Policy

China's State Council Cuts Tax and RRR to Get Mom ‘n’ Pops Low-Cost Loans

China's State Council Cuts Tax and RRR to Get Mom ‘n’ Pops Low-Cost Loans

China has introduced new measures to help solve the old problem of difficult financing and exorbitant funding costs for smaller, less profitable enterprises.

Sep 28, 2017
Chen Yikan
China Will Exempt VAT for Two Years on Loans to Small and Micro Businesses

China Will Exempt VAT for Two Years on Loans to Small and Micro Businesses

The Executive Meeting of the State Council recommended that China intensify its financial support for small and micro businesses, including…

Sep 28, 2017
Dou Shicong
Regulator Calls On Shanghai Banks to Up Science and Tech Lending by 15% a Year Until 2020

Regulator Calls On Shanghai Banks to Up Science and Tech Lending by 15% a Year Until 2020

The Shanghai office of the China Banking Regulatory Commission (CBRC) and the city’s Science and Technology Committee have issued a…

Sep 27, 2017
Tang Shihua
China to Nudge Jobless Benefits Up to 90% of Minimum Wage

China to Nudge Jobless Benefits Up to 90% of Minimum Wage

China will gradually lift unemployment insurance benefits to 90 percent of minimum wage, per regulations its labor and social security and finance ministries issued online yesterday.

Sep 27, 2017
Xu Wei
SAIC Will Ban Company Names With ‘China,’ Except Those State Council Approves

SAIC Will Ban Company Names With ‘China,’ Except Those State Council Approves

A draft document on the administration of company name registration the State Administration for Industry and Commerce (SAIC) recently issued…

Sep 25, 2017
Tang Shihua
Central Government Has Backed Artificial Weather for Past Five Years, MOFCOM Data Shows

Central Government Has Backed Artificial Weather for Past Five Years, MOFCOM Data Shows

China’s central government has actively run a major deployment to accelerate the development of modern agriculture and strengthen disaster prevention…

Sep 21, 2017
Zhang Xia
Shenzhen Seizes Four Tons of Currency From Smurfs in Mass Smuggling Case

Shenzhen Seizes Four Tons of Currency From Smurfs in Mass Smuggling Case

The Guangdong Provincial Public Security Frontier Corps’ Shenzhen border detachment has uncovered a serious cash smuggling case involving four tons…

Sep 21, 2017
Tang Shihua
Shared Bikes in Beijing Will Have a Service Life of Maximum Three Years

Shared Bikes in Beijing Will Have a Service Life of Maximum Three Years

Detailed rules on bike-sharing management issued by transport authorities in Beijing require that shared bikes in commercial operation in China’s…

Sep 19, 2017
Tang Shihua
Hangzhou Stops Shared E-Bike Operations in City Due to Potential Risks

Hangzhou Stops Shared E-Bike Operations in City Due to Potential Risks

In order to ensure healthy and orderly development of the shared electric bicycle industry, Hangzhou, capital of East China’s Zhejiang…

Sep 18, 2017
Zhang Xia
China Ramps Up Cyber Security Regulations to Protect Public, Builds Threat-Sharing Platform

China Ramps Up Cyber Security Regulations to Protect Public, Builds Threat-Sharing Platform

China is strengthening public cyber security regulations and building a sharing platform to discuss online threats in an effort to safeguard the internet.

Sep 15, 2017
yicai
Security Reviews Should Not Be Used as Tool for Protectionism, China’s Ministry of Commerce Says

Security Reviews Should Not Be Used as Tool for Protectionism, China’s Ministry of Commerce Says

Countries have the legitimate right to conduct security reviews of foreign investments in sensitive sectors, but should not use them…

Sep 14, 2017
Tang Shihua
China Will Likely Release Overseas Investment Enterprise Blacklist System Next Month

China Will Likely Release Overseas Investment Enterprise Blacklist System Next Month

China’s National Development and Reform Commission is working with its Ministry of Commerce and other relevant departments to establish a…

Sep 14, 2017
Zhang Xia

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