Monthly Archives: December 2019

China releases tariff schedule for 2020

 rnBEIJING – The Customs Tariff Commission of the State Council on Monday released the 2020 tariff schedule, which will be implemented from Wednesday.rnThe import and export taxable items remain unchanged from the 2019 version, while the most-favored-nation tariff rates, provisional import tax rates, conventional tariff rates and preferential tariff rates have been adjusted in accordance… Read More »

BOE to supply OLED displays for iPhones

 rnChinese display panel makers BOE will supply OLED displays for iPhones in 2020, according to a Monday report from RPRNA.rnThe report said BOE, a world leader in TV LCD panels which has shifted its efforts to OLED panels, could start its OLED supply to Apple in 2020.rnThe report did not say whether Apple was going… Read More »

Tesla to provide movies, online games in its cars

 rnUS electric carmaker Tesla Inc will offer local movies and game services in its vehicles in China, Cankaoxiaoxi, a Chinese newspaper run by Xinhua News Agency, reported on Monday.rnTesla has signed agreements with Youku and Bilibili to offer online videos, and Tencent to provide games, including online mahjong and two poker games, to offer such… Read More »

Academician stands trial for embezzlement

HANGCHUN – Li Ning, an academician of the Chinese Academy of Engineering and professor at China Agricultural University ( CAU ) , stood trial Monday at the Intermediate People’s Court of Songyuan in Northeast China’s Jilin province for embezzlement.rnZhang Lei, an associate researcher at CAU, also stood trial for embezzlement.rnThe prosecutor accused Li and Zhang… Read More »

Kiribati president to visit China

 rnBEIJING — Kiribati’s President Taneti Mamau will pay a state visit to China from Jan 4 to 11, 2020 at the invitation of President Xi Jinping, Foreign Ministry spokesperson Hua Chunying announced Tuesday.rn 

At least 20 high-speed railways expected to open in 2020

 rnAt least 20 high-speed railways are expected to start operation in 2020, according to Economic View’s calculation.rnThe Yinchuan-Xi’an high-speed railway is expected to open at the end of 2020. The trip between Yinchuan, capital of Ningxia Hui autonomous region, and Xi’an, capital of Northwest China’s Shaanxi province, will be shortened from 14 hours to 3… Read More »

China to raise retail fuel prices

 rnBEIJING – China will raise the retail prices of gasoline and diesel from Tuesday, the country’s top economic planner said Monday.rnBased on recent changes in international oil prices, the retail prices of gasoline and diesel will rise by 235 yuan ( $33.67 ) and 230 yuan per ton, respectively, according to the National Development and… Read More »

Chinese medicinal material price index up 0.01%

 rnHEFEI – The Kangmei Chinese medicinal material price index, a barometer of the traditional Chinese medicine ( TCM ) material market, rose 0.01 percent to 1,245.74 points Tuesday.rnCovering more than 500 TCM materials including herbs and minerals from six major markets nationwide, the closely-watched index reflects the overall price trend in the country’s TCM material… Read More »