Other Briefings
China Plans to Alter Resource Tax Structure
May 24 – China plans to alter the tax structure on the profits made off energy products according to a work conference last Thursday in Xinjiang. The new structure, which will first be tested in a pilot program in the province, will consider resource prices as a factor when levying taxes, compared to the current […]
Microfinance: The Untapped Chinese Market
By Sophie Cerny and Jessica Tou May 13 – Microfinance in China has the potential to be one of the leading, innovative approaches to alleviating poverty and boosting rural and regional economic development. This report will take a closer look at how the current Chinese microfinance model came about, the current outcomes of the model, […]
New China Briefing Books Out Now
Jan. 22 – China Briefing just released two new titles on doing business in the country; expanding the Asia Briefing roster of invaluable resources for both the new and experienced foreign investor. Human Resources in China Due to the rapidly changing nature of the labor market and the laws that govern it in China, it […]
China to Invest RMB468.9 Billion for Western Region Development
Oct. 14 – China plans to invest RMB468.9 billion in projects to further improve the development of its western region this year according to the National Development and Reform Commission (NDRC). Xinhua reports that the money will fund 18 projects that include railways, expressways, hydropower stations, shipping hubs, water control projects and airports in the […]
Hong Kong Nightlife Hub to Expand to Chengdu
Sept. 15 – Hong Kong’s famous nightlife hub, Lan Kwai Fong, is set to expand to Chengdu by March 2010. The Hong Kong-based billionaire property developer, Allan Zeman, has announced plans to open another version of his Lan Kwai Fong branded leisure area in Chengdu. Lan Kwai Fong is a popular destination in Hong Kong […]
New Bank Department To Handle RMB Global Development
Sept. 8 – China’s central bank, the People’s Bank of China (PBOC), will establish a Second Monetary Policy Unit to deal with a wide range of commercial issues concerning the use of the renminbi in international trade, investment, swaps and foreign aid. The unit is will be led by current PBOC Vice-Governor, Hu Xiaolian. The […]
Logistics Investment Plan to Boost Chongqing’s Infrastructure
Sept. 3 – The country’s top economic planner,The National Development and Reform Commission, recently gave the green light to Chongqing’s “Three Bases and Four Ports” logistic investment plan according to a report made by the Shanghai Securities News. The bases will include a railway container terminal at Tuanjiecun, an airport logistic center at Jiangbei International […]
West, Central Regions Recession Proof as Auto Sales Surge
Aug. 20 – China’s Western and Central inland regions have reported a surge in auto sales with growth of 33 percent for the first half year over 2008 figures, according to a report from the global market research firm, Ipsos. The industry average for China this year has been 24 percent. More than 2.73 million […]
