China's Ministry of Environmental Protection, the National Bureau of Statistics and the Ministry of Agriculture have jointly released the results of The First National Census of Pollution Sources.

China's State Administration of Taxation has published a notice on its official website stating the rights and obligations of the country's taxpayers.

Li Yizhong, head of the Ministry of Industry and Information Technology, has disclosed to local media that China will continue to launch many favorable tax policies to support the development of small and medium sized technology enterprises.

Shandong-based China Biologic Products, a leading plasma-related pharmaceutical company in China, has announced that one of its research projects, "High-Purity Human Albumin," will be listed in the National Torch Plan of China.

Hong Kong plans an accelerated tax deduction for environment-friendly facilities as part of its Revenue Bill 2008.

On Dec.10, 2007, the U.S. Department of Commerce made its preliminary countervailing determination on off-the-road tires from China, which determined that the Chinese enterprises involved enjoy many subsidies and a temporary countervailing duty shall be imposed upon them. The Chinese side has expressed strong dissatisfaction over and firm opposition to such a decision.