China Briefing News

China’s FTZ Count Rise to 21 After Beijing, Hunan and Anhui Are Newly Added

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We look at China’s new free trade zones in Beijing, Hunan, and Anhui and the expansion of Zhejiang FTZ and the incentives and policy support on offer.

China Regional Focus: Hangzhou, Zhejiang Province

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By Yao Lu Jan. 2 – Hangzhou, whose name translates to the “heaven of the earth”, is the capital of Zhejiang province. The city is located in the southern part of the Yangtze River Delta, the western end of Hangzhou Bay, the lower reaches of the Qiantang River, and the southern end of the Beijing-Hangzhou […]

Zhejiang Province Adjusts Basic Pension Standard

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Zhejiang readjusted the minimum pension base for social endowment insurance for both rural and urban residents from RMB66 per person per month to RMB80 per person per month, effective from June 1, 2012.

China to Allow Issuance of Local Gov’t Bonds

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China debt institutionalizing as bank default fears loom Oct. 21 – China’s Ministry of Finance has instigated a trial program that will allow four select local governments to issue bonds directly. To date, this route to raising funds has been banned, however rising debt levels and bank loans about to fall due have made the […]

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