Policy

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
China to Keep Close Watch on Proposed US Investment Restrictions

China to Keep Close Watch on Proposed US Investment Restrictions

China to Keep Close Watch on Proposed US Investment Restrictions. China’s commerce ministry will closely monitor the United States…

Jun 27, 2018
Xu Wei
China Ropes Off 103.3 Million Square Kilometers as Permanent Basic Farmland

China Ropes Off 103.3 Million Square Kilometers as Permanent Basic Farmland

Yesterday was the 28th National Land Day. Its theme was ‘cherishing land resources and building a beautiful home.’ China’s natural…

Jun 26, 2018
Liao Shumin
China’s Foreign Affairs Ministry Urges Fair Play as US Mulls Curbs on Tech Investments

China’s Foreign Affairs Ministry Urges Fair Play as US Mulls Curbs on Tech Investments

The US treasury department is drafting curbs that would block firms with at least 25 percent Chinese ownership from buying…

Jun 26, 2018
Xu Wei
China's Second-Tier Cities Pioneer in Measures to Deflate Booming Housing Bubbles

China's Second-Tier Cities Pioneer in Measures to Deflate Booming Housing Bubbles

Two Chinese second-tier cities of Xi'an in northwestern Shaanxi province and Changsha in central Hunan province have tightened housing policies to control property speculation.

Jun 26, 2018
Chen Juan & Liu Jing
PBOC Cuts Reserve Requirements for Third Time in 2018 to Boost Bank Lending

PBOC Cuts Reserve Requirements for Third Time in 2018 to Boost Bank Lending

China’s central bank has cut the amount of cash that most of the country’s banks must hold as reserves for the third time this year to buoy corporate funding amid trade tensions with the US. 

Jun 25, 2018
Liao Shumin

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