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Issue 02, 2003 (01 February)
 Inside PRD
A Cluster of Specialised Commercial Districts
In the past year, the governments of municipalities in the Pearl River Delta (PRD) region have introduced a series of initiatives ... (full story)
 Leader
Eastern Guangdong Offers New Incentives to Attract Hong Kong Investment
The newly elected Guangdong Provincial People's Congress held its first meeting on 13 January 2003 ... (full story)

 Policy and Law
Regional Tax Breaks to be Gradually Phased Out
According to sources from the State Administration of Taxation (SAT), "national treatment" and "strengthening the central government's control over tax revenue" ... (full story)
Forex Receipts to be Reported in Five Days
The State Administration of Foreign Exchange (SAFE) recently announced that all forex receipts relating to international payments ... (full story)

 Local Policy
Huangpu Customs Implements Express Clearance
To better support large high-tech enterprises and further promote foreign economy, Huangpu Customs has adopted express customs clearance procedures ... (full story)
Shenzhen Lifts Registered Capital Requirement on High-tech Enterprises
Shenzhen will strengthen its foreign economic and trade activities in the coming year by further lowering the threshold on application ... (full story)

 Industrial Policy
Anti-dumping Duty On Two Organic Chemicals
MOFTEC announced that effective from 7 January 2003 provisional anti-dumping measures would be applied to caprolactam ... (full story)
China's First Rating System For Home Appliances Industry
According to SETC, China's first rating system for home appliance maintenance services came into effect on 1 January ... (full story)

 Services Sector
China Revises Patent Law Implementation Rules
The State Council recently amended the Rules for the Implementation of the Patent Law, which became effective on 1 February 2003 ... (full story)
Beijing Breaks Monopoly in Public Utilities
Beijing will gradually expedite the marketisation of its public utilities in 2003. The suggestions on accelerating the marketisation of public utilities ... (full story)

 Western Express
Cooperation Between Yunnan and ASEAN
Since 2001, Kunming Iron and Steel, Yunnan Copper, Yunnan International Economic and Technological Cooperation Co, FAW-Hongta, Yunnan-Hangtai Group, ... (full story)

 Emerging Opportunities
Restaurant Clusters Thrive in Shanghai
Shanghai's catering market is an ever-changing scene of intense competition. Different types of restaurants are thriving as an affluent society begins ... (full story)
Holiday Consumption Patterns in Three Cities
A mainland institution recently conducted a consumer survey in the three cities of Beijing, Shanghai and Guangzhou comparing their consumption patterns ... (full story)

 2008 Olympics
Olympics Infrastructure Construction in Full Swing
Altogether 44 domestic and international design companies have joined the competition for the conceptual design of the National Stadium ... (full story)

 Human Resources
Overtime Pay For Guangzhou Workers
Guangzhou's Labour and Social Security Bureau has issued a circular on the base for calculating enterprise workers' overtime pay ... (full story)

 Business Opportunities
IT Training and Certification in Beijing
China's steady economic development in 2002 has fueled a keen demand for IT professionals. IT training suddenly becomes something hot in Beijing ... (full story)
Popular IT Technologies and Products in 2003
According to industry sources, the following technologies and products will be sought after in the IT market in 2003 ... (full story)

 Key to Economy and Trade
Comparative Advantages of YRD and PRD
Following Shanghai's successful bid to host the World Expo, more and more people are drawing comparisons between the Pearl River Delta (PRD) and the Yangtze River Delta (YRD) ... (full story)