1. Law on Urban and Rural Planning put into effect in 2008
This is an interview with Qiu Baoxing, vice minister of the Ministry of Construction. China's Law on Urban and Rural Planning was adopted by the Standing Committee of the National People's Congress (NPC) on Oct. 28, and is scheduled to take effect Jan. 1, 2008. [www.sohu.com, 2008.01.02]
2,130 words - PReSEARCH it now
2. China puts quota on grain powder exports
China started a temporary quota policy on the export of wheat, corn and rice flour in order to guarantee an adequate domestic supply. The adjustment is aimed at curbing grain exports boosted by climbing international prices and stabilizing domestic food prices, said the Ministry of Commerce. [www.sohu.com, 2008.01.02]
595 words - PReSEARCH it now
3. Project on high-end CNC machine tools has been delivered to three ministries for approval
A project on high-end CNC machine tools has been delivered to three ministries for approval. The three ministries are the Ministry of Science and Technology, the National Development and Reform Commission (NDRC) and the Ministry of Finance. [www.sohu.com, 2008.01.02]
896 words - PReSEARCH it now
4. China will establish a "water rights system"
A regulation on water allocation will be put into effect Feb. 1, 2008. Zhou Ying, vice minister of the Ministry of Water Resources, introduces the new regulation. This is the first step in China toward establishing a "water rights system". [www.sina.com.cn, 2008.01.02]
1,643 words - PReSEARCH it now
5. The Independent: China set to assert status as global colossus in 2008
This is an article published in The Independent. China is set to make 2008 the year it asserts its status as a global colossus by flexing economic muscles on international markets and exhibiting its cultural richness, The Independent newspaper said. "The world's most populous nation will mark the next 12 months with a coming-of-age party that will confirm its transformation in three decades from one of the poorest countries of the 20th century into the globe's third-largest economy, its hungriest consumer and the engine room of economic growth," the daily said in an article. [www.sina.com.cn, 2008.01.02]
1,873 words - PReSEARCH it now
6. Trial for energy-efficient power generation launched in Guizhou
Dec. 30, a trial for energy-efficient power generation is launched in Guizhou province. On Dec. 30 alone, Guizhou saved 592 tons of coal. [www.p5w.net, 2008.01.02]
652 words - PReSEARCH it now
7. China has formed a four-layer housing protection system
In a bid to provide low-cost housing to those most in need, the MOC, the Ministry of Land and Resources (MLR) and seven other ministries released the low-rent housing guarantee policy this past Nov. The policy took effect on Dec. 1. This policy was targeted at the 10m low-income urban families whose living space was less than 10 sq m per person, accounting for 5.5% of all Chinese households. The low-rent housing guarantee policy was built on the back of the low-rent housing system. [www.hexun.com, 2008.01.02]
1,125 words - PReSEARCH it now
8. China's State Postal Bureau issues standard for express delivery service
In Sept., China's State Postal Bureau issued a standard for express delivery services. The new standard goes into effect on Jan. 1, 2008. [www.cnii.com.cn, 2008.01.02]
631 words - PReSEARCH it now
9. China starts phasing in new corporate income tax law
China's State Council, or cabinet, began phasing in the new unified corporate income tax which took effect yesterday with new rules covering the transition to a single tax rate of 25% for foreign and domestic firms by 2012. In a statement published on the website of the Ministry of Finance, the five-year phase-in period involves a tax rate of 18% in 2008, 20% in 2009, 22% in 2010, 24% in 2011 and 25% in 2012, for companies previously assessed at the 15% rate. The transitional measures apply to companies registered with industry and commerce regulators before March 16, 2007. Companies enjoying tax exemptions or other concessionary rates will continue to be assessed at those levels until their privileges expire. These include preferential schemes covering companies in China's western regions. Incentives for qualified technology companies registered in special economic zones, including Shenzhen, Zhuhai, Shantou, Xiamen and Hainan, as well as in the Shanghai Pudong New Area, remain in force, the ministry said. [www.cnetnews.com.cn, 2008.01.02]
1,453 words - PReSEARCH it now
10. Half of China's provinces are paying karaoke copyright royalties
Nearly half of China's provinces had taken the initiative to collect karaoke copyright royalties by the end of 2007 to protect intellectual property rights (IPR) in the audio and video sector. The China Audio and Video Association (CAVA) and China Copyright Society of Works of Music (CCSWM) said 15 provinces and municipalities, including Beijing, Guangdong and Jiangsu, have so far agreed to pay copyright royalties and this practice should be spread nationwide. [www.ccw.com.cn, 2008.01.02]
219 words - PReSEARCH it now
|
Links |
- Get the AmCham China Wire with your RSS aggregator