government policy

China Removes Local Officials From Posts for Illegal Borrowing

China Removes Local Officials From Posts for Illegal Borrowing

Chinese authorities have stepped up efforts to hold local governments to account for legal and regulatory violations regarding the accumulation…

Jul 18, 2018
Chen Yikan
Increased Foreign Investment Will Not Harm Chinese Firms, NDRC Says

Increased Foreign Investment Will Not Harm Chinese Firms, NDRC Says

Increased Foreign Investment Will Not Harm Chinese Firms, NDRC Says. China does not believe that opening up to more foreign…

Jul 17, 2018
Tang Shihua
Genetically Modified Food Is Safe, Chinese Experts Say; Dozens of Countries Disagree

Genetically Modified Food Is Safe, Chinese Experts Say; Dozens of Countries Disagree

Chinese Experts Say Genetically Modified Food Is Safe; Dozens of Countries Disagree

Jul 13, 2018
Liu Jing
China Eases Limits on Foreign Capital in Power Grid Construction

China Eases Limits on Foreign Capital in Power Grid Construction

China is relaxing rules for foreign investors in the country’s power grid construction sector so that their joint ventures will no longer require majority holdings from local companies.

Jul 5, 2018
Lin Chunting
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 Water Bills Are Set to Rise; Urban Residents to Pay Cost Price

China’s Water Bills Are Set to Rise; Urban Residents to Pay Cost Price

China will continue to raise water prices for urban and agricultural water supply as part of efforts to deter wastage by charging more.

Jul 3, 2018
Tang Shihua
Avert Overseas Debt Risks, Manage Realty Firms’ Foreign Loans, NDRC Stresses

Avert Overseas Debt Risks, Manage Realty Firms’ Foreign Loans, NDRC Stresses

The National Development and Reform Commission recently reiterated the need to properly control the amount of foreign debt, optimize its…

Jun 29, 2018
Tang Shihua
Nine Chinese Cities Rev Up Road Tests for Self-Driving to Get Cluster Effect

Nine Chinese Cities Rev Up Road Tests for Self-Driving to Get Cluster Effect

Nine Chinese Cities Rev Up Road Tests for Self-Driving to Get Cluster Effect. Several cities in China have gunned…

Jun 19, 2018
Lu Liyan
China Unveils New Subsidy Policy for NEVs to Streamline Market

China Unveils New Subsidy Policy for NEVs to Streamline Market

China’s new subsidy policy for new energy vehicles has come into effect today after a four-month transition period. Long-range NEVs…

Jun 12, 2018
Liao Shumin
Citic Offshore Helicopter Swoops On First Drone License After New Rules Issue

Citic Offshore Helicopter Swoops On First Drone License After New Rules Issue

Citic Offshore Helicopter has secured a license to operate unmanned aerial vehicles days after a policy on the administration of commercial…

Jun 6, 2018
Tang Shihua
Guangzhou Sets Out Rules For Driverless Vehicle Testing

Guangzhou Sets Out Rules For Driverless Vehicle Testing

Authorities in Guangzhou, capital of China’s southern Guangdong province, have released draft guidelines for driverless vehicle testing on its roads, a key…

Jun 5, 2018
Tang Shihua
Tesla Sales Surge in Shanghai After It Cuts Prices Ahead of New Tariffs

Tesla Sales Surge in Shanghai After It Cuts Prices Ahead of New Tariffs

Tesla Sales Surge in Shanghai After It Cuts Prices Ahead of New Tariffs. A Tesla Inc. dealership in Shanghai sold…

May 24, 2018
Tang Shihua