Posts Tagged ‘Ministry of Commerce’

China Lowers Corporate Income Tax Rate For 186 Software Enterprises

Chinese government departments have jointly issued a notice about key software enterprises included in China’s [...]


China Implements Stricter Management Of Virtual Currency

China’s Ministry of Culture and Ministry of Commerce have jointly focused on the management of virtual money for online games with a new regulation which states that virtual currency should not be used in trade of real goods and services.
According to the regulation, the enhanced management of online games focuses on four aspects: the issuers [...]


Taobao.com Trade Value Reached CNY99.96 Billion In 2008

Chinese Internet auction and e-commerce website Taobao.com has announced that its trade value in 2008 reached CNY99.96 billion, making it one of the largest comprehensive shopping platforms in China.


Best Buy Finally Opens Second Flagship Store In China

After much preparation, American electronics retailer Best Buy (BBY) will open its second flagship store in China in Shanghai’s Zhongshan Park area on August 26, 2008.


Three Chinese Ministries Promote UOF Office Software

The International Department of the Central Committee of CPC, the Ministry of Commerce of China, and the State Archives Administration of China have started to promote the Chinese-made Uniform Office Format standard, and it will be promoted in at least six ministries in China before the end of 2008.


Tech Companies Busted For Not Fulfilling Donation Promises In China

Statistics from China’s Ministry of Commerce show that 12 companies, including Nokia, Google China, and Texas Instruments, have not fulfilled their promise of making donations to China’s earthquake areas, but most of the companies say that they have been wronged as Ministry of Commerce’s statistics are incomplete.


China Drafts Two New Important Regulations For E-commerce

To better regulate online transactions in China, the Ministry of Commerce has drafted and is soliciting comments from the public on two new rules: the E-commerce Pattern Regulation and Online Shopping Service Regulation.


Alibaba Killer? Chinese Ministries Unveil New B2C Website

Zhengjiaweb.com, a new B2C portal website jointly promoted by China’s Ministry of Science and Technology and Ministry of Commerce, has been formally unveiled.


Chinese Ministries Will Blacklist Online Transactions Of Banned Goods

Seven Chinese ministries, including the State Administration for Industry and Commerce and the Ministry of Commerce, have jointly issued a circular on strengthening the online transaction of goods banned by the government.


China’s First Online Transaction Rule To Be Issued In June

Xie Linhai, a deputy director from China’s Ministry of Commerce, has disclosed at the Third Medium and Small Enterprise E-commerce Application and Development Conference that the ministry will issue the Online Business Data Protection Rule in June this year, and the new rule will be the first of its kind regarding online transactions in China.