Other Briefings
Tianjin to Expand Rail Network by 2020
May 26 – Tianjin’s plan to grow its railways system to 470 kilometers of track by 2020 has been approved. Tianjin is a port city located around 120 kilometers from Beijing. Currently, it has one subway line and one light rail line totaling 70 kilometers while two more subway lines and an extension of the […]
CHINICT Founder Looks Forward to Successful IT Entrepreneurship Conference
May 5 – From May 21 to May 22, Beijing will play host to the largest networking, communication and brand-positioning event in Asia for the world’s fastest growing IT corporations. CHINICT [pronounced China-ICT] aims to bring together established industry heavyweights with up and coming IT companies, providing insight into market trends and introducing cutting-edge technologies. […]
Majority of China’s Richest Live Outside Big Cities
Apr. 17 – Majority of China’s wealthiest people live outside the huge cities of Beijing, Shanghai and Guangdong, according to a study. The Hurun 2009 Wealth Report announced that 825,000 people in China have a reported personal wealth of more than RMB10 million (US$1.47 million) while 51,000 people are worth more than RMB100 million. Fifty-two […]
Hong Kong, Shenzhen and Shanghai Listed as the Most Competitive Cities in China
Apr. 15 – The seventh edition of the Blue Book on Urban Competitiveness conducted by the Chinese Academy of Social Sciences (CASS) listed Hong Kong, Shenzhen and Shanghai as the three top competitive cities in the country. The newest entrant to the top 10 is the coastal city of Qingdao; which hosted the sailing events […]
Rules for Chinese Overseas Investment Relaxed, Guidelines Issued
Apr. 13 – The Ministry of Commerce released its first guidelines for overseas investment by Chinese companies on Friday. The document, encompassing some twenty countries approved by the central government to receive Chinese investment, are part of the ministry’s strategy to assist Chinese companies abroad and come on the heels of last month’s relaxing of […]
Beijing’s Car Restrictions to Continue for Another Year
Apr. 7 – Beijing’s revised restrictions on cars will continue for another year beginning April 13 and will only be enforced on weekdays not including holidays and weekends. Spokesman for the municipal committee of communications, Wang Zhaorong, said in a press conference that some of the rules were changed to make it easier for residents […]
Beijing Rejects Local Gov’t Plans to Extend May Holidays
Mar. 27 – Beijing has rejected plans to change the May holidays after the local governments of Guangdong, Liaoning, Xinjiang Uygur Autonomous Region and Hangzhou City, Zhejiang announced an extended week in an effort to boost domestic consumption and tourism. The central government has instructed the local governments to follow the set three day holiday. […]
Northeast Asia Regional Forum Concludes in Mongolia, Economic Cooperation Trumpeted
ULAANBAATAR, Mongolia, Mar. 25 – Government ministers and business leaders from Northeast Asia came together with the United Nations Development Program for the 10th meeting of the Greater Tumen Initiative Consultative Commission, held in the Mongolian capital of Ulaanbaatar on March 24 and March 25. The Greater Tumen Initiative is an intergovernmental cooperation mechanism in […]
