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Issue 06, 2005 (01 June)
 Inside Pan-PRD
Broadening the Scope of Cooperation in Pan-PRD Infrastructure Sector
Following the signing of the "9+2" Pan-PRD Regional Cooperation Framework Agreement in June 2004, the provinces and regions concerned have identified infrastructure development as a priority sector for cooperation ... (full story)
 Leader
Private Business Travellers Likely to Get Visa-Free Access to APEC Economies
Qualified private enterprises will benefit from the new APEC Business Travel Card (ABTC) scheme drawn up by China's Ministry of Foreign Affairs ... (full story)

 Policy and Law
Proposal on Granting Tax Concessions to Enterprises
According to the Department of Science and Technology under the Ministry of Commerce (MOFCOM), foreign enterprises applying for income tax concessions for technology imports ... (full story)
Measures for Administration of Export Tax Rebate
(Exemption)
The State Administration of Taxation has recently promulgated the Measures for the Administration of Export Tax Rebate (Exemption) (Trial Implementation) ... (full story)

 Local Policy
Haikou: Idle Land to be Subject to Special Fee
According to the Provisions on Disposal of Idle Land in Haikou which took effect on 1 May, a charge equivalent to 10-20% of the actual or assessed land use right assignment fee ... (full story)
Tianjin Lures Foreign-funded R&D Centres
The Tianjin government has decided to introduce measures on encouraging foreign investment in the city's hi-tech industries and commercialisation of hi-tech achievements ... (full story)

 Industrial Policy
17% Export Rebate Likely to Be Reinstated for Information Products
The Ministry of Commerce has recently published the 2004 Report on the Implementation of the Strategy of Invigorating Trade Through Science and Technology ... (full story)
SFDA to Tighten Inspection of Packaging Labels of Medical Devices
The State Food and Drug Administration (SFDA) has decided to conduct a special inspection of the manuals, labels and packaging of medical devices across the nation ... (full story)

 Emerging Opportunities
ID Card Renewal Exercise to Generate Enormous Opportunities
The launch of the second-generation resident identity card renewal exercise in Hunan province in early May is set to generate enormous business opportunities ... (full story)

 Services Sector
Services Become Bright Spot of Guangdong-Hong Kong Cooperation
In 2004, more than 5,000 Hong Kong- and Macau-invested enterprises were newly established in Guangdong. Cooperation in the Greater-PRD services sectors such as logistics ... (full story)
Administrative Protection for Internet Copyright Effective on 30 May
The Measures on the Administrative Protection of Internet Copyright jointly promulgated by the State Copyright Bureau and the Ministry of Information Industry took effect on 30 May ... (full story)

 Key to Economy and Trade
Late Filing of Corporate Tax Return Liable for Fine
As part of a new round of efforts to combat tax evasion, late filing of corporate tax return will be subject to penalty ... (full story)