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BEIJING, Oct. 10 (Xinhua) -- The State Council, or China's cabinet, announced on Monday it will tax all resource products starting Nov. 1, extending the resource tax on domestic sales of crude oil and natural gas from some regions to the entire country.The list of taxable resources widened from crude oil and natural gas to coal, rare earth, salt and metal from Nov. 1, according to the country's revised resource tax regulations.The expansion of the resource tax is part of China's efforts to encourage energy conservancy and limit environmental damage.Sales of crude oil and natural gas nationwide will be taxed at a rate between five and 10 percent of their sales value, according to the revised regulations.The regulations impose a sales tax ranging from eight (1.25 U.S. dollars) to 20 yuan per metric ton on coking coal and from 0.40 to 60 yuan per metric ton on rare earth ore.Taxes on other types of coal stood unchanged at 0.30 to five yuan per metric ton.The tax rate for other non-ferrous metals is set between 0.4 to 30 yuan per metric ton. Ferrous metals will be taxed at two to 30 yuan per metric ton.Taxes on precious non-metallic ore will be between 0.5 to 20 yuan per kg or per carat, while taxes on cheap non-metallic ore are set between 0.5to 20 yuan per metric or per cubic meter.China's current resource tax is levied based on production volume instead of sales value, thus preventing the government from benefiting from energy and commodity price increases.Nonetheless, energy giants and mining companies such as PetroChina and Sinopec have enjoyed large profit margins on the sale of resources under the current tax scheme.A resource tax on oil and natural gas was introduced at a rate of five percent in northwest China's Xinjiang Uygur Autonomous Region on June 1, 2010 before being extended to 11 other provinces in December last year.

DUBAI, Oct. 9 (Xinhua) -- While many fairs in crisis-ridden Middle East struggle to attract sponsors and exhibitors, the Gulf Information and Technology Exhibition, or GITEX, which opened Sunday, has a different challenge: a lack of space due to the huge number of participants and professional visitors.The largest information and communication technology (ICT) trade fair in the Middle East occupied the entire 14 halls of the Dubai International Convention and Exhibition Centre in the heart of the sheikhdom. Some 3,500 exhibitors from 57 countries and regions display the latest cry of modern PC office and mobile technology, hard- and software and all kinds of related accessories. Over 130,000 visitors are expected to visit the ICT congress.Kazakhstan, Latvia, Malta, and Morocco participate for the first time. Besides, well-known giant brands such as Huawei, Intel, Microsoft or Blackberry, hundreds of small and medium enterprises participate this year."We are exhibiting for the second time here. It is worth coming, " said Dr. Andrej Vckovski, CEO of Swiss enterprise software producer netcetera from Zurich. "We already won a contract from the Health Authority in Abu Dhabi and we plan to expand to Qatar."The annual ICT spending in the Gulf Arab region alone is expected to grow by 15 percent and to reach 180 billion U.S. dollars in 2014.While e-users still have to wait for Windows 8 from Microsoft, Huawei Technologies demonstrates its latest Cloud Computing solutions. Cloud Computing describes the process where many firms share the same server simply through software, instead of running expensive independent servers at their premises.The fair has also a lot of firsts on its agenda. Nokia launches the N9 mobile phone in the region for the first time. Research in Motion or RIM from Canada shows its new Bold 9900 Blackberry smart phone. Panasonic showcases its planned solar-energy run community for 3,000 citizens in Fujisawa near Tokyo."We plan to finish construction and launch this full-fledged Green Community in 2018, when Panasonic will celebrate its 100 years anniversary," said Muneo Yamamoto, Technical Manager Systems Solutions at Panasonic.Symantec launches Endpoint Protection 12, Cloud Security software. "Security is currently the top priority for organizations across the Middle East," explained Bulent Teksoz, Chief Security Strategist for Emerging Markets at Symantec.According to the NASDAQ-listed software provider, 76 percent of United Arab Emirates residents have fallen victim to Cyber Crime in 2010, and Saudi Arabia remains the most spammed country in the world, with a spam rate of 84 percent, albeit global spam is decreasing.A parallel Gitex conference hosts leading experts from the ICT industry for presentations and discussions around the latest trends and challenges. For retail consumers, the Gitex Shopper Fair at the Dubai Airport Expo offers everything from laser printers to iPads, from Smart Phones to CD. Due to the discount sellers offer at the Gitex Shopper, the consumer fair is a popular hub for bargain hunters.

