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	<title>China Briefing News &#187; Business</title>
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		<title>China Vows to Increase Wages and Improve Employment</title>
		<link>http://www.china-briefing.com/news/2012/02/10/china-vows-to-increase-wages-and-improve-employment.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/10/china-vows-to-increase-wages-and-improve-employment.html#comments</comments>
		<pubDate>Fri, 10 Feb 2012 11:00:26 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Legal and Regulatory]]></category>
		<category><![CDATA[Manufacturing]]></category>
		<category><![CDATA[Minimum Wages]]></category>
		<category><![CDATA[South China]]></category>
		<category><![CDATA[China HR]]></category>
		<category><![CDATA[China Labor]]></category>
		<category><![CDATA[China Overheads]]></category>
		<category><![CDATA[Migrant Workers]]></category>
		<category><![CDATA[Operational Costs]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15608</guid>
		<description><![CDATA[Op/Ed Commentary: Vivian Ni Feb. 10 &#8211; In its latest 12th Five-Year Plan on Employment Improvement (&#8220;Plan&#8221;), China says it will continue working on increasing wage levels and controlling unemployment rates. Under these new targets, enterprises operating in China may face the challenge of increasing operational costs. Minimum wage and social welfare According to the new Plan, the average annual growth rate of China&#8217;s minimum wage levels will be over 13 percent between 2011 and 2015. The minimum wage standards in most areas will not be lower than 40 percent of the local average wage level. For a long time &#8230; <a href="http://www.china-briefing.com/news/2012/02/10/china-vows-to-increase-wages-and-improve-employment.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
		<wfw:commentRss>http://www.china-briefing.com/news/2012/02/10/china-vows-to-increase-wages-and-improve-employment.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>China Clarifies Favorable CIT Treatment to Infrastructure and &#8220;Green&#8221; Projects</title>
		<link>http://www.china-briefing.com/news/2012/02/10/china-clarifies-favorable-cit-treatment-to-infrastructure-and-green-projects.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/10/china-clarifies-favorable-cit-treatment-to-infrastructure-and-green-projects.html#comments</comments>
		<pubDate>Fri, 10 Feb 2012 06:40:25 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance, Tax and Accounting]]></category>
		<category><![CDATA[Legal and Regulatory]]></category>
		<category><![CDATA[Regulatory Update]]></category>
		<category><![CDATA[China CIT Deduction]]></category>
		<category><![CDATA[China CIT Exemption]]></category>
		<category><![CDATA[China CIT Incentives]]></category>
		<category><![CDATA[China CIT Law 2008]]></category>
		<category><![CDATA[China Corporate Income Tax]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15593</guid>
		<description><![CDATA[China has granted six-year-long tax incentives to projects on key public infrastructure development and environmental protection. Based on those laws, a recent government document clarified the implementation of such incentives on eligible projects that have already been recognized before 2008. <a href="http://www.china-briefing.com/news/2012/02/10/china-clarifies-favorable-cit-treatment-to-infrastructure-and-green-projects.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>China’s Provincial Retail Statistics for 2011</title>
		<link>http://www.china-briefing.com/news/2012/02/09/chinas-provincial-retail-statistics-for-2011.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/09/chinas-provincial-retail-statistics-for-2011.html#comments</comments>
		<pubDate>Thu, 09 Feb 2012 08:08:33 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[FDI and Foreign Trade]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[China Consumption]]></category>
		<category><![CDATA[China Provinces]]></category>
		<category><![CDATA[China Retail]]></category>
		<category><![CDATA[Luxury Goods]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15597</guid>
		<description><![CDATA[By Julia Gu Also included: Figures on Chinese tourists’ retail spending abroad Feb. 9 – According to preliminary data released from China’s National Bureau of Statistics, retail sales of consumer goods totaled RMB18.12 trillion (US$2.88 trillion) nationwide last year, up 17.1 percent year-on-year. While growth was 2.2 percentage points lower than the increase in 2010, China’s retail industry is expected to remain relatively strong in the near future amid declining export demand and a cooling real estate market – aided largely by the country’s expanding middle class population. Zhu Haibin, chief economist with JP Morgan in China, has projected that &#8230; <a href="http://www.china-briefing.com/news/2012/02/09/chinas-provincial-retail-statistics-for-2011.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Citibank Permitted to Issue Credit Cards in China</title>
		<link>http://www.china-briefing.com/news/2012/02/08/citibank-permitted-to-issue-credit-cards-in-china.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/08/citibank-permitted-to-issue-credit-cards-in-china.html#comments</comments>
		<pubDate>Wed, 08 Feb 2012 09:36:32 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[FDI and Foreign Trade]]></category>
