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 What's New

 China to Implement Compulsory Certification for Six Types of Toys
China has recently published the Catalogue for Compulsory Product Certification for Toys and the first batch of toy products requiring compulsory certification ... (full story)

 China Tightens Control over Pollution Caused by Electronic Information Products
The Ministry of Information Industry has recently announced its Administrative Measures for the Control of Pollution ... (full story)

 Scope of Consolidated Enterprise Income Tax Defined
The State Administration of Taxation (SAT) has recently issued a circular defining the scope of consolidated enterprise income tax in a bid to improve ... (full story)

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Issue 01, 2006 (01 January)
 Inside Pan-PRD
Hong Kong Companies Well Poised to Tap into Cultural and Creative Industries Markets
Creative industries bring together cultural and artistic creativity and goods production. They cover a wide array of sectors including performing arts, film and television ... (full story)
 Leader
Shenzhen and Hong Kong to Jointly Develop Comics and Games Industry
According to Chen Wei, director of the Shenzhen municipal cultural bureau, the government will support expediting the development of the comics and games industry ... (full story)

 Policy and Law
Venture Capital Firms May Raise Funds Privately
The National Development and Reform Commission has in conjunction with nine other government ministries and commissions formulated the Provisional Measures for the Administration of Venture Capital Enterprises ... (full story)
Food Safety and Curbs on Pyramid Sales Top Priorities in 2006
The key tasks of industry and commerce administrations in rectifying and standardising market order in 2006 include ensuring food safety ... (full story)

 Local Policy
Zhongshan Supports Software Industry
The Zhongshan municipal government has recently set up a software development fund to support the development of the software and integrated circuits industries ... (full story)
Shanghai to Conserve Industrial Land in the 11th Five-Year Plan
According to the 11th Five-Year Plan, Shanghai will implement measures to conserve industrial land, consolidate 20 sq km of industrial land plots and phase out 3,000 to 4,000 enterprises ... (full story)

 Industrial Policy
Guangdong to Eliminate High Energy-Consuming Technologies and Equipment
With the coming into effect of two EU directives on environmental protection, Chinese electronic and electrical products entering the EU market after 1 July 2006 ... (full story)
Measures for the Administration of Imported Medicinal Herbs
In a bid to strengthen the control and administration of imported medicinal herbs and ensure their quality, the State Food and Drug Administration (SFDA) has recently promulgated a set of measures ... (full story)

 Emerging Opportunities
Rising Gold Price Fuels Sales of Gold Products
Demand for gold products has rocketed in recent weeks on the mainland, according TDC's Beijing office. All kinds of gold products are selling hot. Gold bars, gold coins ... (full story)

 Services Sector
SAIC Announces Regulations on Marked Prices of Advertising Services
The State Administration for Industry and Commerce recently promulgated the Regulations on Marked Prices of Advertising Services, which took effect on 1 January 2006 ... (full story)
Types of Property Insurance Products Requiring Administrative Approval Reduced to Four in 2006
According to a China Insurance Regulatory Commission (CIRC) official, with the adoption of the Measures for the Administration of Insurance Clauses and Premiums of Property Insurance Companies by CIRC ... (full story)

 Human Resources
Hong Kong People Can Buy Three Types of Social Insurance in Shenzhen
In December 2005, the labour and social security bureau of Shenzhen started accepting old-age insurance, medical insurance and labour insurance from non-resident Hong Kong ... (full story)

 Key to Economy and Trade
MOFCOM to Define Retailer and Supplier Responsibilities and Rights
The Ministry of Commerce (MOFCOM) has finished drafting the Measures on the Administration of Sales Promotion Activities of Retailers and Measures on the Administration of Transactions ... (full story)
Guangzhou to Develop Headquarters Economy and Financial Sector
Guangzhou, as the economic and trade centre of the PRD and of south China at large, realised a GDP of Rmb411.58 billion in 2004, an increase of 15% over the previous year ... (full story)