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Issue 02, 2005 (01 February)
 Inside Pan-PRD
New Opportunities for Hong Kong in Pan-PRD
Pan-PRD cooperation will further expand Hong Kong's economic hinterland and scope and give impetus to Hong Kong's economic recovery and long-term development ... (full story)
 Leader
Early Filing for 2004 Export Tax Rebate
(Exemption) Required
According to a circular issued by the State Administration of Taxation (SAT) on export tax rebate (exemption) for 2004, export enterprises must file applications for rebate (exemption) ... (full story)

 Policy and Law
Guangdong Acts to Keep Enterprise Charges Low
Guangdong's distinctive advantage in attracting foreign investment is diminishing as the competitive edge of other provinces grows ... (full story)
Scope of Consumption Tax Likely to Expand in 2005
According to Xie Xuren, director of the State Administration of Taxation (SAT), China has decided to adjust the scope and rate of consumption tax this year ... (full story)

 Local Policy
Beijing Bans Levy of Unreasonable Entry Fees by Retailers
The Beijing municipal government has recently implemented new rules to stop retailers such as shopping malls and supermarkets from charging suppliers ... (full story)
Problematic Wholesale Marts to Move out of Downtown Beijing
The Beijing commerce bureau will step up efforts to raise the overall level of commercial services in the city this year by capitalising on the hosting of the Olympic Games ... (full story)

 Industrial Policy
MOFCOM Announces Textile Export Duties Schedule
The Ministry of Commerce (MOFCOM) has recently announced the latest arrangement for the schedule of export duties levied on textile products in 2005 ... (full story)
Xian Strictly Enforces Food Market Access
According to the Xian quality supervision administration bureau, 10 food categories including dairy and meat products will be banned from sale on the Xian market ... (full story)

 Emerging Opportunities
National Treatment for Foreign Commercial Franchises
Under the Administrative Measures on Commercial Franchising Operations promulgated by the Ministry of Commerce on 30 December 2004 and effective on 1 February 2005 ... (full story)
Franchising of Public Facilities on Trial Implementation in Beijing
According to the Beijing development and reform committee, a franchising system will be implemented on trial basis this year for the first time ... (full story)

 Services Sector
Shanghai Hotels to Double Capacity in Preparation for World Expo Crowds
Shanghai's hotel industry will gear up for a large-scale capacity expansion before 2010 with the number of beds increasing from the current 270,000 ... (full story)
Chengdu Boosts Development of Chain Operation
Chengdu has recently implemented a policy on accelerating the development of chain operation. Under the policy, chain-operated enterprises in the food ... (full story)

 Market Development
Hong Kong Exhibition Organiser Opens in Chengdu
Following office openings in Beijing (late 2003) and Shanghai (mid-2004), Hong Kong's Kenfair International (Holdings) Ltd has formally set up its third mainland foothold in Chengdu ... (full story)

 Key to Economy and Trade
Various Economic and Financial Rules Took Effect on 1 January
Various laws, regulations and judicial interpretations relating to economics and finance promulgated by the People's Bank of China, China Securities Regulatory Commission ... (full story)