SAN FRANCISCO, Oct. 27 (Xinhua) -- Hewlett-Packard(HP) on Thursday announced that it will keep its personal systems group ( PSG) and continue to sell personal computers."HP objectively evaluated the strategic, financial and operational impact of spinning off PSG. It's clear after our analysis that keeping PSG within HP is right for customers and partners, right for shareholders, and right for employees," Meg Whitman, HP president and chief executive officer, said in a statement.On Aug. 18, former CEO Leo Apotheker said HP was considering spin off the PC business, which drove shares of the company to plunge 20 percent the following day.HP then said its board of directors has authorized the exploration of strategic alternatives for the PSG, and it will consider a broad range of options that may include a full or partial separation of the PC business through a spin-off or other transaction.According to HP, the review so far revealed the depth of the integration of its PC division that has occurred across the company's key operations including supply chain and procurement.In addition, it indicated that the division has made significant contributions to HP's solutions portfolio and overall brand value."Finally, it also showed that the cost to recreate these in a standalone company outweighed any benefits of separation," HP said in a press release announcing the latest decision.HP is now the world's largest PC-maker with revenues of the PC division totaling 40.7 billion U.S. dollars for fiscal year 2010, according to figures from the company.A recent report from market research firm Gartner found that in the third quarter of 2011, HP's PC shipments grew 5.3 percent year- on-year, faster than the industry average of 3.2 percent, and its share in global PC market actually increased slightly to 17.7 percent.Though the PC division has a lower margin, the position and scale as the world's No. 1 PC-vendor gives HP advantage to negotiate with other suppliers and helps its other businesses, analysts said.The announcement to keep the PC unit is seen as the first major move of HP under new CEO Whitman, who took the job just over a month ago after replacing Apotheker on Sept. 22.

BEIJING, Dec. 29 (Xinhua) -- Chinese authorities broke up more than 1,800 dens that made or sold counterfeit drugs in cases that involved 3.35 billion yuan (530 million U.S. dollars) in a two-year crackdown, according to the State Food and Drug Administration (SFDA).During the campaign, 13 government departments mobilized more than one million law enforcement workers to combat the sale of fake drugs via online advertising or consignment, seizing more than 5,000 kinds of illegal products, said SFDA deputy head Bian Zhenjia Thursday at a meeting.According to Bian, the action also targeted malpractice during the manufacturing process as well as selling non-pharmaceutical products as drugs.In the operation, authorities conducted more than 28,000 on-site inspections in medicine production factories and halted the production of 98 varieties of drugs, Bian said.However, Bian noted that problems still exist, including rampant illegal drug advertising and online sales of fake drugs, improper manufacturing practices and outdated laws and regulations concerning drug safety.Bian said the SFDA will continue to cooperate with other government departments and step up supervision and crackdowns on the online sale of fake drugs.

BEIJING, Jan. 20 (Xinhua) -- China will regulate the production and sale of cosmetic colored contact lenses by including them in its list of items classified as "medical apparatus."Some people wear such non-corrective colored contacts to change or enhance eye color for cosmetic and fashion purposes.As these contacts are not for vision correction and medication purposes, they are currently off limits to the country's medical administration and regulators, said a statement published on the website of the State Food and Drug Administration on Thursday.However, with the increasingly popular use of cosmetic contacts, safety and quality problems due to the regulation loophole are likely to harm consumers' health, and the administration has decided to expand the current medical regulation on contact lenses to cover cosmetic ones, the statement said.It explained that the administration will soon issue a notice to ban the manufacture and sale of these contacts without proper registration and licenses.The statement also warned consumers of the risks of these contacts and suggested they carefully choose and use such products.