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At a Glance
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Tax revenue
BEIJING: Tax revenue of China jumped 26.7 per cent year-on-year to 355.9 billion yuan (US$42.7 billion) in the first quarter of the year, the State Administration of Taxation (SAT) said on Monday.
Donation
HARARE: The Chinese Ambassador to Zimbabwe, Hou Qingru, on behalf of the Chinese Government, on Monday donated a batch of agricultural machinery worth two million yuan (US$241,000) to Zimbabwe to support the country's land reform programme.
Fake products
BEIJING: A new decision by the Supreme People's Court and the Supreme People's Procuratorate, calling for more severe punishment for government officials involved in the production and sales of fake and shoddy products, took effect yesterday.
Slowing exports
GUANGZHOU: Guangdong Province, one of China's foreign trade and economic powers, reported increased foreign investment in the first quarter of this year, coupled with remarkable slow-down in exports.
Bus fire
SHANTOU: A sudden fire that broke out at 11am on Monday on a minibus travelling on the Shenzhen-Shantou expressway in South China's Guangdong Province has killed 25 passengers.
English guide
XI'AN: The Shaanxi Daily, a newspaper run by the provincial committee of the Communist Party of China (CPC) of Shaanxi Province, recently opened an English reading guide section on the front page for the convenience of potential foreign readers.
Local observers attribute the increase of foreign visitors to this landlocked northwestern province, to the efforts by the central and local governments to accelerate the development of the underdeveloped West China.
New JV
CHONGQING: The world's leading telecommunications equipment manufacturer, Ericsson, has set up a new joint venture in Chongqing with a total investment of US$12 million.
The new company, Chongqing Ericsson Communications Co Ltd, will mainly produce microwave transmission systems, and provide system installation, client training and consulting services.
Jan Malm, president of Ericsson Mobile Communications Co Ltd (China), said that the new company is likely to become Ericsson's global provider of microwave transmission systems and other telecom products.
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