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 Toy Enterprises Face Challenge from Stricter Export Control
According to TDC's Hangzhou Office, the Yiwu entry-exit inspection and quarantine bureau has stopped inspecting the products ... (full story)

 Hong Kong Investment in Sichuan Shifts Weight to Service Sectors
Sichuan's department of commerce and the Hong Kong Economic and Trade Office in Chengdu have jointly published the results ... (full story)

 China to Phase Out "National II Standard" Light Vehicles
In line with the regulations of the State Environmental Protection Administration (SEPA), China will stop the sale and registration of light vehicles that barely meet the emission limits ... (full story)

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Issue 08, 2007 (01 August)
 Leader
New Measures on Processing Trade under Restricted Category Take Effect in August
Under Announcement No.44 jointly issued by the Ministry of Commerce (MOFCOM) and General Administration of Customs (GAC) ... (full story)
Administrative Measures for Deep Processing Transfer of Restricted Products
The new Catalogue of Products under the Restricted Category in Processing Trade announced on 23 July 2007 consists of 1,853 newly added restricted export items ... (full story)

 Policy and Law
Enterprises Failing to Meet Eco Standards Will be Refused Registration
The State Administration for Industry and Commerce (SAIC) posted a set of opinions on its website on 30 July 2007 on improving and strengthening enterprise registration management ... (full story)
Sale of Small Workshop Food Products Banned in Supermarkets
The Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) recently announced a set of opinions on strengthening supervision over food products made by small workshops ... (full story)

 Local Policy
Shenzhen Raises Tax to Curb Soaring Property Price
Hong Kong people with property investment in Shenzhen should take note, the Shenzhen local taxation bureau will be introducing a series of tax policies to curb rising property price in September ... (full story)
Shanghai Imposes Land Tax on Second-Hand Property Transactions
Shanghai has started levying land appreciation tax on the sale of second-hand non-ordinary housing within five years of purchase to curb property speculation ... (full story)

 Industrial Policy
Inspection and Quarantine Labels Mandatory for Export Food
With effect from 1 September 2007, all export food that has passed inspection by China's entry-exit inspection and quarantine authorities must bear inspection and quarantine labels ... (full story)
Four Industries to Eliminate Backward Facilities
Less than one month after the papermaking, alcohol, MSG and citric acid industries were listed by the state as major industries required to eliminate their backward technologies ... (full story)

 Services Sector
More Hong Kong Films Enter Guangdong Quota Free
The PRD Cities Film Development Work Meeting took place in Dongguan on 27 July. According to the Guangdong Culture Department ... (full story)

 2008 Olympics
No Reimbursement for Olympics Tickets
Admission tickets to the Olympic Games may not be used as proof for financial reimbursement. Invoices for ticket sales will be issued under two items, "specific customers" and "public customers" ... (full story)

 Market Development
Large Enterprises Expand into Rural Market
At the Third Multinational Retail Groups Purchasing Conference & First National Farm Produce Conference in Nanjing, a number of well-known international and domestic enterprises ... (full story)

 Human Resources
Construction and Catering Industries Failing to Sign Labour Contract Required to Pay Double Wages
The labour contract law will be officially implemented on 1 January 2008. Hong Kong businesses should take note ... (full story)
Shanghai Implements Regulations Against Enterprises Withholding Wages
Beginning 1 October, Shanghai will implement several regulations on the collection and disbursement of retrospective wages guarantee deposit for Shanghai enterprises ... (full story)

 Key to Economy and Trade
Major Top-Level Personnel Changes in the Financial Sector
The State Council has recently appointed Zhang Hongli, assistant minister of finance, to vice minister of finance, and Yang Mingsheng, former president of the Agricultural Bank of China (ABC) ... (full story)