Policy

China’s First Spot Electricity Market Pilot Will Fashion Market-Driven Electricity Price Mechanism

China’s First Spot Electricity Market Pilot Will Fashion Market-Driven Electricity Price Mechanism

China's National Development and Reform Commission (NDRC) and the National Energy Administration jointly held an electric power system reform briefing…

Jul 25, 2017
Dou Shicong
Shenzhen’s 2017 Legislative Work Plan Gears Up to Put the Brakes On Shared Bikes

Shenzhen’s 2017 Legislative Work Plan Gears Up to Put the Brakes On Shared Bikes

China's shared cycling industry is caught in the throes of intense competition, with each contender jockeying within the peloton to seize…

Jul 24, 2017
Chen Juan
CSRC Rules Out ‘Easing IPO Restrictions,’ Will Apply Stringent Standards for Listing

CSRC Rules Out ‘Easing IPO Restrictions,’ Will Apply Stringent Standards for Listing

Some recent speculations have swirled that China may further ease IPO restrictions after direct financing was placed as a top priority at the ‘National Financial Work Conference.’

Jul 24, 2017
Zhang Xia
China’s Commerce Ministry Pushes New Foreign Investment Law

China’s Commerce Ministry Pushes New Foreign Investment Law

The Ministry of Commerce has revised and submitted its draft of Foreign Investment Law to the State Council, China’s cabinet,…

Jul 20, 2017
Jin Yuanjia
China Adds 36 Medicines to National Health Insurance Scheme, Cuts Drug Prices by Over 40%

China Adds 36 Medicines to National Health Insurance Scheme, Cuts Drug Prices by Over 40%

The Ministry of Human Resources and Social Security (MHRSS) said yesterday that it has successfully carried out negotiations with pharmaceutical…

Jul 20, 2017
Ma Xiaohua
China Should Avoid Risks Associated With Loose Monetary Policy, Says National Bureau of Statistics

China Should Avoid Risks Associated With Loose Monetary Policy, Says National Bureau of Statistics

China should refrain from adopting unnecessarily loose monetary policies, which could only add to leverage, magnify asset bubble and create…

Jul 17, 2017
Xu Wei
Chinese Firms Express Optimism About India’s Biggest Tax Reform

Chinese Firms Express Optimism About India’s Biggest Tax Reform

After banning India’s largest currency bills, the Modi Administration officially introduced the Goods and Service Tax (GST) reform on July 1 -- the country’s biggest tax reform since independence.

Jul 4, 2017
Miao Qi
People’s Liberation Army Flotilla Celebrates 20th Anniversary of HK Return

People’s Liberation Army Flotilla Celebrates 20th Anniversary of HK Return

The flotilla of the Chinese People’s Liberation Army (PLA) Navy’s aircraft carrier Liaoning headed to Hong Kong to celebrate the…

Jul 3, 2017
Yicai Global
China’s Culture Ministry Continues to Clamp Down On Livestream Sites

China’s Culture Ministry Continues to Clamp Down On Livestream Sites

China’s Ministry of Culture said yesterday that it recently ordered law enforcement departments in Beijing, Shanghai, Guangdong and Zhejiang to…

Jun 30, 2017
Yicai Global
E-Commerce Is Not the Main Reason Physical Stores Are Closing, Official Says

E-Commerce Is Not the Main Reason Physical Stores Are Closing, Official Says

The impact of e-commerce is not the main reason physical stores are closing, and China’s Ministry of Commerce will promote…

Jun 30, 2017
Yicai Global
Shanghai Relaxes Regulations on Direct Employment of Foreign Graduates, Startups, Talents in City

Shanghai Relaxes Regulations on Direct Employment of Foreign Graduates, Startups, Talents in City

To attract more foreign talent, Shanghai has relaxed regulations on employment of foreigners, allowing foreign students to stay and work…

Jun 29, 2017
Yicai Global
Central Reform Group Approves Hangzhou Internet Court

Central Reform Group Approves Hangzhou Internet Court

As the internet becomes ever more closely intertwined with people’s daily lives and work, the Chinese government’s highest reform…

Jun 27, 2017
Tang Shihua

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