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1. Unprecedented Measures in Support of SMEs
Under the Several Opinions on Further Promoting the Development of Small and Medium-sized Enterprises announced by the Chinese government, 29 unprecedented measures in eight major areas are put forward to boost the confidence of small and medium-sized enterprises (SMEs) in countering the global financial crisis
1 Oct 2009
2. Qualified SMEs Encouraged to Acquire Foreign Brands
According to Zhu Hongren, chief engineer and spokesman of the Ministry of Industry and Information Technology (MIIT), qualified SMEs are encouraged to invest abroad in acquiring brands
1 Oct 2009
3. MOFCOM Proposes Tariff Cuts to Stimulate High-end Consumption
In recent years, more and more mainlanders bring back high-end consumer goods such as cosmetics and watches when they return from overseas trips. In view of this, the Ministry of Commerce (MOFCOM) contends that import tariffs of luxury goods could be reduced appropriately to retrench such consumption
1 Sept 2009
4. Canton Fair Considers Promoting Domestic Sales
The Canton Fair is considering something new again after holding the first foreign and domestic trade matching service in the last session. The Department of Foreign Trade of the Ministry of Commerce (MOFCOM) recently circulated a letter calling for support for the Canton Fair
1 Aug 2009
5. NDRC to Issue Measures to Stimulate Private Investment
The National Development and Reform Commission (NDRC) has earlier put forward a set of 20 policy suggestions aimed at encouraging and promoting private investment. Group discussions of these suggestions were held at an internal investment seminar of the NDRC
1 July 2009
6. SAFE Stops Handling Forex Settlement
Recently the People’s Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE) have jointly issued a circular on stopping the business of handling foreign exchange settlement. Starting from 27 May 2009, SAFE has ceased to handle forex settlement
1 June 2009
7. NDRC Considers Policy Promoting Private Enterprise Investment
In the midst of the current financial crisis, the relevant departments are revising the Catalogue of Investment Projects Approved by the Government and are considering formulating a policy to bolster investment by private enterprises
1 May 2009
8. Guangzhou Pilots "Tax Rebate upon Warehousing" to Maintain Trade Growth
In a move to reduce the speed of decline in foreign trade, Guangzhou customs has implemented a new system known as "tax rebate upon warehousing" on a pilot basis and so far some progress has been made
1 April 2009
9. Guangdong Revokes 100 Fees in Support of Hong Kong Enterprises
Guangdong has earlier introduced a number of policy measures in support of Hong Kong, Macau and Taiwan enterprises in sailing through the global financial crisis and quickening their pace in seeking transformation and upgrade
1 March 2009
10. Guangdong Waives Registration Administration Fee to Promote Employment
Hit by the financial tsunami, the economy is far from promising and the issue of employment has become the focus of attention of different social sectors
1 March 2009
11. 2,452 Processing Trade Enterprises in Guangdong Closed in 2008
Liang Yaowen, director of Guangdong foreign trade and economic cooperation department, disclosed that a total of 2,452 processing trade enterprises in Guangdong were closed, suspended or relocated last year
1 March 2009
12. Guangdong Proposes Orderly Relocation of Pan PRD Industries
In January this year, the National Development and Reform Commission (NDRC) issued an outline plan on the development of the Pearl River Delta (PRD). In view of the fact that this plan is closely related to Hong Kong and Macau
1 Feb 2009
13. Central Economic Work Conference and its Impact on Hong Kong Businesses
At the Central Economic Work Conference that closed on 10 December 2008, the keynote for China's economic policy in 2009 was set, with emphasis on maintaining growth, expanding domestic demand, adjusting economic structure
1 Jan 2009
14. Stricter Rules for Health Supplements
At the fifth plenary meeting of the first session of the 11th National People's Congress (NPC) Standing Committee held in November, delegates continued to deliberate on the drafts of the State-owned Assets Law
1 Dec 2008
15. China to Switch to Consumption-based VAT in 2009
Following the upward adjustment of export tax rebate for 3,486 labour-intensive, high technology content and high value-added products, the plan for the full-scale reform of value-added tax (VAT)
1 Nov 2008
16. New Rules in Food Labelling
To address the recent issue on food safety, the General Administration of Quality Supervision, Inspection and Quarantine has formulated the Regulations for the Administration of Food Labelling
1 Oct 2008
17. SOE Revamp and "Market Rescue" after the Olympics
As the Beijing Olympics came to a close, it is the concern of the outside world whether China will, like other Olympics host countries in the past
1 Sept 2008
18. No Post-Olympic Economic Recession for China
On the relation of the Olympics and China's economic development, Wang Yiming, deputy director of the Macro Economics Research Institute under the National Development and Reform Commission
1 Sept 2008
19. Nine Product Categories Require Electronic Barcode
According to a circular jointly issued by the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ), Ministry of Commerce (MOFCOM)
1 Aug 2008
20. CBRC to Monitor Eight Types of RMB Accounts
The central government is closely monitoring capital movements in the country's banking system as a precaution against possible risks. This may affect some of the clients of mainland banks
1 July 2008
 
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