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Issue 01, 2004 (01 January)
 Inside PRD
Joining Forces to Explore PRD Software Market
As one of the new and high-tech industries being encouraged by the mainland authorities, software development offers enormous untapped potential ... (full story)
 Leader
Grading System Mulled for Foreign Investment Administration
According to sources from the Ministry of Commerce (MOFCOM), China is considering introducing a grading system for the administration of foreign investment ... (full story)

 Policy and Law
New Tariffs Regulations Take Effect in January 2004
The newly revised Regulations of the People's Republic of China on Import and Export Tariffs released by the General Administration of Customs (GAC) went into force on 1 January 2004 ... (full story)
Cities to Submit Commercial Plan
To make sure city authorities submit their retail outlet distribution plan before the prescribed deadlines, the Ministry of Commerce (MOFCOM) recently announced that ... (full story)

 Local Policy
Guangzhou to Create Zero Tariff Hong Kong Merchandise Mart
Guangzhou is actively preparing to set up a zero tariff Hong Kong merchandise mart adopting a "Hong Kong + Guangzhou" management model ... (full story)
Investment Application Procedures Streamlined for Hong Kong Investors in Guangzhou
Chen Mingde, vice mayor of Guangzhou, said that Guangzhou would further simplify the approval processes for Hong Kong residents and enterprises investing in Guangzhou ... (full story)

 Industrial Policy
Jewellery Industry Seeks Consumption Tax Exemption
Starting from the first half of 2004, permanent residents of Hong Kong and Macau can freely register to operate jewellery business in Guangzhou ... (full story)
Import Control on Oil Products Removed
The Ministry of Commerce (MOFCOM) and General Administration of Customs (GAC) jointly announced that effective 1 January 2004 ... (full story)

 WTO Accession
Hollywood Giants Eye Guangzhou Audience
As Guangzhou was made one of seven pilot cities for joint-venture cinemas under the Interim Measures for Foreign-Invested Cinemas issued on 8 December 2003 ... (full story)

 Emerging Opportunities
Five High Growth Areas of IT Sector in 2004
Luo Wen, deputy director of the China Centre for Information Industry Development (CCID), predicts that auto electronics, electronic medical equipment ... (full story)
Cell Phones and Digital Cameras to Lead Consumer Demand in 2004
The Federation of Commerce published a report on China's consumer market in 2003 and forecast for 2004 at the end of 2003 ... (full story)

 2008 Olympics
Tax Reduction and Exemption for Olympic Donations
Donations of money and goods to 2008 Beijing Olympics and participation in the construction of Olympic venues will be eligible for tax concession ... (full story)

 Key to Economy and Trade
China's First Intelligent State Asset Management System
Real-time monitoring allows managers of state-owned enterprises (SOEs) to keep an eye on the outflow of funds, falsification of accounts and asset movements ... (full story)
State Council to Conduct First National Economic Survey in 2004
The State Council recently issued a circular announcing its decision to launch China's first national economic survey in 2004 ... (full story)