		<category><![CDATA[Finance, Tax and Accounting]]></category>
		<category><![CDATA[China Banking]]></category>
		<category><![CDATA[China e-Payment Market]]></category>
		<category><![CDATA[Citibank China Credit Cards]]></category>
		<category><![CDATA[Citigroup]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15588</guid>
		<description><![CDATA[Greater market access to China&#8217;s banking industry on the road ahead? Feb. 8 &#8211; U.S.-based financial services corporation Citigroup announced on Monday that it has obtained government approval to issue its own credit cards in China. It is hoped that Beijing&#8217;s recent decision indicates that the country will be more willing to open up its banking industry to foreign financial institutions in the near future. Citigroup – operating 13 corporate bank branches and 46 consumer outlets in the world&#8217;s most populous nation – is the first Western bank authorized to issue credit cards in Mainland China. Hong Kong-based Bank of &#8230; <a href="http://www.china-briefing.com/news/2012/02/08/citibank-permitted-to-issue-credit-cards-in-china.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Liquidating a China Business</title>
		<link>http://www.china-briefing.com/news/2012/02/08/liquidating-a-china-business.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/08/liquidating-a-china-business.html#comments</comments>
		<pubDate>Wed, 08 Feb 2012 06:42:47 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Finance, Tax and Accounting]]></category>
		<category><![CDATA[Legal and Regulatory]]></category>
		<category><![CDATA[China Company Law]]></category>
		<category><![CDATA[China Legal]]></category>
		<category><![CDATA[China Liquidation]]></category>
		<category><![CDATA[China Relocation]]></category>
		<category><![CDATA[Closing in China]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15579</guid>
		<description><![CDATA[Many foreign businesses in China do very well and are profitable. However, there will always be some that do not succeed commercially, or that may have to close because of external circumstances affecting their parent company overseas. In this article, we explain the procedures you would need to go through to close a foreign invested enterprise in China, and highlight the many related issues that you will need to address. <a href="http://www.china-briefing.com/news/2012/02/08/liquidating-a-china-business.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Foreign Law Firms in China &#8211; 2012 Listings</title>
		<link>http://www.china-briefing.com/news/2012/02/07/foreign-law-firms-in-china-2012-listings.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/07/foreign-law-firms-in-china-2012-listings.html#comments</comments>
		<pubDate>Tue, 07 Feb 2012 10:19:05 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Legal and Regulatory]]></category>
		<category><![CDATA[China Law]]></category>
		<category><![CDATA[China Legal]]></category>
		<category><![CDATA[Foreign Law Firms]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15555</guid>
		<description><![CDATA[Feb. 7 – Foreign law firms practicing China law, and advising clients on the same, must be registered and licensed by China&#8217;s Ministry of Justice, which also acts as the regulatory body. As of December 31, 2011, there were 208 licensed foreign law offices in China &#8211; please find the complete list below. A detailed list (in Chinese) is also provided by the Ministry of Justice on their official web site, you can view the list by clicking here. Contents include the name of the firm, its country of origin, the date the China license was issued, and the firm’s &#8230; <a href="http://www.china-briefing.com/news/2012/02/07/foreign-law-firms-in-china-2012-listings.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>1</slash:comments>
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		<title>China Grants Tax Incentives to Logistics Industry</title>
		<link>http://www.china-briefing.com/news/2012/02/06/china-grants-tax-incentives-to-logistics-industry.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/06/china-grants-tax-incentives-to-logistics-industry.html#comments</comments>
		<pubDate>Mon, 06 Feb 2012 06:14:33 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Finance, Tax and Accounting]]></category>
		<category><![CDATA[Legal and Regulatory]]></category>
		<category><![CDATA[Regulatory Update]]></category>
		<category><![CDATA[Shipping & Logistics]]></category>
		<category><![CDATA[China Logistics]]></category>
		<category><![CDATA[China Logistics Industry]]></category>
		<category><![CDATA[China Shipping]]></category>
		<category><![CDATA[China Urban Land Use Tax]]></category>
		<category><![CDATA[China Warehousing Facilities]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15547</guid>
		<description><![CDATA[In a move to further boost its logistics industry, China is now allowing logistics enterprises to pay less urban land use tax (ULUT) on lands occupied by their commodity warehouses. <a href="http://www.china-briefing.com/news/2012/02/06/china-grants-tax-incentives-to-logistics-industry.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Top 50 Chinese Cities by Investment Potential</title>
		<link>http://www.china-briefing.com/news/2012/02/03/top-50-chinese-cities-by-investment-potential.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/03/top-50-chinese-cities-by-investment-potential.html#comments</comments>
