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 What's New

 Green Building Rating Standards to Take Effect on 1 June
The Green Building Rating Standards jointly promulgated by the Ministry of Construction and the General Administration of Quality Supervision, Inspection and Quarantine will take effect on 1 June 2006 ... (full story)

 New Rules on Seizure and Freezing of Money and Property Issued
The Supreme People's Procuratorate has recently issued a new set of regulations on the seizure and freezing of money and property, clearly spelling out the responsibility for ... (full story)

 China to Announce Six Measures to Tighten Imported Waste Management
According to Ge Zhirong, deputy director of the State Administration of Quality Supervision, Inspection and Quarantine, six measures will be adopted to improve supervision ... (full story)

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Issue 04, 2006 (01 April)
 Leader
Action Plan on IPR Protection Soon to be Launched
China's Action Plan on Intellectual Property Right (IPR) Protection 2006 will soon be launched. The move signifies China's efforts to step up IPR protection this year ... (full story)

 Policy and Law
Restructuring of Industries with Excess Capacity to be Expedited
According to sources at the National Development and Reform Commission (NDRC), the State Council has recently issued a circular on expediting the restructuring of industries with excess capacity ... (full story)
Nine Acts Deemed Malicious Evasion of Bank Debt
According to the Measures for the Administration of Name Lists of Clients Evading Debt Payments to Banks passed at the 5th general meeting of the China Banking Association (CBA) ... (full story)

 Local Policy
Exhibition Industry Included in Guangzhou's 11th Five-Year Programme
Guangzhou has included the development of the exhibition industry in its 11th Five-Year Programme for the service sector. The government will consolidate the city's exhibition resources ... (full story)
Xian Issues Commercial Services Catalogue
The Xian Commerce and Trade Bureau has recently drafted the 2006-07 Guiding Catalogue for the Development of Commercial Services in Xian. Under the catalogue, the development of 78 industries is encouraged ... (full story)

 Industrial Policy
China Sets Up Safety Information Database for 10 Industries
The Ministry of Commerce (MOFCOM) plans to expand the scope of its warning and monitoring mechanism on potential harm to the industrial sector in 2006. A comprehensive safety information database covering 10 industries and 400 products ... (full story)
Nationwide Network of Corporate Credit Information Commences in June
Su Ning, deputy governor of the People's Bank of China (PBOC), said that a nationwide network linking enterprises credit information databases in all commercial banks ... (full story)

 Emerging Opportunities
Outdoor Sports Balloon into Rmb1 Billion Business
Outdoor sports such as mountaineering, skiing, rock climbing and rafting are becoming increasingly popular in China, especially among well-educated young people ... (full story)
Guangdong Survey Shows Over 45% Urban Residents Willing to Spend More
The Guangdong Survey Team has recently carried out a follow-up survey on the income expectation and consumption intention of 830 urban households in 18 cities ... (full story)

 Market Development
Department Stores to be Classified into Three Grades
Like hotels, department stores in China will be classified into different grades. The three grades for department stores are Golden Tripod, Silver Tripod and Bronze Tripod ... (full story)

 Human Resources
Guangzhou to Make Medical Insurance for Migrant Workers Mandatory
The Guangzhou Social Security Fund Management Centre recently issued a reminder circular on participation in medical insurance, reminding all enterprises (including Hong Kong-funded enterprises) ... (full story)

 Key to Economy and Trade
New Regulations Give Shenzhen People Right to Participate in and Supervise Public Utilities Franchising
The government of Shenzhen has enacted a new set of regulations on the franchising of public utilities, which went into force with immediate effect. Under these regulations ... (full story)