News
According to CICC report, China macro tax bearing rate was as high as 37% in 2014, far beyond the rates of advanced countries which were averaged between 30%-35%.
8-28-2015 09:53:52
On August 22th, an explosion occurred to Shandong Runxing Chemical. This company was established in 2012 and the construction was finished in July.
8-27-2015 17:58:38
According to the General Administration of Customs, China imported 68,700 mt of polyester chip from January to June, 2015, which was averaged at $1,556/mt.
8-27-2015 17:58:12
When value-added taxation restoration was still fresh news, the devaluation of Chinese currency pushed up domestic urea price in ports by CNY60-80/mt within 3 days. Price in Shandong ports r
8-27-2015 17:57:40
It is reported that, since September 1st 2015, China will restore value-added taxation upon fertilizer at the rate of 13%. Such news shocks China fertilizer market.
8-27-2015 17:57:08
Chinese spot steel prices dropped for most of the week, reflecting slow demand in the world’s top consumer.
8-27-2015 15:34:50
China’s coal giants Shenhua Group and China Coal Energy Co., Ltd. operated their coal-to-olefin projects at over 100% capacity in the first half of the year, despite falling oil prices, sh
8-27-2015 15:21:39
