InfoAnda - China won't adopt national voucher plan: vice minister

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Iran may downgrade ties with Britain | 25 June 2009
Karzai orders probe into Afghan civilian deaths reports | | 5 August 2010
U.S. Mulls Changes On Color-Coded Terror Alert System | 26 November 2010

Europe's top tourist venues hit by economic crisis | 23 August 2009

Forum Views () Forum Replies ()

Read more with google mobile : China won't adopt national voucher plan: vice minister | International |

My Profile Reuters Science Stay on top of the latest advancements driving our changing world. Full Coverage You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters China won't adopt national voucher plan: vice minister Sat Mar 7, 2009 11:51pm EST Email | Print | Share | Reprints | Single Page [-] Text [+] BEIJING (Reuters) - China has no plan to issue national vouchers as part of its economic stimulus plan, but Vice Finance Minister Liao Xiaojun encouraged local governments to use them to help spur consumption, the Beijing News reported on Sunday. With China's export markets withering and economic growth slowing rapidly from 13 percent in 2007 to last year's seven-year low of 9 percent, Beijing has launched a 4 trillion yuan ($585 billion) stimulus package to reverse the slowdown. But the latest comments, on the sidelines of the national legislative meeting in Beijing, highlight the limits to the role of the central government, which aims to spend only 30 percent of the package by itself, expecting to catalyse the rest from local governments, and state-owned banks and companies. "China will not issue a national consumption voucher," Liao told the paper, but he added that Beijing had no objections to local governments issuing vouchers to spur spending on tourism or shopping. "Local governments may do so according to suitable local conditions." So far, regional governments in Hangzhou, Hunan, Sichuan and Shandong are among those that have issued vouchers to encourage purchases. In separate remarks, Liao dismissed recent talk of any further cuts in the stamp tax the government levies on share trading, saying "there is no room for further cutting." On Thursday, the head of the securities watchdog, Shang Fulin, left open the possibility of a cut from the current low rate of 0.1 percent. "I haven't heard of any further stamp duty cut, but I do believe there is room for a further stamp duty cut," Shang had told reporters. Responding to calls for a rise in the minimum threshold at which income taxes are levied, Liao told the Beijing News it would difficult to do so now, saying conditions were not ripe. From this month, China will levy taxes for individuals starting from incomes of 2,000 yuan per month, however, some people have called for an increase of the threshold to 3,000 yuan, 5,000 yuan or even 10,000 yuan. (Reporting by Ken Wills) © Thomson Reuters 2009 All rights reserved Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: Pakistan frees 12 Taliban militants in Swat valley "Never waste a good crisis" Secretary of State Hillary Clinton told an audience of young Europeans that the current economic crisis was a golden opportunity to take action on climate change, highlighting opportunities to rebuild greener economies. Full Article | Video Tongue-tied Clinton gets warm EU welcome Clinton seeks to press reset button on Russia ties More International News Palestinian PM resigns but Abbas asks him to continue Change attitude towards Pakistan, Musharraf tells India Two British soldiers killed in N.Ireland attack Iran says open to Afghan meeting offer from U.S. Near-perfect turnout in North Korean assembly vote More International News... Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video Clinton tells how she fell for Bill "long ago" Who got AIG's bailout billions? Tongue-tied Clinton gets warm EU welcome | Video Venezuela's Chavez turns to confrontation in crisis UPDATE 2-Pressure may mount to know who got AIG bailout blns Dean under consideration for surgeon general: report | Video In crisis, GE finds its deep bench not so magical Next shoe to drop for U.S. job seekers: lower wages Bernanke: Fed will use all tools at its disposal Terrell Owens to join Buffalo Bills Most Popular Articles RSS Feed Video Harare in shock over death Clinton: "Never waste a good crisis" Is anybody out there ? Clinton says Obama to visit Turkey China cooperates with U.S and U.K Car bomb kills eight in Pakistan British politician in custard attack Pro Tibet demo in London Indian kids love Python pets Zimbabwe PM hurt, wife killed Most Popular Videos RSS Feed The Great Debate Setback for America’s pro-Israel hawks Bernd Debusmann There are signs that the influence of Washington's right-wing pro-Israel lobby might be waning under the administration of President Obama. Commentary Follow Bernd Debusmann on Twitter Reuters Deals The global destination for corporate leaders, deal-makers and innovators Knowledge to Act Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Sunday, 8 March 2009
