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Issue 10, 2005 (01 October)
 Inside Pan-PRD
Current Competition in Pan-PRD Retail Sector and Entry Strategy
With the lifting of geographic and quantitative restrictions on foreign participation in China's retail sector on 11 December 2004 ... (full story)
 Leader
SMEs May Obtain Bank Loan Without Collateral or Guarantee
To help ease the difficulty faced by small and medium-sized enterprises (SMEs) in seeking financing ... (full story)

 Policy and Law
New Rule on Individually-owned Businesses Not Reaching Tax Thresholds
Raising the thresholds of value-added tax (VAT) and business tax for individually-owned businesses is an important measure of the government to encourage ... (full story)
Individual Income Tax File System in Force
Starting from 1 October 2005, China has introduced income files for each taxpayer. Under the Measures for the Administration of Individual Income Tax ... (full story)

 Local Policy
Bonded Logistics Centre Opens in Suzhou
The General Administration of Customs has formally approved the establishment of a bonded logistics centre (type B) in the Suzhou New and High Technology Development Zone ... (full story)
Liaoning Allows Majority Foreign Ownership in SOEs
Liaoning province will lift the restriction on majority foreign ownership in large state-owned enterprises (SOEs). From the second half of this year onwards, all SOEs in Liaoning ... (full story)

 Industrial Policy
China Regulates Second-Hand Car Distribution
The Ministry of Commerce, Ministry of Public Security, State Administration of Industry and Commerce, and State Administration of Taxation jointly announced the Measures ... (full story)
Two Options for Separating Set-Top Box and Card
As disclosed by Zhang Subing, technical director with the China Monitoring Centre for Digital TV Standards, drafting of the standards for the separation of set-top box from smart card ... (full story)

 Services Sector
New Rules to Strengthen Control Over Direct Selling
The recently passed Regulations on the Administration of Direct Selling will take effect on 1 December 2005. The legislation aims to regulate direct selling ... (full story)
Anti-Money Laundering to be Extended to Securities and Insurance Next Year
The People's Bank of China (PBOC) will extend its anti-money laundering special inspection to the securities and insurance sectors and fully bring into play the role of financial institutions ... (full story)

 Human Resources
Chongqing to Recruit Civil Servants from Hong Kong and Macau
According to official sources in Chongqing, the municipal government has recently launched an exercise to recruit 100 civil servants, 100 managers and 100 professional ... (full story)

 Key to Economy and Trade
Amended Draft of Company Law Features 12 Major Changes
The standing committee of the National People's Congress (NPC) is reviewing the amended draft of the Company Law. It is understood that the present draft features 12 major amendments ... (full story)