Other Briefings
Shandong Province to Build RMB150 Billion Railway Network
Feb. 9 – Shandong Province has announced a seven-year plan for a high-speed intra-province railway system of 14 railroads that will connect 17 cities, including Qingdao, Yantai, Jinan, Rizhao, Linyi and Weihai. The railway plan will cost a total 150 billion yuan with 70 percent of the amount to be shouldered by the Ministry of […]
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 […]
Beijing Lifts Restrictions for Foreigners Buying Real Estate
Jan. 26 – The Beijing government has lifted restrictions on foreigners wanting to purchase real estate in an effort to lift the slumping property market. For this year, the residency requirement and house type limits that applies for foreign expatriates have been removed. Previously, only expatriates that have resided in the capital for more than […]
Beijing’s First SME Business Conference – Jan. 16
BEIJING, Jan. 9 – Beijing’s first SME conference will take place on January 16 at the Radisson Hotel in Beijing. Designed to assist small-medium enterprises overcome difficulties and problems with start up and the first three years of life, the day-long conference brings together well known China-based entrepreneurs and a concise program for delegates. It […]
Taiwanese Businesses to Invest US$2.9 Billion in Tianjin
Dec. 16 – A top official from the Tianjin municipality said that Taiwanese businesses will invest RMB20 billion or around US$2.9 billion in the city mainly in the manufacturing, agriculture and service industries. Ren Xuefeng, the vice-mayor of Tianjin, told China Daily that the investment will include 22 joint projects. Wang Shupei, director of Tianjin […]
Beijing Introduces Tax Cut to Spur Home Purchases
BEIJING, Nov. 25 – In an effort to encourage spending and boost the slumping housing market, the Beijing government cut contract taxes on home purchases yesterday. tarting November 24, homebuyers in Beijing will have their contract tax halved if the price is below a certain level. According to China Daily, this would mean that if […]
China Briefing Launches Regional Business Guides
BEIJING, Nov. 5 – China Briefing officially unveiled its newly published set of regional China business guides last night at the Capital Club in Beijing. The guides, produced in association with Dezan Shira & Associates, provide comprehensive overviews of all of Mainland China’s provinces and many of the countries first-, second-, and third-tier cities. […]
Beijing Reintroduces Car Restrictions in Light of Popular Support
BEIJING, Sept. 29 – The Beijing government has announced that the vehicle usage restrictions that were widely enforced during the Olympics period will be reintroduced in a modified format from October 11 this year until April 10, 2009, from 6am to 9pm daily. Restrictions will be Monday-Friday, as follows, as per the last number of […]
