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 Guangdong Authorised to Approve Hong Kong and Macau-Invested Advertising Services Projects
Hong Kong and Macau advertising companies planning to set up business in Guangdong do not have to take their applications to Beijing in future. Guangdong is now the only province ... (full story)

 Hong Kong-invested Service Projects in Guangdong Buck Trend with Rise
Although the total number of newly approved Hong Kong-invested projects in Guangdong has fallen sharply under the weight of the global financial crisis in recent months, service projects are bucking ... (full story)

 Five Measures by Guangdong to Help Enterprises Expand Domestic Sales
In a move to help foreign trade enterprises overcome the difficulties encountered in capital, branding and sales channel, the Guangdong Department of Foreign Trade and Economic Cooperation lately issued a set of guiding opinions ... (full story)

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Issue 11, 2008 (01 November)
 Leader
China to Switch to Consumption-based VAT in 2009
Following the upward adjustment of export tax rebate for 3,486 labour-intensive, high technology content and high value-added products, the plan for the full-scale reform of value-added tax (VAT) ... (full story)

 Policy and Law
Growth of SME Loans Must Outpace Other Loans, Banks Told
Since the second half of 2008, the People's Bank of China has increased the strength and flexibility of macro control in response to the new developments and new changes in the economic climate ... (full story)
Entrepreneur Confidence Index Drops Markedly in Q3
According to figures released by the National Bureau of Statistics, China’s entrepreneur confidence index stood at 123.8 in the third quarter of this year, representing a drop of 11.0 points ... (full story)

 Local Policy
Pudong to Pilot Paperless Import Clearance
Shanghai Customs recently announced that Pudong will introduce paperless clearance for imports on a pilot basis by the end of this year ... (full story)
Zhongshan Lifts New Charges
According to the Zhongshan city government, the business performance of enterprises in Zhongshan has been declining in recent years. In a bid to stimulate business, the city decided to reduce fees and suspend new charges ... (full story)

 Industrial Policy
Textile Industry Relocates from Coastal to Central and Western Regions
Seen from the recent situation in the textile sector, the central and western regions have attracted a larger proportion of investment and recorded faster growth ... (full story)
Jilin FAW Wins First Bid for Aid Projects in Central America
Jilin First Automotive Works (FAW) recently beat SAIC, Chery, Geely, Brilliance and other leading domestic proprietary brands in an intense bidding to win the contract to supply 200 police vehicles ... (full story)

 Services Sector
Better Shopping Protection under Guangzhou's New Tourism Rules
The Tourism Regulations of Guangzhou recently passed by the city will come into effect on 1 December 2008. Under the new rules, industry players will face greater risks but the rights and interests of travel agents ... (full story)
Shanghai Department Stores Offer Personalised Customer Service
A new type of customer service, with "dedicated customer service managers" accompanying you all the way when you make purchases, informing you of new arrivals ... (full story)

 Emerging Opportunities
How SMEs Should Develop Proprietary Brands
From a major processing country, China has ushered in an era of creativity and brand vitality for its garment industry. Garment manufacturing must make the change from an export-oriented processing industry ... (full story)
"Revival of Classics" at Basement Supermarket
Hangzhou Department Store has recently set up a special department for local specialties and tourist products in the basement level of Block C (formerly called North Block) ... (full story)

 Human Resources
Guangzhou to Improve Relations between Migrant Workers and Employers
There has been an increase in the number of appeals for "reversal of verdicts" and labour disputes in Guangzhou after the Labour Contract Law went into force ... (full story)

 Key to Economy and Trade
Regulations on the Administration of Food and Cosmetics Labelling
The Regulations for the Administration of Food Labelling and Regulations for the Administration of Cosmetics Labelling promulgated by the General Administration of Quality Supervision ... (full story)