Policy

China’s Macro-Economic Planner Regulates Pricing Practices for Short-Supplied Drugs, APIs to Ensure Fair Competition

China’s Macro-Economic Planner Regulates Pricing Practices for Short-Supplied Drugs, APIs to Ensure Fair Competition

China’s top macro-economic planner, the National Development and Reform Commission (NDRC), has formulated 'Pricing Practice Guidelines for Sellers of Short-Supplied…

Nov 24, 2017
Xu Wei
China to Study Worldwide Policies as It Mulls Drafting Estate Tax Law

China to Study Worldwide Policies as It Mulls Drafting Estate Tax Law

China’s Ministry of Finance has answered public concerns about whether or not it will levy estate tax in an official…

Nov 23, 2017
Chen Yikan
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

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