North China

China’s Northern and Inland Provinces Recession Free

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Central Avenue, Harbin’s pedestrianized shopping center, is booming with many international and Chinese luxury brands and boutiques lining both sides of this historic street By Chris Devonshire-Ellis and Andy Scott Jan. 3 – China Briefing and Dezan Shira & Associates staff have spent much of the past few days during the holiday season traveling around […]

Taiwanese Businesses to Invest US$2.9 Billion in Tianjin

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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

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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

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  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

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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 […]

Zibo Returns to its Former Silk Road Glory

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Sept. 29 – During the Han and Tang Dynasties, Zibo, at the center of Shandong province, was a major source of the commodity that gave the Silk Road its name. Today, Zibo continues to be an important industrial base because, though now its the city’s rich resources in coal, kaolin and other chemicals that makes […]

The Beijing Review Celebrates 50 Years

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Influential magazine founded by Chairman Mao has overseen dramatic moments of Chinese history BEIJING, Sept. 27 – Beijing Review, China’s only national English weekly news magazine celebrated its 50th anniversary last night in a prestigious anniversary party held at the Grand Millennium Hotel ballroom. Attendees included several vice-ministerial members of the Politburo of the CPC […]

Beijing, Shanghai, Shenzhen implement incentive programs to attract financial services talent

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Sept. 26 – China recently implemented several incentive programs to attract talent to the Chinese financial services sector. Local authorities in Beijing, Shanghai and Shenzhen have introduced new measures to attract financial institutions to set up in their jurisdictions. In Shanghai, financial institutions based in Pudong will benefit from a new incentive program. Security houses, […]

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