Posts Tagged ‘billion’

United States: decrease of 25.5% of the federal deficit

March 10th, 2010 | Tags: , , , ,
The federal deficit of the United States for the first 5 months of the current fiscal year totaled 162.2 billion dollars (billion dollars), a decrease of 25.5% over the same period last year earlier, said Monday the U.S. Treasury Department.
Thi...

Rapid growth of trade between China and its major partners in the first two months

March 10th, 2010 | Tags: , , , ,
According to the latest figures from the General Administration of Customs, bilateral trade between China and its major partners, particularly the European Union (EU), the United States, Japan and ASEAN has grown considerably on the first two months o...

China’s hydropower Three Gorges project generates 150 billion kwh of electricity in 3 years

March 9th, 2010 | Tags: , , , ,
Hydropower Three Gorges on the Yangtze River has generated more than 150 billion kwh of electricity since its commissioning in 2003, said Sunday the soiciété the Three Gorges Project.
Electricity produced by this plant has been distributed to ...

China became the world’s largest market of integrated circuits

March 9th, 2010 | Tags: , , , ,
China has become the largest market for integrated circuits (ICs) in the world in 2006, surpassing Japan and the United States, reported the China Securities said in its Monday edition.
The market for semiconductors in the country registered a t...

China has become the largest market for integrated circuits in the world

January 11th, 2010 | Tags: , , , ,
China became in 2006 the largest market for integrated circuits in the world, surpassing Japan and the United States, announced in Shanghai Yu Zhongyu, head of the Board of Directors of the sector of semi-conductors China.
Last year, the Chinese...

The unification of corporate tax would cost 100 billion yuan of tax revenue to China

January 11th, 2010 | Tags: , , , ,
The Chinese Finance Minister Jin Renqing said Friday that if the Chinese parliament approved the single tax for companies with domestic or foreign financing, the government’s annual income would fall by about 100 billion yuan (12.5 billion dolla...

Jumped 32.7% of net profits of the Bank of Communications of China in 2006

January 11th, 2010 | Tags: , , , ,
Bank of Communications, the fifth largest lender in China, has achieved net profits of 12.27 billion yuan in 2006, an increase of 32.7% year on year.
The value of the bank’s assets totaled $ 1 710 billion yuan, up 20.8%, according to the l...

A rate of corporation tax would reduce the unified tax revenue of 100 billion yuan, according to Chinese Minister of Finance

January 9th, 2010 | Tags: , , , ,
The Chinese Finance Minister Jin Renqing said Friday that if the supreme legislative body approves a unified tax rate on income of corporations, both domestic and foreign, the government tax revenues could fall by 100 billion yuan ( 12.5 billion dolla...

China spends more on rural education

January 7th, 2010 | Tags: , , , ,
China will invest 218.2 billion yuan (27.28 billion dollars) more to rural education over the period 2006-2010, according to the Ministry of Finance.
The money will be distributed by the central and local budgets, according to what the ministry ...

The bio-industry in China aims revenue of 500 billion yuan

January 7th, 2010 | Tags: , , , ,
The bio-industry in China gallop to 500 billion yuan (64.9 billion dollars) in sales revenue in 2010, said an official with the National Commission for Development and Reform Commission (NDRC) on Monday.
The bio-industry, covering in particular ...