Economy & Trade

China to Standardize Rural Land-Use Transfer Rights

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Apr. 8 – China is working out the details of implementing a model contract for rural land-use rights transfer to regularize farmland-use rights. The State Administration for Industry and Commerce said that the model will outline the object, time limit, payment, mode and time of payment of the deal in addition to the date of […]

China in Asia: Apr. 8

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Apr. 8 – Here is how China has been reported across the region over the past week. Asian companies are Investing More in their People Large companies across Asia are increasingly investing in human resources – attracting and keeping the best human capital as well as training them for business opportunities which they might face […]

China Industry: Apr. 7

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Apr. 7 – This is a regular series of relevant industry news from around China. Solar power In order to stimulate the country’s solar industry, China’s Ministry of Finance will provide a subsidy of RMB20 per watt-peak for building integrated photovoltaics with a capacity of more than 50 kilowatt-peaks. Air transport Korean low-cost airline Jin […]

Forbes: Hong Kong has Friendliest Tax Regime in the Region

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Apr. 3 – According to the 2009 Tax Misery and Reform Index, Hong Kong was ranked as the friendliest tax regime in the Asia-Pacific region and the third in the world. The annual index was done by business magazine, Forbes Asia, by comparing 50 jurisdictions around the world. The score was calculated based on the […]

Foreign Investors Asked to Commit 5 Year Lockup for Bank Shares

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Apr. 2 – The China Banking Regulatory Commission (CBRC) has extended the lockup period for bank shares held by foreign investors from of 3 years to 5 years or more. CBRC chairman, Liu Mingkang, was quoted by China Daily during a recent meeting held at the Chinese Academy of Social Sciences,  that if Chinese commercial […]

Zhangjiang High-Tech Park Continues to be Top Draw for FDI

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SHANGHAI, Apr. 1 – Zhangjiang High-tech Park located in Pudong New Area still continues to be a top destination for FDI with a recent signing of contracts with local and international companies worth an estimated RMB4 billion. Government officials told Shanghai Daily that the investment is expected to generate more than RMB20 billion in output […]

New Regulations on Travel Agencies Effective May 1

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Mar. 31- New regulations that will allow local and foreign-owned travel agencies to run inbound and domestic tours with a lower registered capital requirement than was previously the case will take effect beginning May 1. The revised Regulations on Travel Agencies will permit foreign-owned travel agencies to set up in China with just RMB300,000 compared […]

China in Asia: Mar. 31

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Mar. 31 – Here is how China has been reported across the region over the past week. Asia To See Increased, But Lower Value M&A Deals This Year M&A activity in Asia is expected to increase over last year as more companies said they were looking to expand in the face of healthy valuations. In […]

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