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Issue 10, 2003 (01 October)
 Inside PRD
Investment Opportunities for Hong Kong in PRD Cultural Sector
According to China's official classification in 2002, the cultural sector comprises several major segments, namely publications, radio and TV broadcasting ... (full story)

 Leader
Rate of Export Tax Rebate to be Lowered by 3-4%
A Beijing source revealed that senior officials of different ministries under the State Council are moving closer in their view towards the phasing out of China's export tax rebate policy ... (full story)


 Policy and Law
Certification Off-limits to Foreign Companies
The State Council recently promulgated the Regulations on Certification and Accreditation, raising the minimum capital requirement on certification bodies to Rmb3 million ... (full story)

Hong Kong Fair Organisers May Host Exhibitions in the Mainland
Following the signing of CEPA, Hong Kong exhibition companies staging exhibitions in China will be able to enjoy greater flexibility in their business ... (full story)


 Local Policy
Shenzhen to Introduce Franchise Operation of Garbage Treatment
Shenzhen plans to introduce franchise operation for its domestic garbage treatment and is drafting relevant measures ... (full story)

Franchise Operation of Urban Infrastructure Projects in Beijing
The Beijing government ended its monopoly in running the city's urban infrastructure on 1 October and will allow private and foreign enterprises to operate public facilities under franchise ... (full story)


 Industrial Policy
Customs Opens Green Channel to Hi-Tech Enterprises
The General Administration of Customs (GAC) and Ministry of Commerce (MOFCOM) have jointly announced 10 expeditious customs clearance measures ... (full story)

Banks to Introduce Five-Tier Loan Classification System in 2004
Wholly state-owned commercial banks and joint-stock commercial banks will drop the existing four-tier loan classification system ... (full story)


 Services Sector
Guangdong Soon to Announce New Rules on Accounting Fees
Guangdong will announce new administrative measures on accounting fees and a revised fee schedule before the end of this year ... (full story)

More Opportunities for Foreign Professional Service Providers
According to a survey by MOFCOM, over 60% of Chinese enterprises are willing to seek advice from professional investment service providers before making investments ... (full story)


 WTO Accession
Foreign Participation in Publications Distribution
The new rules on the management of foreign-funded book, newspaper and magazine distributors by the State Press and Publications Administration (SPPA) ... (full story)


 Emerging Opportunities
KFC and McDonald's Rank Among China's Top 500 Caterers
According to data of the National Bureau of Statistics and the performance of China's top 500 caterers published by the China Hotel Association ... (full story)

Consumption Trends in Second Half of 2003
The Ministry of Commerce held its mid-year work conference not long ago. At the conference, vice minister Zhang Zhigang called for efforts to guide and expand domestic consumption ... (full story)


 2008 Olympics
Olympic Venue Construction to Cost US$2 Billion
Jiang Xiaoyu, vice president of the Beijing Organising Committee for the 2008 Olympic Games (BOCOG), disclosed at the round-table dialogue on financial and industrial opportunities ... (full story)


 Market Development
Differences Between High-Tech Enterprises and Advanced Technology Enterprises
According to TDC's Guangzhou Office, a certain chemicals production and marketing enterprise in Guangdong stands to lose more than Rmb20 million ... (full story)


 Key to Economy and Trade
Measures for Asset Verification of SOEs Announced
The State-Owned Assets Supervision and Administration Commission (SASAC) of the State Council recently announced measures for asset verification of state-owned enterprises (SOEs) ... (full story)