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 China Suspends "Actual Payment" of Processing Trade Customs Duty Deposit and Further Raises VAT Rebate Rates
To alleviate the credit crunch of processing trade enterprises and proactively counter the impact of the financial crisis ... (full story)

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Issue 10, 2008 (01 October)
 Leader
New Rules in Food Labelling
To address the recent issue on food safety, the General Administration of Quality Supervision, Inspection and Quarantine has formulated the Regulations for the Administration of Food Labelling ... (full story)

 Policy and Law
Scale of VAT Reduction May Exceed Rmb100 Billion
A plan for the full-scale transformation of value-added tax (VAT) drafted by the Ministry of Finance (MOF) has been submitted to the State Council for approval ... (full story)
Offshore Online Forex Margin Trading Not Protected by Law
Recently, some foreign dealers have been soliciting financial investments on the mainland via the Internet, with not a few Hong Kong companies investing in the mainland participating in such activity ... (full story)

 Local Policy
New Shenzhen-Hong Kong Boundary Control Point
After the establishment of several Shenzhen-Hong Kong cross-boundary control points such as Huanggang, Man Kam To, Sha Tau Kok, Shenzhen Bay and Futian, a new control point ... (full story)
Shenzhen All Out to Build Regional Jewellery Brands
Shenzhen is an industrial clustering base built on nine pillar industries, namely machinery, garment, watch and clock, furniture, gold and jewellery, textiles, auto electronics, household appliances, and bicycles ... (full story)

 Industrial Policy
Energy Efficiency Labelling System Covers Eight More Categories Next Year
The implementing rules for energy efficiency labelling for eight categories of products drafted under the auspices of the China Energy Label Centre of the China National Institute of Standardisation ... (full story)
Central Bank Considers New Policies to Aid Textile Industry
After raising the rate of VAT rebate on the export of textiles and garments recently, the Chinese government is considering taking credit, fiscal and taxation policies and measures to aid small and medium-sized enterprises ... (full story)

 Emerging Opportunities
Shenzhen's Longgang Plans Ski Resort Using LNG Cryogenic Energy
Building a ski resort in subtropical Shenzhen seems to be an impossible dream, but this dream may come true in the next few years. Shenzhen's Longgang district plans to use cryogenic energy ... (full story)

 Human Resources
Shenzhen Approves Regulations on Harmonious Labour Relations
The Regulations for the Promotion of Harmonious Labour Relations in the Shenzhen Special Economic Zone (SEZ), as China's first local legislation for the improvement of labour relations ... (full story)
Hebei's Policy for Dovetailing New and Old Work Injury Compensation Schemes
The labour and social security department of Hebei recently published a circular on the dovetailing of work injury insurance and basic old-age pension. The end of September 1998 is taken as the dividing line ... (full story)

 Key to Economy and Trade
Launch of Wage Increase Mechanism to be Deferred
It has been some time since the Suggestions Regarding the Establishment of a Mechanism of Regular Wage Increase for Enterprise Employees ... (full story)