Policy

China's Tax Revenue Grows Despite Duty Cuts

China's Tax Revenue Grows Despite Duty Cuts

China's aim to cut levies by CNY800 billion (USD119.5 billion) this year is not showing in the public tax revenue yet, which soared more than the economic growth for the first six months of the year.

Jul 17, 2018
Chen Yikan
Housing Ministry Calls for Adjustments to Shantytown Compensation Based on Local Conditions

Housing Ministry Calls for Adjustments to Shantytown Compensation Based on Local Conditions

China’s housing ministry has emphasized that monetized resettlement programs in the country’s shantytowns should be carried out according to varying local conditions.

Jul 13, 2018
Liao Shumin
China's Hundsun Fires Two Chiefs On Financial Software Theft Charges

China's Hundsun Fires Two Chiefs On Financial Software Theft Charges

China's Hundsun Fires Two Chiefs On Financial Software Theft Charges

Jul 12, 2018
Wang Hai
Ex-Securities Regulator Charged With USD11 Mln Worth of Bribery, Insider Trading

Ex-Securities Regulator Charged With USD11 Mln Worth of Bribery, Insider Trading

Ex-Securities Regulator Charged With USD11 Mln Worth of Bribery, Insider TradingYao Gang, Hearings, Bribery, Insider Dealing Offence, Court, China Securities Regulatory Commission

Jul 11, 2018
Liao Shumin
China to Speed up Drug Approvals by Accepting Overseas Trial Data

China to Speed up Drug Approvals by Accepting Overseas Trial Data

China’s drug regulators will allow companies to use overseas clinical trial data in their applications for new drug approvals…

Jul 11, 2018
Liu Jing & Liao Shumin
China May Give Stocks, Market Wages to Workers at State Financial Firms

China May Give Stocks, Market Wages to Workers at State Financial Firms

China May Give State-Owned Financial Firms' Workers Stocks, Market-Based Wages. China will explore the implementation of employee stock ownership plan in…

Jul 9, 2018
Liao Shumin
China Will Eliminate Substandard Tour Products

China Will Eliminate Substandard Tour Products

In response to the shipwreck tragedy in Phuket Island, Thailand on July 5, the Ministry of Culture and Tourism of…

Jul 9, 2018
Xu Wei
China Will Stabilize Its Firms' Ability to Take On Debt, PBOC Economist Says

China Will Stabilize Its Firms' Ability to Take On Debt, PBOC Economist Says

China Will Stabilize Its Firms' Ability to Take On Debt, PBOC Economist Says. The growth of China's financial leverage ratio…

Jul 5, 2018
Song Yikang
China Eases Curbs on Foreign Capital in Railroads to Diversify Investment

China Eases Curbs on Foreign Capital in Railroads to Diversify Investment

Foreign capital now has broader access to the rail sector since China lifted restrictions on overseas investment in railroad equipment manufacturing.

Jul 4, 2018
Zhu Yanran
China's New Regulators' Elite Group Calls Its First Meeting to Prevent Fiscal Risks

China's New Regulators' Elite Group Calls Its First Meeting to Prevent Fiscal Risks

China's New Regulators' Elite Group Calls Its First Meeting to Prevent Fiscal Risks. China's fresh elite committee of top financial…

Jul 4, 2018
Xu Yanyan
China Aims to Raise Rail Cargo Volumes by 30% by 2020

China Aims to Raise Rail Cargo Volumes by 30% by 2020

China's government has set out plans to boost railway cargo by 1.1 billion tons or 30 percent by 2020 and reduce road freight as part of an environmental drive.

Jul 3, 2018
Dou Shicong
China Eases Restrictions on Corn, Natural Resources at FTZs

China Eases Restrictions on Corn, Natural Resources at FTZs

The Chinese government has eased restrictions on joint venture shareholdings for foreign companies investing in corn and wheat, as well as oil and gas, at the country’s free trade zones.

Jul 2, 2018
Dou Shicong

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