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CHANGSHA, Jan. 25 (Xinhua) -- More than 8,000 fake goods were destroyed Tuesday in central China's Hunan Province, as part of Chinese efforts to protect intellectual property rights (IPR).Supervised by Changsha customs official, trucks rolled over a huge pile of counterfeit electronic devices in the city, the provincial capital.The trucks crashed imitation Nokia, Motorola and Apple laptop computers, cell phones, earphones and compact discs.Pirated books and Gucci handbags were incinerated.Changsha customs have confiscated more than 34,000 fake items worth 1.3 million yuan (197,470 U.S. dollars) over the past two years, said Liu Zili, a customs official.Some confiscated fake goods were donated to Red Cross societies and quake-devastated regions, in accordance with China's IPR protection regulations.
BEIJING, Feb. 9 (Xinhua) -- China has introduced new stimulus policies to boost the development of the software and integrated circuit (IC) industries.Software firms will continue to enjoy preferential value-added tax policies, according to a circular posted on the central government's website, www.gov.cn on Wednesday. The circular was dated Jan. 28.The new policies also granted tax cuts to manufacturers of integrated circuit. Enterprises of IC products whose product line is less than 0.8 micron (including 0.8 micron) wide will be exempted from corporate income taxes on the first and the second year after reaching profitability, according to the statement.Taxes will also be halved for such companies from the third to fifth year after reaching profitability.Makers of IC products that have a product line that is less than 0.25 micron wide or have invested more than 8 billion yuan (1.21 billion U.S. dollars) in production will pay reduced income taxes.For companies that have operated for more than 15 years, corporate income taxes will be exempted from the first year to the fifth after reaching profitability.Between the sixth and the tenth year, the firms will pay half of the taxes, the statement said.The government also encouraged consolidation in the software and IC industries and will provide financial support to technological research and development.

BEIJING, March 13 (Xinhua) -- China's top legislator Wu Bangguo on Sunday met and extended regards to the journalists of leading Chinese media covering the annual sessions of the top legislature and advisory body."You have given full coverage on important issues such as the review of the draft 12th Five-Year Plan and the scheduled establishment of the socialist system of laws with Chinese characteristics," Wu said to the journalists.The stories written by the journalists " fully tell how lawmakers and political advisers performed their deputies, and reflect people's wishes and aspiration," said Wu, chairman of the Standing Committee of the 11th National People's Congress (NPC).Wu said that he expected the public media will do a better job in covering issues regarding to the political development path with Chinese characteristics and the people's congress system.The fourth session of the NPC will conclude on Monday morning, and the fourth session of the National Committee of the Chinese People's Political Consultative Conference ended Sunday.
SHENYANG, Feb.3, (Xinhua) -- Fire gutted Thursday a five-star hotel in Shenyang, capital of northeast China's Liaoning Province, and no casualties had been found, local officials said.The fire broke out at 0:13 a.m. at Tower B, an apartment building of the Dynasty Wanxin building complex, and the flames quickly spread to the adjacent Tower A, which is largely a five-star hotel.All the 50-odd people in the hotel were evacuated. No casualties are found.The fire was effectively controlled, Shenyang Municipal Public Security Bureau officials told Xinhua at 4:35 a.m..Police said the fire was triggered by fireworks, which accidentally sparked off the external wall of the buildings. Further investigation into the cause and losses of the fire is still underway.Fire engines, whose water guns could jet water only 50 meters high, were helpless at the fire which flamed on the top of Tower A, 219 meters high.Power supply in the hotel was not cut off, which was said to keep the automatic spray facilities in operation in the building.Personnel from adjacent five-star Sheraton Shenyang Lido Hotel were evacuated, and residents around the Dynasty Wanxin building mainly stayed at home.Top leaders of the province and the city, including Chen Haibo, mayor of Shenyang, arrived at the site soon afterwards to direct efforts to quell the fire.The Dynasty Wanxin building complex, located in the bustling Qingnian Street of Heping District, comprises of three towers. The fire engulfed Tower A and B, with Tower C intact.
BEIJING, March 21 (Xinhua) -- Renowned Chinese liquor producer Kweichow Moutai Co., Ltd. announced Monday its annual net profit in 2010 rose 17.13 percent year on year on strong market demand.Its net profit hit 5.05 billion yuan (769.17 million U.S. dollars), the Guizhou-based firm said in its 2010 annual report filed to Shanghai Stock Exchange.The company's annual business revenue increased 20.3 percent from one year earlier to 11.63 billion yuan while earnings per share stood at 5.35 yuan.The economic rebound accelerated the development of liquor industry despite rising raw material prices, said the report.The A-share price of the upmarket distiller opened down 0.70 percent from the previous close to 189.8 yuan Monday.
来源:资阳报