of the National People's Congress (NPC). Full story>>

Minister: unified corporate taxation to reduce revenue by 100 bln yuan

BEIJING, March 9 (Xinhua) -- China's Finance Minister Jin Renqing said Friday that if the top legislature approves unified domestic and foreign-funded enterprise taxation, the government revenue will drop about 100 billion yuan (12.5 billion U.S. dollars) annually. Full story>>

Finance minister: China to form state forex investment company

BEIJING, March 9 (Xinhua) -- China is preparing for the establishment of a foreign exchange investment company directly under the cabinet, to make better use of its massive foreign exchange reserve, Finance Minister Jin Renqing said here on Friday. Full story>>