TRADE AND INVESTMENT REGULATIONS

State Council executive meeting adopts revised draft of food safety law

30 May 2014

According to the Food Safety Law of the People’s Republic of China (Revised Draft) passed on principle at the State Council Executive Meeting held on 14 May, food safety is in the interests of each and every consumer. More

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Fee for issuing certificate of origin waived

30 May 2014

China's Ministry of Finance (MOF) announced that in a move to reduce the burden of foreign trade enterprises and promote steady export growth, starting from 1 May until 31 December 2014, the fee for certificates of origin for export goods issued by the China Council for the Promotion of International Trade (CCPIT) and its sub-councils to consignors of export goods is to be waived. More

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Preferential policies for producer services

29 May 2014

At the State Council Executive Meeting convened on 14 May, it was agreed that efforts will be made to accelerate development of the producer services sector in a move to advance the adjustment and upgrade of industrial restructure. More

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Two policy directions to achieve steady economic growth, says report

27 May 2014

A report published by the Chinese Academy of Social Sciences (CASS) has identified two policy directions for China to achieve steady economic growth: first, promote sustainable infrastructure construction and advance new-style urbanisation; second, develop high value-added modern services and high-end manufacturing. More

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Yangtze River economic belt to underpin China's sustained growth

26 May 2014

China's Premier Li Keqiang gave fresh support to the development of an economic belt along the Yangtze River to provide a new and important driving force for the sustainable development of the Chinese economy. More

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China eases approval process for foreign investment projects

26 May 2014

The National Development and Reform Commission (NDRC) has recently released new rules to simplify the approval process for foreign investments and delegate more approval powers to local authorities. More

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Guangdong announces cloud computing development plan 2014-2020

23 May 2014

The Guangdong Provincial People's Government recently published the Plan for the Development of Cloud Computing in Guangdong 2014-2020. More

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Guangdong announces key tasks in implementing PRD plan in 2014

22 May 2014

The Guangdong provincial government recently announced the Key Work Tasks for 2014 in Implementing the Outline of the Plan for the Reform and Development of the Pearl River Delta (the Work Tasks). More

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Mainland banks process tax refund for overseas shopping

20 May 2014

In view of the sweeping wave of shopping overseas, a number of Chinese banks now act as agents offering overseas tax refund service. More

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Ministry of Finance amends national CPA examination rules

20 May 2014

It was learned on 25 April that the Ministry of Finance has amended some of the provisions in the Measures for Uniform Certified Public Accountant (CPA) Examination (Examination Measures) and issued the Decision on the Amendment of Measures for Uniform CPA Examination with a view to solving some of the practical problems in this examination. More

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