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 Customs Stops Filing Processing Trade Contracts Under Prohibited Category
On 14 September, the Ministry of Finance, Ministry of Commerce, General Administration of Customs ... (full story)

 Category A Enterprises Not Affected by Processing Trade Policy Change
China plans to change its processing trade policy to expand the scope of industries ... (full story)

 R&D Expenses Now Tax Deductible in Zhejiang
Starting from 1 October, Zhejiang has implemented a set of measures for the administration of the fiscal and taxation policies ... (full story)

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Issue 09, 2006 (01 September)
 Leader
MOFCOM New Rule Bans Establishment of Two Supermarkets Within 2 Kilometres
The market system development department of MOFCOM has recently announced the Methods for Evaluating Damage to Retail Players aimed at preventing retail shops ... (full story)

 Policy and Law
Debate on Employee Claims and Secured Claims to End Soon
News from the meeting of the legal consultants' committee of the All-China Federation of Trade Unions (ACFTU) revealed that legislation on the Enterprise Bankruptcy Law ... (full story)
Electricity Bill Now Includes Renewable Energy Surcharge
As disclosed by an official from the State Development and Reform Commission (SDRC), the central government has started collecting a surcharge of Rmb0.001per kwh ... (full story)

 Local Policy
Shanghai to Stem 10 Types of Fraudulent and Illegal Ads
Under a rectification programme on advertisements on drugs, medical equipment and health supplements formulated jointly by the Shanghai industry and commerce bureau ... (full story)
Yunnan-India Highway Soon to Open
Costing Rmb370 million to build, the foundation work of the second grade highway between Tengchong in Yunnan and Myitkyina in Myanmar has been completed ... (full story)

 Industrial Policy
China Opens Door to Private Investment in Publishing Sector
The State Press and Publication Administration (SPPA) recently announced the Implementation Plan for Deepening Reforms in the Publishing and Distribution Sector ... (full story)
Private Enterprises Swarm into Wenzhou Logistics Sector
According to statistics from the Wenzhou industry and commerce administration, the number of newly established enterprises in logistics related sectors ... (full story)

 Services Sector
Changsha to Build Comics and Games Industry Base by 2010
An animation and comics park similar to Disneyland in the US will be erected soon in the Lugu district of Changsha's new- and high-tech development zone ... (full story)
Creative Industry Belt in Xian's High-Tech Development Zone
Xian will devote major efforts to developing high-end industries including R&D and design, digital entertainment and cultural arts in its new- and high-tech development zone ... (full story)

 Emerging Opportunities
Bright Prospects in Xiamen's "Silver-Hair Market"
Xiamen's "silver-hair market" is full of development potential. Statistics show that in 2005, there were 144,200 people aged 65 or above in Xiamen ... (full story)
Shenzhen Ranks Top in Golf Industry
As a pioneer in China's economic reforms, Shenzhen also ranks first among Chinese cities in the number of golf courses. Shenzhen presently has 13 golf courses ... (full story)

 Market Development
Shanghai Releases Business Costs for the First Time
The 2006 Shanghai Foreign Investment Environment White Paper was published recently by the Shanghai Foreign Economic and Trade Commission ... (full story)

 Key to Economy and Trade
Personal Income Tax Levied on Transfer of Secondhand Property
The Circular on Issues Concerning Personal Income Tax Levied on Income Gained from Transfer of Personal Property was issued recently by the State Administration of Taxation ... (full story)
New Rules on M&A by Foreign Investors
The Ministry of Commerce (MOFCOM) recently promulgated the draft Regulations on the Merger and Acquisition of Domestic Enterprises by Foreign Investors ... (full story)