Business -- August 24, 2005

• China's textile exports report 61.5 billion US dollars in first seven months
• China revises law on personal income tax to narrow gap between rich, poor
• China to lower registered assets limitation to encourge investment
• China to adopt detailed measures for auto trade
• China's biggest bank bulks up presence on global stage

• Changchun optoelectronic exposition opens in NE China
• EU officials to head for China to end textile stockpiles
• Foreign capital given green light to enter second-hand car market
• Investment bank: oil prices to top 75 USD in 3 months
• Investors to have rights to sue media, market analyzers for their losses

• News analysis: China share reform sees early successes
• NPC revises Securities Law
• Overseas rivals not a threat against Chinese banks until 2009, CRBC official
• Retailers press EU for swift action to handle textile stockpiles
• TDC maintains forecast of HK export growth at 8.5%

• Vice premier urges strick check of data of 1st national economic census