Policy

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
China to Refund Billions in Overpaid VAT

China to Refund Billions in Overpaid VAT

China plans to return billions of yuan in overpaid value-added tax soon, resolving an issue that has plagued companies by effectively hiking their tax burden.

Jun 29, 2018
Chen Yikan
China to Scrutinize US Foreign Investment Bill

China to Scrutinize US Foreign Investment Bill

China intends to pay close attention to a bill designed to expand the jurisdiction of a US government body that examines…

Jun 29, 2018
Xu Wei
Monetary Policy Should Be Kept Neutral, PBOC Says

Monetary Policy Should Be Kept Neutral, PBOC Says

China's central bank has kept its first monetary policy meeting this year and explained its chosen policy for the foreseeable future in a document that resembles its predecessor.

Jun 29, 2018
Liao Shumin
White House Supports Laws to Curb Foreign Buys of Key US Tech

White House Supports Laws to Curb Foreign Buys of Key US Tech

US President Donald Trump supports a bill now before the US Congress to restrict acquisitions of key US technologies by foreign entities, he said in a statement issued yesterday.

Jun 28, 2018
Xu Wei
China's Film, Tax Authorities Tighten Rules to Curb Actors' Sky-High Salaries

China's Film, Tax Authorities Tighten Rules to Curb Actors' Sky-High Salaries

China's cultural and tax authorities have tightened their policy regarding limits for actors' remuneration after famous Chinese actress Fan Bingbing…

Jun 28, 2018
Liao Shumin

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