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Auditor General of Cambodia visits the CNAO: On April 12th, Mr. Liu Jiayi, Auditor General of the National Audit Office of China,and Mr. Dong Dasheng, Deputy Auditor General of the CNAO, met with visiting Mr. Chhorn Uth, the Auditor General of National Audit Authority of Cambodia and his delegation. Both sides have ...

CNAO releases newly-amended National Auditing Standard: The newly-amended National Auditing Standard of the People s Republic of China is promulgated by Decree No. 8 of the National Audit Office of the People s Republic of China signed by Mr. LIU Jiayi, Auditor General of China on September 1, 2010, and shall go into effect as of ...

China releases new regulation on audit of economic accountability: Recently, General office of the Communist Party of China (CPC) Central Committee and the State Council jointly released the Regulation on audit of economic accountability for leading Party and government officials and leaders of State-owned enterprises. Focusing on supervision of ...

XX INCOSAI Produced Constructive Results, China Becomes Host for the XXI INCOSAI in 2013: The XX INCOSAI concluded in Johannesburg, South Africa on Saturday, 27 November 2010, which opened on Monday, 22 November. About 500 delegates representing 152 member supreme audit institutions (SAIs), including 104 heads of SAIs, reached consensus in defining the priorities and ...

CNAO released the statistic of audit work for the first three quarters of 2010: Recently, CNAO released the statistic of audit work for the first three quarters of this year. In the first three quarters of 2010, auditing institutions nationwide have totally conducted audit and investigation over 87,124 auditees. By means of auditing, a total of revenue ...

Mr. Liu Jiayi, China s Auditor-General, takes the position of Chairman of UN Board of Auditors: Mr.Liu Jiayi, Auditor-General of CNAO took the position of Chairman of UN Board of Auditors since January 1, 2011, with a 2-year tenure. Mr. Liu officially acted as board member of UN Board of Auditors since July 1, 2008, with a 6-year tenure. Since then CNAO has conducted 17 ...

Auditor-General of Saudi Arabia Visited CNAO: Mr. Liu Jiayi, Auditor-General of China, met with Mr. Osama Jafar Faqeeh, President of the General Auditing Bureau of the Kingdom of Saudi Arabia, in Beijing on 28th September 2010, during which Mr. Liu and Mr. Faqeeh had friendly discussions on topics of common concern. Mr. Dong ...

China's yuan hits new high at 6.6582 against USD on Oct. 14: The value of yuan, China's currency Renminbi, hit new high against U.S. dollar Thursday as the central parity rate of the yuan was set at 6.6582 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System. Thursday's central parity rate beat the ...

China's yuan hits new high at 6.6582 against U.S. dollar Thursday: BEIJING, Oct. 14 (Xinhua) -- The value of yuan, China's currency Renminbi, hit new high against U.S. dollar Thursday as the central parity rate of the yuan was set at 6.6582 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System. Thursday's ...

Official: China to increase yuan flexibility: Yi Gang, the deputy head of the People's Bank of China, says reforms of China's currency will be gradual. But that the country is aiming to increase its exchange rate flexibility. Yi Gang was addressing an IMF conference in Shanghai, with officials from central banks around the ...

China to continue with gradual exchange rate reforms: chief currency regulator: SHANGHAI, Oct. 18 (Xinhua) -- China will continue to promote gradual exchange rate reforms, even while the yuan is expected to stabilize at a reasonable level, said Yi Gang, head of the State Administration of Foreign Exchange (SAFE) Monday in Shanghai. Yi, also deputy governor ...

China to continue moderately loose monetary policy: BEIJING, Nov. 2 (Xinhua) -- The People's Bank of China (PBOC), or the central bank, announced Tuesday it would continue the moderately loose monetary policy and make it better-targeted and more flexible in the coming months of this year. The announcement, which came in the PBOC's ...

China to continue moderately loose monetary policy: The People's Bank of China (PBOC), or the central bank, announced Tuesday it would continue the moderately loose monetary policy and make it better-targeted and more flexible in the coming months of this year. The announcement, which came in the PBOC's quarterly report posted on ...

China to adopt new identification standards for yuan notes: China is preparing to adopt a new standard using more advanced technologies for the identification of its currency, the yuan, beginning in May 2011, officials said Monday. The mandatory standard, coded GB 16999-2010, has been approved by the General Administration of Quality ...

Import growth outpaces China's exports in October trade: China's exports rose 22.9 percent in October from a year earlier to 135.98 billion U.S. dollars, while imports increased 25.3 percent to 108.83 billion U.S. dollars, the General Administration of Customs (GAC) said Wednesday. Exports and imports in the first 10 months rose 36.3 ...

Uneven global recovery and China's contribution: HONG KONG, Nov. 7 (Xinhua) -- Against the backdrop of uneven recovery of the world's economies, it is necessary to show coordinated policies among developed and emerging countries, and China's influence on world economy is increasingly important, economists said ahead of the G20 ...

China rolls out measures to fight inflation: BEIJING, Nov. 21 (Xinhua) -- The State Council, China's cabinet, announced Sunday a slew of measures to rein in rising commodity prices to ease the economic pressures on the people. Local governments and departments are required to boost agricultural production and stabilize ...

China putting a brake on inflation: BEIJING - The fluctuation range of China's currency exchange rate can be further broadened to help curb rising inflation, Li Daokui, a member of the monetary policy committee of the People's Bank of China, said at a forum on Saturday. "The rapid price rises that the country faces ...

China targets liquidity to cool inflation: BEIJING - China's Ministry of Commerce said on Tuesday it will adopt measures and work in concert with other government agencies to cool the inflation heat prevailing in the country. "We would enhance the connection between vegetable production and sales to stabilize supply and ...

APEC broadens horizons: Pacific rim economies pledged on Sunday to turn their dream of a vast free trade area into reality, while President Hu Jintao warned regional leaders global economic recovery was far from certain amid rising protectionism. The 21-member Asia- Pacific Economic Cooperation (APEC) ...

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China's reform leading group holds first meeting: BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...

China stocks close higher over liquidity injection: BEIJING, Jan. 21 (Xinhua) -- Chinese shares rose on Tuesday after the ...

China slams Japan's NHK governor's denial of Nanjing massacre: BEIJING, Feb. 5 (Xinhua) -- China on Wednesday slammed the remarks of ...

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China cuts retail oil prices: BEIJING, Jan. 24 (Xinhua) -- China's top economic planner announced on ...

Canada's main stock index tumbles over asset loss in emerging markets: TORONTO, Jan. 24 (Xinhua) -- Canada's main stock index fell sharply on ...

GM China chairman to retire: CHICAGO, Jan. 24 (Xinhua) -- General Motors Co. announced Friday that ...

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industry

Super car club in commercial drive: On the night of Nov 11, more than 150 super cars were driven into the ...

China's banks must evolve or perish: As China's traditional banks raise interest rates to claw back lost ...

Chinese leader calls for more marine power: Chinese Vice Premier Zhang Gaoli Sunday called for research in polar ...

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Stars 'Big Three' fall short of title in 1st year: Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...

Injured star short-track skater Wang Meng left out of China's squad for Sochi: Injured Olympic champion Wang Meng has been ruled out of the 139...

Fourteen countries expected to compete in Cuba's wrestling tourney: Some 14 countries and regions are expected to compete in the 45th ...

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