Policy

China May Launch Retirement Target Fund to Address Growing Pension Problem, Says Sector Executive

China May Launch Retirement Target Fund to Address Growing Pension Problem, Says Sector Executive

China may launch a retirement target fund next year as the funding industry and regulators are formulating new policies to…

Dec 18, 2017
Dou Shicong
South China’s Guangdong Province Takes Lead to Tighten Management Over Individual Income Taxes

South China’s Guangdong Province Takes Lead to Tighten Management Over Individual Income Taxes

South China’s Guangdong province has unveiled a series of tax measures as part of China’s most comprehensive tax reform in…

Dec 15, 2017
Chen Yikan
Shanghai Incentivizes Middle-Income Earners to Narrow Income Gap

Shanghai Incentivizes Middle-Income Earners to Narrow Income Gap

Shanghai’s government plans to give incentives to eight kinds of income groups with significant potential for income growth to swell the…

Dec 15, 2017
Xu Huiyun
Looming NEV Policy Shift Means All Is Quiet for Beijing’s Buyers at Year’s End

Looming NEV Policy Shift Means All Is Quiet for Beijing’s Buyers at Year’s End

Although production and sales of new energy vehicles (NEVs) rose substantially in China in the first 11 months of this…

Dec 15, 2017
Xu Wei
China Plans to Set Up Petrochemical Bases on Islands as It Prioritizes Environmental Protection

China Plans to Set Up Petrochemical Bases on Islands as It Prioritizes Environmental Protection

The Chinese government recently proposed setting up large industrial bases on isolated islands as part of its push to make environmental protection a priority.

Dec 14, 2017
Chen Juan
Wuhan Concrete Makers Stop Work, Urge Government to Get Mixed Up in Cement Prices

Wuhan Concrete Makers Stop Work, Urge Government to Get Mixed Up in Cement Prices

Impacted by air pollution regulatory policies and a worsening shortage of raw materials, members of the Wuhan Concrete Association reacted…

Dec 12, 2017
Xu Wei
Beijing to Relax Regulatory Measures on Imported Biological Materials

Beijing to Relax Regulatory Measures on Imported Biological Materials

Beijing will further relax regulatory measures on imported biomaterials, including specific-pathogen-free (SPF) rats and mice, plants and animals for genetic…

Dec 12, 2017
Dou Shicong
Authorities Review China’s First Local UAV Regulations in Zhejiang as Drone Market Takes Off

Authorities Review China’s First Local UAV Regulations in Zhejiang as Drone Market Takes Off

The 12th National People’s Congress Standing Committee in Zhejiang province reviewed a draft of regulations on small unmanned aerial vehicle…

Dec 12, 2017
Xu Wei
Some Regions of China Experience Pension Fund Issue as Payment Ability Drops to Less than One Year, Says Report From Ministry

Some Regions of China Experience Pension Fund Issue as Payment Ability Drops to Less than One Year, Says Report From Ministry

The accumulated deficit of pension fund in northeast China’s Heilongjiang province had reached CNY23.2 billion (USD3.5 billion) at the end…

Dec 11, 2017
Liao Shumin
Wuhan Cuts Gas to Commercial Users in City to Preserve Residential Supply Amid Shortage

Wuhan Cuts Gas to Commercial Users in City to Preserve Residential Supply Amid Shortage

Wuhan Cuts Gas to Commercial Users in City to Preserve Residential Supply Amid Shortage

Dec 8, 2017
Liao Shumin
China Rolls Out Cross-Border E-Commerce Transitional Policies to More Cities

China Rolls Out Cross-Border E-Commerce Transitional Policies to More Cities

China has today decided to increase the number of cities covered by the transitional period policies for cross-border e-commerce businesses…

Dec 7, 2017
Dou Shicong
CIRC Fines Ctrip Insurance Agency USD45,000 for Withholding Product Details

CIRC Fines Ctrip Insurance Agency USD45,000 for Withholding Product Details

A unit of Chinese online travel service firm Ctrip.com International Ltd. [NASDAQ:CTRP] received a warning and a CNY300,000 (USD45,000)…

Dec 6, 2017
Liao Shumin

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