china: news and opinion

Shanghai tops in land sales revenue for Jan-Sept

The municipal government of Shanghai gained 65.2 billion yuan ($9.55 billion) from selling land in the first three quarters of this year, local newspaper Oriental Morning Post reported today, citing a research report by the Centaline Property Limited... ...full story at People's Daily

from People's Daily on Wed, Nov 04 2009

see also:


22 May 08		САМЫЙ ДЛИННЫЙ МОСТ ПОСТРОИЛИ КИТАЙЦЫ » YouTube videoMay 1 - China has opened the world's longest cross-sea bridge, linking Shanghai with the booming port city of Ningbo. The 11.8 billion yuan (1.7 billion U.S. dollars) cable-stayed structure, spanning Hangzhou Bay in Zhejiang Province south of Shanghai,...
27 Dec 07		Restrictions aim to cool heated property market » People's Daily The Shanghai municipal government has further restricted foreign investors from acquiring land for property development. Under the No 16 land transfer bulletin issued by Shanghai Municipal Housing, Land and Resource Administration Bureau ...
02 Jan 08		City nets revenue of $28b » People's Daily Local government income rose to more than 210 billion yuan ($28.7 billion) here last year, up 31 percent on 2006, official figures for the city have shown. The municipal taxation department reported yesterday that the financial hub gener ...
04 Jun 08		Government land funds queried » Shanghai Daily GOVERNMENTS in 11 major cities, including Shanghai and Beijing, were found to have misused a total of 8.4 billion yuan (US$1.2 billion) from land-grant fees, the National Audit Office said yesterday. Among the...
04 Jun 08		Report finds cities misuse land grant fees » Shanghai Daily GOVERNMENTS in 11 major cities, including Beijing and Shanghai, were found to have misused a total of 8.4 billion yuan (US$1.2 billion) from land grant fees, the National Audit Office said today. Among the misused...
11 Jan 08		Shanghai's revenue rises 31% on higher earnings » People's Daily The Shanghai municipal government's revenue jumped 31.38 percent to 210.06 billion yuan ($27 billion) last year, thanks to the increase in corporate earnings and continuous economic growth. Income tax generated by companies and individua ...

« Today's Stories