Anti-Israel protest staged at Sweden tennis match | International |
Sudan's Bashir defies Hague court | International |
Zimbabwe's Tsvangirai in Botswana after wife dies | International |
Israel accelerating Jerusalem seizures: EU report | International |
Israeli aircraft strike Gaza as rockets fall
Palestinian PM resigns but Abbas asks him to continue | International |
Obama considers reaching out to Taliban
Change attitude towards Pakistan, Musharraf tells India | International |
Two British soldiers killed in N.Ireland attack | International |
Iraqi PM calls for stronger, non-sectarian govt
Study: Iraqis mentally resilient amid war
Bleak jobs report dampens hopes for US recovery
Near-perfect turnout in North Korean assembly vote | International |
Sudan's Bashir defies Hague court
Vedanta buys Asarco for 1.7 bln dlrs
China won't adopt national voucher plan: vice minister | International |
Israel accelerating Jerusalem seizures: EU report
Pakistan frees 12 Taliban militants in Swat valley | International |
Ex-detainee says UK supplied torture questions | International |
Source: Mullen offers Mexico update to Obama
Despite upbeat mood, tough US-Russia talks ahead: experts
Jerusalem needs 'special regime': experts
US military deaths in Iraq war at 4,256
Guantanamo worse since Obama election: ex-detainee
US envoy says 'common ground' in Syria talks
NATO: End of the French exception, but at what cost?
Syria can be constructive Mideast force: US envoy
Two soldiers dead in N Ireland army base shooting: police
Near-perfect turnout in North Korean assembly vote
Sri Lanka: Scores dead in battle for rebel enclave
Most Japanese want opposition leader to quit: poll
Patrol kills 2 Afghan police who opened fire
Pakistan searches for reported wreck of US drone
India mobile market defies gloom
Pakistan frees 12 Taliban militants in Swat valley
S.Korean economy in recession on falling demand -KDI
Over 100 Sri Lanka rebels killed in two days: govt
Taiwan c.bank-using reserves on infrastructure risky
China clamps down ahead of key Tibetan anniversary
Economic crisis fills up Istanbul antique shops, but no buyers
Global recession could last til end 2010 or longer: report
China still counting student death toll from quake
Resurgent Georgian Church sees influence soar
China won't adopt national voucher plan
Bollywood gets tough on DVD pirates with a top cop
Designer says doll play inspired Obama gown
Myanmar elephant camp empty as tourists stay away
New Zealand to restore knights and dames
Ukrainian singer to represent Russia at Eurovision
U2 to begin world tour in Barcelona on June 30
Feminist university launched in Tunisia
Phish lands another keeper in reunion
Clinton rolls out foreign policy approach in trip | International |
Iraq suicide cyclist kills 28 in Baghdad
Suicide attack kills 28 at police academy in Iraq | International |
U.S. to cut Iraq troops by 12,000 in six months
Business groups slam German nationalisation bill
Iraq suicide bomber kills at least 28: police
Sudan's Bashir threatens more expulsions in Darfur | International |
Taliban militants kill eight Pakistan police: officials
Pope announces trip to Middle East in May | International |
Three Israeli air strikes on Gaza: army
China says quake was sole cause of school deaths | International |
Turkey warn Obama against 'genocide' recognition
Clinton rolls out foreign policy approach in trip
British PM condemns N.Ireland killings
N.Ireland killings will not derail peace process: Brown
Film on Ethiopia's brutal past wins African Oscar | Entertainment |
Wedding party crash kills 10 in northeast Thailand
NKoreans vote in election seen as clue to succession
Japan govt under fire over donations probe
Taiwan's former VP encouraged to visit China
China says quake's strength caused schools to fall
Anwar pushes for change in key Malaysia by-elections
New Zealand house prices fall further in February
China says confident US will be in 2010 Expo
Report: Japanese welfare rolls hit record high
FBI to help Bangladesh probe border guards' mutiny
Global slowdown hurts Vietnam's poorest
NATO: Roadside bomb kills 1 service member
Karzai to visit Iran for regional economic summit: report
US-ENTERTAINMENT Summary
Film on Ethiopia's brutal past wins African Oscar
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01