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Commodities

Gold production to be increased

China has announced plans to increase gold output by 5 per cent a year over the next five years. Total output over the period 2001-05 would be 1,000 tonnes, said the State Economic and Trade Commission. The country produced 143.5 tonnes of the metal in the first 10 months of 2001, 4.4 per cent higher […]

Categories
Commodities

China becomes an aluminium exporter

Customs figures showed that in the first nine months of 2001, China exported 217,904 tonnes of primary aluminium, more than three times as much as in the same period of 2000. Its exports stood at 164,851 tonnes, a year-on-year drop of 60 per cent. A senior industry executive, speaking at a conference in Shenzhen, said […]

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Economics & Trade

Dedicated offices for WTO affairs

The Ministry of Foreign Trade and Economic Co-operation has set up two new offices to look after changes in foreign trade under the World Trade Organisation, China Daily said. The Department of WTO Affairs is charged with ensuring that China carries out its obligations under the WTO agreements. The Fair Trade Bureau will ensure that […]

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Economics & Trade

Tax breaks for foreigners to end

Government officials have confirmed that China will phase out the preferential tax treatment granted to foreign companies in special economic zones, the Financial Times said. The move follows China's accession to the World Trade Organisation and is an application of the principle of creating a level playing field for domestic and foreign companies. Officials are […]

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Law & Regulation

Revision of copyright law

China has revised its laws on copyright and trademarks to bring them into line with World Trade Organisation rules, South China Morning Post said. The new Copyright Law provides stronger computer software protection by including a stricter definition of pirating and extends protection to acrobatic performances and architectural drawings. The new law also includes practical […]