Policy

Chinese Departments Issue Circular on Dealing With Commercialization of Buddhism, Daoism

Chinese Departments Issue Circular on Dealing With Commercialization of Buddhism, Daoism

Twelve government departments including the National Development and Reform Commission (NDRC) and the Ministry of Public Security, have jointly issued…

Nov 23, 2017
Liao Shumin
US Department of Commerce Plans to Levy Anti-Subsidy Duty on Tool Cabinets From China

US Department of Commerce Plans to Levy Anti-Subsidy Duty on Tool Cabinets From China

The Department of Commerce put forward plans to introduce anti-subsidy duties on tool cabinets imported from China ranging between 14.03 and 95.96 percent, it said in a press briefing yesterday.

Nov 23, 2017
Liao Shumin
China’s Financial Regulators Hold Working Conference to Combat Problems in Online Micro Lending

China’s Financial Regulators Hold Working Conference to Combat Problems in Online Micro Lending

Regulators are becoming increasingly concerned with China’s online lenders as they head overseas to list. In order to tackle…

Nov 23, 2017
Song Yikang
Government to End Preferential Tax on Small-Engine Car Purchases Next Year

Government to End Preferential Tax on Small-Engine Car Purchases Next Year

The Chinese government is scheduled to end its preferential tax policies on purchases of small-displacement vehicles from Jan. 1, 2018,…

Nov 22, 2017
Zhang Xia
China Will Continue to Drive Coal Prices Down to ‘Rational Level,’ NDRC Official Says

China Will Continue to Drive Coal Prices Down to ‘Rational Level,’ NDRC Official Says

Chinese authorities will bring the high market price of coal down to a more reasonable range, state-owned news agency Xinhua…

Nov 22, 2017
Tang Shihua
Chinese Officials Consult With Lawyers in Cordoba About Immigrants Deprived of Argentine Citizenship

Chinese Officials Consult With Lawyers in Cordoba About Immigrants Deprived of Argentine Citizenship

Chinese consular officials visited Cordoba for a consular inspection between Nov. 9 and Nov. 11, the Chinese Embassy in Argentina…

Nov 20, 2017
Xu Wei
STO Express Faces Punishment Following Probe Into Employees Stamping on Parcels at Delivery Centers

STO Express Faces Punishment Following Probe Into Employees Stamping on Parcels at Delivery Centers

Chinese courier firm STO Express Co. [SHE:002468] faces punishment following a Beijing Municipal Postal Administration investigation into reports that its…

Nov 20, 2017
Zhang Xia
PBOC Will Continue to Improve Its Twin-Pillar Policy Framework

PBOC Will Continue to Improve Its Twin-Pillar Policy Framework

China will continue to improve its policy framework, which involves the use of both monetary tools and macro-prudential regulation to…

Nov 20, 2017
Liao Shumin
Tianjin Court Rules Online Seller Must Pay Significant Compensation For Fake Price Promotions

Tianjin Court Rules Online Seller Must Pay Significant Compensation For Fake Price Promotions

A local court in Tianjin has ruled that an online merchant committed price fraud by providing false money-off promotions to…

Nov 20, 2017
Liao Shumin
China Introduces Pension Insurance Reform to Transfer Some State-Owned Capital to Social Security Funds

China Introduces Pension Insurance Reform to Transfer Some State-Owned Capital to Social Security Funds

China has introduced another key reform in the top-level design of pension insurance -- the “Implementation Plan for Transferring Some…

Nov 20, 2017
Guo Jinhui
PBOC Seeks Public Comment on New Asset Management Policy Limiting Leverage Stacks, Channeling

PBOC Seeks Public Comment on New Asset Management Policy Limiting Leverage Stacks, Channeling

To regulate financial institutions’ asset management business, better prevent and control financial risks and better serve the real economy, departments…

Nov 20, 2017
Xu Wei

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