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Issue 03, 2004 (01 March)
 Inside PRD
CEPA Facilitates Repositioning of PRD Cities
Feeling the pinch of growing competition from cities in the Yangtze River Delta region, the Guangdong provincial government and various PRD cities began to review their development plan ... (full story)
 Inside YRD
Huge Demand for Medical Services in Yangtze River Delta
Since joining the World Trade Organisation (WTO), China is gradually opening its medical services market, which grosses Rmb480 billion a year and is growing at an annual rate of over 10% ... (full story)
 Leader
China to Open Trust and Securities to Foreign Investment
According to sources from the State Administration of Foreign Exchange, China's capital market has been flooded with hot money recently amounting to US$25 billion ... (full story)

 Policy and Law
Financial Reforms Focus on Banking, Exchange Rate and Credit
Financial reforms in China have reached a crucial stage. The central financial work meeting held recently has identified the priorities for 2004 as follows ... (full story)
Foreign-funded Investment Companies to Get Green Light
To attract more foreign investors to China and bring in advanced technology and management expertise from abroad, the Ministry of Commerce (MOFCOM) issued a circular ... (full story)

 Local Policy
Guangzhou and Panyu Authorised to Register FIEs
Guangzhou's industrial and commercial bureau and its sub-bureau at Panyu are among the first batch of local industrial and commercial administrations ... (full story)
Experts Predict Premium Office Market Boom in Shanghai in 2004-2005
At the recent World Top Architects Forum, experts expressed optimism in the prospects of Shanghai's property market and predicted an undersupply of premium office space in 2004 and 2005 ... (full story)

 Industrial Policy
Higher Cotton Price and Lower Export Rebate Rate Put Foreign-Invested SMEs under Pressure
Hong Kong companies engaged in the textiles and cotton industries in the mainland should take note that as the price of cotton went up and the export rebate rate came down ... (full story)
Bird Flu Stimulates Poultry and Livestock Vaccine Development
The outbreak of bird flu in Asia has pushed up medical technology stocks, unfolding promising prospects for the poultry and livestock vaccine market in the mainland ... (full story)

 Services Sector
CIRC Revises Regulations for Administration of Resident Offices of Foreign Insurance Companies in China
The China Insurance Regulatory Commission (CIRC) recently revised the Regulations on the Administration of Resident Representative Offices of Foreign-Invested Insurance Companies ... (full story)
Guangzhou Maritime Court Grants HK and Macau Enterprises National Treatment
Hong Kong and Macau enterprises involved in maritime and trade disputes in Guangzhou will be treated as national enterprises and take precedence in applying CEPA provisions ... (full story)

 Emerging Opportunities
Xian Consumer Goods Market Enjoyed Steady Growth in 2003
Xian's consumer goods market achieved steady growth in 2003. Despite the SARS outbreak, the consumer goods market expanded steadily ... (full story)

 Human Resources
Minimum Wage Takes Effect in March
The Ministry of Labour and Social Security recently issued the Regulations on Minimum Wages, which took effect on 1 March ... (full story)

 Key to Economy and Trade
Guangdong Supports Private Enterprises to Expand Outward
After introducing several preferential policies on supporting private enterprises, Guangdong province recently formulated the Implementing Measures for Supporting Outward-Looking Private Enterprises ... (full story)