Policy

Wuhan Concrete Makers Stop Work, Urge Government to Get Mixed Up in Cement Prices

Wuhan Concrete Makers Stop Work, Urge Government to Get Mixed Up in Cement Prices

Impacted by air pollution regulatory policies and a worsening shortage of raw materials, members of the Wuhan Concrete Association reacted…

Dec 12, 2017
Xu Wei
Beijing to Relax Regulatory Measures on Imported Biological Materials

Beijing to Relax Regulatory Measures on Imported Biological Materials

Beijing will further relax regulatory measures on imported biomaterials, including specific-pathogen-free (SPF) rats and mice, plants and animals for genetic…

Dec 12, 2017
Dou Shicong
Authorities Review China’s First Local UAV Regulations in Zhejiang as Drone Market Takes Off

Authorities Review China’s First Local UAV Regulations in Zhejiang as Drone Market Takes Off

The 12th National People’s Congress Standing Committee in Zhejiang province reviewed a draft of regulations on small unmanned aerial vehicle…

Dec 12, 2017
Xu Wei
Some Regions of China Experience Pension Fund Issue as Payment Ability Drops to Less than One Year, Says Report From Ministry

Some Regions of China Experience Pension Fund Issue as Payment Ability Drops to Less than One Year, Says Report From Ministry

The accumulated deficit of pension fund in northeast China’s Heilongjiang province had reached CNY23.2 billion (USD3.5 billion) at the end…

Dec 11, 2017
Liao Shumin
Wuhan Cuts Gas to Commercial Users in City to Preserve Residential Supply Amid Shortage

Wuhan Cuts Gas to Commercial Users in City to Preserve Residential Supply Amid Shortage

Wuhan Cuts Gas to Commercial Users in City to Preserve Residential Supply Amid Shortage

Dec 8, 2017
Liao Shumin
China Rolls Out Cross-Border E-Commerce Transitional Policies to More Cities

China Rolls Out Cross-Border E-Commerce Transitional Policies to More Cities

China has today decided to increase the number of cities covered by the transitional period policies for cross-border e-commerce businesses…

Dec 7, 2017
Dou Shicong
CIRC Fines Ctrip Insurance Agency USD45,000 for Withholding Product Details

CIRC Fines Ctrip Insurance Agency USD45,000 for Withholding Product Details

A unit of Chinese online travel service firm Ctrip.com International Ltd. [NASDAQ:CTRP] received a warning and a CNY300,000 (USD45,000)…

Dec 6, 2017
Liao Shumin
State Council Calls for Private Investment to Help Defense Companies Carry Out Joint-Stock Reforms

State Council Calls for Private Investment to Help Defense Companies Carry Out Joint-Stock Reforms

China has called for the introduction of private investors in the defense sector in order to help companies carry out…

Dec 5, 2017
Liao Shumin
Experts Urge Revised Tobacco Tax as China Remains World’s Biggest User After 11 Years of Controls

Experts Urge Revised Tobacco Tax as China Remains World’s Biggest User After 11 Years of Controls

Insiders are urging China to more fully implement control measures and impose a continuously-adjusted cigarette tax to achieve the target of a 20 percent smoking rate.

Dec 4, 2017
Ma Xiaohua
China Plans to Ease Limits on Foreign Stakes in Futures Companies, CSRC Says

China Plans to Ease Limits on Foreign Stakes in Futures Companies, CSRC Says

The China Securities Regulatory Commission (CSRC) plans to ease restrictions on foreign equity stakes in futures companies, allowing foreign investors…

Dec 4, 2017
Xu Wei
Shanghai Fines China-US Pharma Firm for Bribing Doctors

Shanghai Fines China-US Pharma Firm for Bribing Doctors

The Shanghai Administration for Industry and Commerce has fined biopharmaceutical firm Sino-American Shanghai Squibb Pharmaceutical Co. CNY100,000 (USD15,200) for bribery…

Dec 4, 2017
Xu Wei
China Cannot Ignore Spillover Effect of Tax Reform in US, Vice-Minister of Finance Says

China Cannot Ignore Spillover Effect of Tax Reform in US, Vice-Minister of Finance Says

China needs to pay close attention to how tax reform in the US affects competitiveness, labor productivity and workers’ wages,…

Dec 4, 2017
Liao Shumin

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