		<pubDate>Fri, 03 Feb 2012 07:12:36 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy and Politics]]></category>
		<category><![CDATA[FDI and Foreign Trade]]></category>
		<category><![CDATA[Beijing]]></category>
		<category><![CDATA[China Cities]]></category>
		<category><![CDATA[China FDI]]></category>
		<category><![CDATA[China GDP]]></category>
		<category><![CDATA[China Trade]]></category>
		<category><![CDATA[Chongqing]]></category>
		<category><![CDATA[Guangdong]]></category>
		<category><![CDATA[Guangzhou]]></category>
		<category><![CDATA[Shanghai]]></category>
		<category><![CDATA[Shenzhen]]></category>
		<category><![CDATA[Tianjin]]></category>
		<category><![CDATA[Zhengzhou]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15535</guid>
		<description><![CDATA[By Julia Gu Feb. 3 – At the eighth annual World Famous Brands Assembly (WFBA) recently held in Jakarta, Indonesia, the U.S.-China Economic Trade and Investment General Chamber of Commerce, the Europe-America-Asia Cooperation Union for Investment in Industry and Commerce, and the World Cities and World Business Research Association jointly released a list of the “2011 Top 50 Chinese Cities with Strongest Investment Potential.” The results are as follows: WFBA is a non-profit international professional conference which has been successfully held in Hong Kong, Macau, Bangkok, Singapore, Seoul, Tokyo and Kuala Lumpur for seven years since 2004. Chow Kong Shan &#8230; <a href="http://www.china-briefing.com/news/2012/02/03/top-50-chinese-cities-by-investment-potential.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Twitter &#8211; When Freedom of Speech Collides with Business Interests</title>
		<link>http://www.china-briefing.com/news/2012/02/03/twitter-when-freedom-of-speech-collides-with-business-interests.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/03/twitter-when-freedom-of-speech-collides-with-business-interests.html#comments</comments>
		<pubDate>Fri, 03 Feb 2012 06:17:47 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[FDI and Foreign Trade]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[China Freedom of Speech]]></category>
		<category><![CDATA[China Internet Censorship]]></category>
		<category><![CDATA[China Online Information Filtering]]></category>
		<category><![CDATA[China Social Media]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[Twitter Censorship Policy]]></category>
		<category><![CDATA[Weibo]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15532</guid>
		<description><![CDATA[By Vivian Ni Feb. 3 &#8211; Twitter, the U.S.-based micro-blogging service provider, has recently found itself at the receiving end of criticism due to its new policy that will allow content censorship on a country-by-country basis. The policy adjustment may have revealed Twitter’s interest in returning to the cash-flowing Chinese market, where the government implements strict internet censorship regulations and blocks an array of Western social media web sites. In a blog post last Thursday, Twitter said that it had refined its technology and gained &#8220;the ability to reactively withhold content from users in a specific country – while keeping &#8230; <a href="http://www.china-briefing.com/news/2012/02/03/twitter-when-freedom-of-speech-collides-with-business-interests.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Relax. South China Exports and Manufacturers are Doing Just Fine</title>
		<link>http://www.china-briefing.com/news/2012/02/01/relax-south-china-exports-and-manufacturers-are-doing-just-fine.html</link>
		<comments>http://www.china-briefing.com/news/2012/02/01/relax-south-china-exports-and-manufacturers-are-doing-just-fine.html#comments</comments>
		<pubDate>Wed, 01 Feb 2012 07:34:32 +0000</pubDate>
		<dc:creator>China Briefing</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[FDI and Foreign Trade]]></category>
		<category><![CDATA[Manufacturing]]></category>
		<category><![CDATA[South China]]></category>
		<category><![CDATA[China Exports]]></category>
		<category><![CDATA[China Manufacturing]]></category>
		<category><![CDATA[Chris Devonshire-Ellis]]></category>
		<category><![CDATA[Dezan Shira & Associates]]></category>
		<category><![CDATA[Guangzhou]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Shenzhen]]></category>
		<category><![CDATA[Zhongshan]]></category>

		<guid isPermaLink="false">http://www.china-briefing.com/news/?p=15517</guid>
		<description><![CDATA[Op/Ed Commentary: Chris Devonshire-Ellis Feb. 1 – With some media spotlighting potential problems in South China – and one blog even going so far as to suggest smart Chinese businessmen are queuing up to attract orders, only to deliberately declare bankruptcy – it’s time to look again at the realities of the situation. The actual business environment in South China is something we are qualified to discuss with some knowledge – our firm, Dezan Shira &#38; Associates, has four regional offices there (Hong Kong, Shenzhen, Guangzhou and Zhongshan) and has conducted business in the region for 20 years, while our &#8230; <a href="http://www.china-briefing.com/news/2012/02/01/relax-south-china-exports-and-manufacturers-are-doing-just-fine.html">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
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		<slash:comments>9</slash:comments>
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