Other Briefings
Guangdong to Allot US$4 Billion for Jobless Rural Workers
Feb. 5 – The Guangdong provincial government has announced that it will allot more than RMB30 billion (US$4 billion) to aid jobless rural workers. The measure comes after China recently admitted that there was a huge jump in unemployment rates in the country with an estimated 20 million rural migrants now unemployed. Rural families earn […]
Textile Tax Rebate to Increase 15 Percent
Feb. 5 – China will increase the tax rebate rate for textile and garment exports to 15 percent from the previous from 14 percent in an effort to support the textile industry and help exporters reduce costs. The State Council did not specify when the new tax rebate rate will be applied. This is the […]
Harbin Preparing to Bid for Winter Olympics
Feb. 4 – With the Chinese government officially declaring they would not be bidding to host the 2018 or 2022 World Cup soccer finals, attention has now focused on a possible bid for the Winter Olympics in either 2018 or 2022. Li Zhanshu, the provincial governor for Heilongjiang, has stated that this month’s Winter University […]
PLA Troops Enter Beijing 60 Years Ago this Week
BEIJING, Feb. 4 – In this year of important Chinese anniversaries, 60 years ago communist troops from the People’s Liberation Army took control of Beijing following the city’s occupation by Kuomingtang troops during the Chinese civil war. Following negotiations between the surrounded KMT forces and the PLA, KMT general Fu Zuoyi agreed to evacuate the […]
China in the Light of her Development
Feb. 4 – Chinese Premier Wen Jiabao has been in Europe attending the annual Davos World Economic Forum, as well as visiting with European leaders. The past two days have seen him in London, where a doubling of British exports to China within the next 18 months was agreed upon – signs that China is […]
UN Initiative in Greater Tumen Region to Boost Northeast China
BEIJING, Feb. 3 – The Greater Tumen area – the land mass that covers Northeast China, the Asian part of Russia, Mongolia, and North and South Korea – has been earmarked for special development and investment incentive status by the United Nations. China has already made commitments to this by hosting its own Heilongjiang International […]
China Approves Tax Breaks and Subsidies for Service Outsourcing Industry
Feb. 3 – The State Council has approved tax breaks and subsidies to boost the growth of China’s service outsourcing industry. The measures will also include a series of tax and fiscal policies and intellectual property rights protection, reports Xinhua. Businesses dealing with information technology, training, production materials procurement, logistics, and advertising are qualified to […]
Improvements Forecast for China’s Real Estate Market
SHANGHAI, Feb. 2 – Crispins Property Investment Management, the highly respected China-centered property investment firm, has just released their latest report on China’s nationwide property markets. Founded by Shanghai-based real estate expert Sam Crispin in 2002, the report includes commentary on the property markets in Shanghai, Beijing, Tianjin, Guangzhou, Shenzhen, and Hainan can be read […]
