Archive for February, 2012

Following Shanghai, Beijing to Roll out VAT Reform in July

February 29, 2012

Following the experiment in Shanghai, the Chinese government has approved Beijing to become the second city that implements a value-added tax reform pilot scheme, according to the state-run China National Radio. Continue reading →

Posted in BUSINESS, Beijing, Beijing VAT Reform, China Business Tax, China Tax, China VAT, China VAT Recovery, East China, Finance, Tax and Accounting, Legal and Regulatory, Regulatory Update, Shanghai VAT Reform Comments Off

Shanghai to spend 10 bln yuan to curb air pollution

February 29, 2012

Shanghai will spend 10.3 billion yuan (1.6 billion U.S. dollars) on air pollution reduction over the next three years, local environmental protection authorities said Wednesday.

Posted in China Comments Off

Beijing struggles to reduce carbon emissions

February 29, 2012

With 350 million tonnes of coal burned a year in pan-Beijing area, it is difficult for Beijing to fulfill its goal of reducing air pollution, officials and political advisors have said ahead of China’s pending legislative sessions.

Posted in China Comments Off

China Light Expo 2012 held in Beijing

February 29, 2012

People tour China Light Expo 2012 in Beijing, capital of China, Feb. 29, 2012. Nearly 200 exhibitors attended the expo, which kicked off here Wednesday.

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