China Begins Parliament Session Today
Mar. 5 – The National People’s Congress (NPC) began its annual full session today at the Great Hall of the People in Beijing. Chinese Premier Wen Jiabao said during his speech before 3,000 delegates that the nation needs to “reverse the economic slide as soon as possible.” Mr. Wen said that the government will now […]
AmCham South China Launches Special Report
GUANGZHOU, Mar. 4 – The American Chamber of Commerce in South China launched its annual, 2009 Special Report on the State of Business in South China, compiled in cooperation with Hewitt Associates and Dezan Shira & Associates. The report provides an overview of the economy of Southern China, its progress and development and the challenges […]
China Industry: Mar. 4
Mar. 4 – This is a regular series of relevant industry news from around China. Solar power Yunnan Tianda Photovoltaic Co. Ltd, a company of Hubei New Huaguang Info Materials Co. Ltd., has inked three contracts with Xiuzhou New Area’s administration committee and Xiuzhou Industry Park. The company wants to build a solar cell manufacturing […]
March Issue of China Briefing Online Now
Mar. 3 – The March issue of China Briefing magazine is online and available for download (complimentary subscription available). The cooling Chinese economy, which saw growth slow to 9 percent in 2008, is having a profound effect on the country. Millions of migrant laborers are losing their jobs and domestic stocks are on a roller […]
Advisor: Shanghai Should Have Clearing Bank
Mar. 3 – A political advisor and member of the 11th National Committee of the Chinese People’s Political Consultative Conference (CPPCC) said that China will need to establish a clearing bank in Shanghai to help its growth as a global financial center. Ji Xiaohui told Xinhua: “Setting up a clearing bank is an important step […]
Tax Regulations for Non-Resident Enterprises
Mar. 3 – The State Administration of Taxation (SAT) has issued the tax regulations for non-resident enterprises that do business and have establishments or places of business in China. Tax registration and filing for non-resident enterprises in China is set to begin from March 1, 2009 while 2008 corporate income tax filing should be done […]
China in Asia: Mar. 3
Mar. 3 – Here is how China has been reported across the region over the past week. Getting China and India Right “Getting China and India Right” is a new book published by Anil K.Gupta and Haiyan Wang. Sub-titled “strategies for leveraging the world’s fastest growing economies for global advantage,” it markets itself as an […]
China Sector Watch: Energy
This is the second of a series that will take an in-depth look at the industries that are shaping Chinese economy today. By Joyce Roque Mar. 2 – Prior to Deng Xiaoping’s landmark market reforms, the country’s energy sector was fully-controlled by the state. Fast-forward 30 years and changes in China have been nothing short […]