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Heightened Chinese Inflation Pushes Renren.com To Offer Employee Loans
September 16, 2011Chinese social networking website Renren.com has announced that it will launch an interest-free housing scheme, and employees can apply for loans of between CNY200,000 and CNY400,000.
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Foxconn Building New Factory In Brazil For Apple Products
May 18, 2011Taiwan Foxconn Technology Group has decided to build a new plant in Jundiai, an inland city in Sao Paulo, Brazil, for the assembly of Apple's iPad and iPhone products.
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Taxes Increase For Ctrip's Chinese Online Travel Services
May 17, 2011Internet travel services company Ctrip.com International Ltd. announced its unaudited financial results for the quarter ended March 31, 2011, and stated that revenues rose.
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China Lowers Import Tax For IT Products
January 31, 2011According to the Customs Tariff Commission of the State Council of China, starting from January 27, 2011, the import tax of some information technology products, including computers and video camcorders, has been lowered from 20% to 10%.
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Foxconn Will Build Electronics Manufacturing Bases In Hunan
December 13, 2010Foxconn Group has signed a cooperation agreement with the provincial government of Hunan to build two new manufacturing and development bases in Changsha and Hengyang, respectively.
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New Tax Agreement Signed Between China And Bermuda
December 13, 2010In a move that could affect how companies register overseas, Bermuda has signed a bilateral agreement with China that provides for a full exchange of information on tax matters between the two countries.
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Baidu, Rakuten's JV Formally Launched In Beijing
April 26, 2010Three months after Baidu's announcement of its plan to set up a joint venture with the Japanese e-commerce operator Rakuten, the JV was formally founded in Beijing's Tongzhou district last week.
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China Lowers Corporate Income Tax Rate For 186 Software Enterprises
January 13, 2010Chinese government departments have jointly issued a notice about key software enterprises included in China's national planning layout for 2009, stating that these enterprises can pay their corporate income tax at the preferential rate of 10%.
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Chinese Technology Millennium Decade Quiz
December 14, 2009Can you believe it's already been 10 years!? ChinaTechNews.com, and its previous incarnations of China Internet Forum and China Internet Update, started in 1999 and burst out onto the scene in a big way in 2000 — we have witnessed the entire decade of technology tribulations and techno-fads in China!
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MIIT: Measures Will Be Taken To Support Chinese Tech SMEs
October 16, 2009Li Yizhong, head of the Ministry of Industry and Information Technology, has disclosed to local media that China will continue to launch many favorable tax policies to support the development of small and medium sized technology enterprises.
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Distributors Claim Nokia Involved In Tax Evasion And Tax Fraud In China
August 6, 2009Nokia's distributors have submitted a report to China's National Development and Reform Commission, State Administration of Taxation and State Administration for Industry and Commerce which alleges how Nokia has been involved in tax evasion and tax fraud in China.
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Shanda Posts Online Game Profits In China
June 3, 2009Chinese online game developer Shanda Interactive Entertainment Limited has announced its unaudited consolidated financial results for the first quarter ended March 31, 2009.
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NetEase.com Releases Q3 2008 Unaudited Financial Results
November 13, 2008Chinese Internet portal and online game firm NetEase.com (NTES) says its total revenues grew as it announced its unaudited financial results for the third quarter ended September 30, 2008.
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Tax Man Cometh: Beijing Launches Rules For Online Currency Transactions
November 13, 2008Beijing Local Taxation Bureau has published tax collection rules for virtual and online currency transactions, which state that according to whether the individuals can provide income proof or not, they should pay tax at 20% of their profits or 3% of the total value of the transactions.
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Upward Revenue Swing For Perfect World's Game Operations
November 10, 2008Chinese online game development firm Perfect World (PWRD) has released its results for the third quarter ended September 30, 2008.
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