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1. State Council to Reduce Industrial Overcapacity
Premier Wen Jiabao recently chaired an executive meeting of the State Council to study the deployment of measures to rein in overcapacity and duplicated projects in some sectors and guide the healthy development of industries
1 Oct 2009
2. China Plans 12 New Key Development Zones
The State Plan for Principal Functional Zoning has been revised recently based on opinions collected from different provinces, autonomous regions and municipalities and will shortly be submitted to the State Council for deliberation
1 Sept 2009
3. Foreign Banks Offer Zero Fees against Market Trends
Many Chinese banks are making a concerted move to adjust their interbank ATM withdrawal fees upwards, some by as much as 100%. In this round of price adjustment, foreign banks are taking a far more generous policy. Citibank, Standard Chartered Bank
1 Aug 2009
4. New Rules on Individually-owned Stores
The Legislative Affairs Office of the State Council has recently issued the Regulations on Individually-owned Stores (Consultation Draft). Some provisions designed to address practical issues faced by these entities have aroused widespread concern
1 Aug 2009
5. State Council Approves and Endorses Opinions for Economic Restructuring
The circular of the State Council on approving the opinions of the National Development and Reform Commission on deepening economic restructuring in 2009 suggests the following tasks for this year: Deepen the tax reform of the real estate sector
1 July 2009
6. Green Light for Building Four-Pronged Shenzhen-Hong Kong Hub
In the wake of the adoption of the programme for turning Shanghai into a "dual centre" for finance and shipping, the Shenzhen Overall Comprehensive Reform Programme is also in final sprint
1 June 2009
7. PRD Seeks to Overtake South Korea in GDP by 2020
The party committee and government of Guangdong recently kicked off the implementation of the Outline Programme for Reform and Development of the Pearl River Delta (PRD). In 2009, the first year for the implementation of the Outline Programme, the PRD will take the lead to overcome the impact of the global financial crisis
1 May 2009
8. China's Online Games Publishing Industry Grows Despite Economic Downturn
According to the General Administration of Press and Publications (GAPP), China's online games publishing industry increased its real sales revenue by 76.6% to Rmb18.38 billion and directly generated an income of Rmb47.84 billion
1 April 2009
9. Beijing Zhongguancun: China's Silicon Valley
On 20 March, the Beijing Municipal Party Committee and Municipal People's Government held a rally for the construction of a national independent innovation demonstration park in Zhongguancun Science Park
1 April 2009
10. MOFCOM Announces Six Measures to Boost Consumption
Vice minister of commerce Jiang Zengwei announced at a press conference on 9 February that local governments handing out consumption coupons is a good way to boost domestic demand
1 March 2009
11. China Promotes Sales on Credit to Bolster Domestic Demand
Economic growth in major economies of the world is declining under the impact of the global financial crisis. China's economic development faces serious challenge as overseas demand continues to fall
1 Feb 2009
12. Rmb100 Bln Central Government Investment May Spur Rmb400 Bln Social Investment: NDRC
The central government will increase investment by Rmb100 billion in the fourth quarter of 2008 in an effort to further expand domestic demand, boost stable and rapid economic growth, and mitigate the impact of the international financial crisis on the country
1 Jan 2009
13. Liaoning's Fuxin City Finds Opportunities in Crisis
The Liaoning Provincial Department of Foreign Trade and Economic Cooperation and the city government of Fuxin jointly held an investment promotion and information meeting on foreign-funded projects in Fuxin on 23 October 2008
1 Dec 2008
14. Regulations on the Administration of Food and Cosmetics Labelling
The Regulations for the Administration of Food Labelling and Regulations for the Administration of Cosmetics Labelling promulgated by the General Administration of Quality Supervision
1 Nov 2008
15. Launch of Wage Increase Mechanism to be Deferred
It has been some time since the Suggestions Regarding the Establishment of a Mechanism of Regular Wage Increase for Enterprise Employees
1 Oct 2008
16. Insurance "Bubble" Likely to Burst under New Accounting Rules
The Ministry of Finance recently drafted the Explanations of Accounting Standards for Business Enterprises No. 2 (Draft for Comment) to gauge the response of relevant listed companies
1 Sept 2008
17. Ripples of Economic Fluctuations in Vietnam Felt in YRD
The butterfly effect of economic fluctuations in Vietnam is becoming more manifest. Tech-Bank, Hailiang and Supor, three companies listed on China's SME board
1 Aug 2008
18. Online Shopping Poses Serious Challenge to Traditional Retail
In recent years, following the successful listing of a number of e-commerce websites such as ChinaChemnet.com and china.alibaba.com at home and abroad, more and more Chinese internet users are shopping online
1 July 2008
19. Taiwan Deregulates Cross-Strait Securities Investments
On 26 June, Taiwan's Cabinet passed a short-term measure on approving cross-strait securities investments, whereby five financial businesses will be deregulated. One of the five is opening exchange traded funds
1 July 2008
20. Hangzhou Bay Bridge Spurs World's Sixth Largest City Cluster
With the official opening of the Hangzhou Bay Bridge, the world's longest sea-crossing bridge on 1 May 2008, the "two-hour economic circle" of the Yangtze River Delta (YRD) has become a reality
1 June 2008
 
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