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Issue 08, 2005 (01 August)
 Inside Pan-PRD
Hong Kong Legal Practitioners Expand into Pan-PRD Market
Following the easing of access to the mainland market under CEPA, Hong Kong's legal profession can expect a fresh round of opportunities in Pan-PRD under the latest regional cooperation initiative ... (full story)
 Leader
Direct Sales Regulations to be Fully Implemented on 1 September
According to reports, the new regulations on direct sales to be introduced on 1 September will govern five types of products and cap the commission rate of direct sales at 30% ... (full story)

 Policy and Law
Guangdong Introduces Five Measures to Boost Exports of Mainland Enterprises
The growth of exports by private enterprises has outstripped that by state-owned and foreign-invested enterprises. In Guangdong, 31,475 private enterprises have been granted import-export rights ... (full story)
Guangdong Earmarks Rmb 100 Million for Technology Upgrade Projects
According to the technology section of the Shenzhen trade and industry bureau, Rmb100 million has been earmarked by Guangdong's economic and trade committee ... (full story)

 Local Policy
Yunnan Encourages Enterprises to "Go Out"
The finance department, state taxation bureau and local taxation bureau of Yunnan province have recently announced new fiscal measures encouraging and supporting local enterprises to "go out" ... (full story)
Fujian Allows Majority Foreign Ownership in Railways and Expressways
The government of Fujian province recently published a notice on making better use of foreign capital. According to this notice, Fujian will give priority to major foreign-invested projects ... (full story)

 Industrial Policy
Measures for Secondhand Car Distribution to Come Out This Year
The long-awaited Measures for the Administration of Distribution of Secondhand Cars will come out this year. While the specific timing of its promulgation is not yet certain ... (full story)

 Emerging Opportunities
Zhejiang Optimistic about Guangxi's Waste Collection and Processing Industry
As development of a recycling economy and establishment of a resource-saving society have become increasingly important, the recovery of waste ... (full story)

 Services Sector
World Expo Offers 10 Key Business Opportunities for Service Sector
At the recent World Service Trade Forum, the person-in-charge of Shanghai World Expo (Group) Co Ltd, referring to the strategic objectives of Shanghai's Implementation Outline ... (full story)
Guangzhou Urban Freight Marts to be Relocated Within 3 Years
According to Ye Bo, deputy director of the Guangzhou Transportation Committee, the city government has decided to close or relocate the freight marts in the central and buffer districts ... (full story)

 Human Resources
Shanghai Raises Minimum Wage
Shanghai's labour and social security bureau recently announced its new minimum wage standards effective from 1 July. In this wage readjustment ... (full story)

 Key to Economy and Trade
State and Private Enterprises Enter Integration Era
Following the release of the first Report on the Development of China's Private Economy in 2004, the All-China Federation of Industry and Commerce has recently released several related reports ... (full story)
PBOC on Reform to Improve the RMB Exchange Rate Regime
The People's Bank of China (PBOC) announced that starting 21 July 2005, China would implement a regulated, managed floating exchange rate system ... (full story)