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Issue 07, 2003 (01 July)
 Inside PRD
Leasing Market has Good Prospect in PRD
Operational leasing is different from financial leasing in that it involves the medium to short-term leasing of commodities where the leasing company not only offers financing to the leasee ... (full story)
 Leader
Central Bank to Rein in Property Development and Housing Loan
In late June, the People's Bank of China (PBOC) issued a circular on further strengthening the administration of property-related financing ... (full story)

 Policy and Law
Shanghai Eases Forex Rules to Attract MNCs
The Shanghai Foreign Exchange Administration Bureau recently announced simplified procedures for non-trade forex sale, purchase and payment by regional headquarters of multinational companies (MNCs) ... (full story)
Hong Kong Travel Relaxed for Guangdong Residents
The eligibility criteria for Guangdong residents to travel to Hong Kong for business and family visit will be further relaxed, according to the Guangzhou Public Security Bureau ... (full story)

 Local Policy
Foreign Enterprises Setting Up HQs in Guangdong Entitled to Preferential Treatment
The Guangdong provincial government will soon introduce a set of procedures encouraging multi-national corporations (MNCs) to establish regional headquarters in Guangdong ... (full story)
Guangdong Lifts Restriction on Labour Recruitment
As SARS subsides, Guangdong's provincial labour and social security office has lifted the restriction on labour recruitment by enterprises ... (full story)

 Industrial Policy
Shenzhen Opens Exhibition and Cultural Sectors to Foreign Investment
In the 2003-2004 Guiding Catalogue of Industries for Foreign Investment recently published by Shenzhen, exhibition and cultural industries are added to the "encouraged" category for the first time ... (full story)
Wholly Foreign-owned Travel Agencies Allowed from July 2003
According to the Provisional Regulations on the Establishment of Travel Agencies Controlled or Wholly Owned by Foreign Entities jointly issued by the National Tourism Administration and the Ministry of Commerce ... (full story)

 Local Policy
Control Over Eyewear Quality Tightened
Over 300 million people in China wear spectacles, about 30% of the country's total population. Coupled with the trend of using sunglasses as fashion accessories and people's growing awareness for protecting their eyes ... (full story)
Guizhou Opens 13 Sectors to Foreign Investment
The Guiding Directory for Priority Industries for Foreign Investment in the Central and Western Regions jointly compiled by the former State Economic and Trade Commission ... (full story)

 Western Express
Guizhou Opens 13 Sectors to Foreign Investment
The Guiding Directory for Priority Industries for Foreign Investment in the Central and Western Regions jointly compiled by the former State Economic and Trade Commission ... (full story)

 Emerging Opportunities
Guangdong Gives Individuals Green Light to Invest in Pharmaceuticals Sector
Guangdong's provincial drug administration has just promulgated the Implementing Rules for Measures on the Supervision and Administration of Drug Production (Trial Implementation) ... (full story)
E-Government Generates Multi-Billion IT Sourcing Business
The Chinese government spent huge amounts of money hiring IT companies to construct an e-government several years ago, but they failed to do their job and information sharing between departments remains a sheer objective ... (full story)

 2008 Olympics
Chinese Enterprises May Participate in Beijing Olympics
BOCOG president Liu Qi has said on many occasions for the promotion of the "Olympic brand" that Chinese enterprises can invest and participate in the Beijing Olympics at three levels ... (full story)

 Human Resources
Beijing Allows Private Agencies to Host Job Fairs
Beijing is easing its market access requirements for employment agencies from 1 August this year. All public and private agencies will be allowed to host job fairs provided that they possess the necessary qualifications ... (full story)

 Key to Economy and Trade
International Sourcing Spells Infinite Opportunities for Chinese Products
Further market liberalisation has turned China into the world's largest manufacturing base for consumer goods. Chinese products are highly competitive in quality, variety and price ... (full story)