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Beijing Covered with Heavy Smog as National Day Holiday Ends

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During the last few days of the National Day holiday Beijing was covered with the heaviest smog in months as cold air pushed the smog southward going to central and in southern parts of North China, which prompted the Meteorological Center to issue smog warning in the region. The pollution reduced the visibility and caused [...]

Oct 8 2013, 8:21 am | Posted in Quality Control | Read More »

China to Strengthen Ties with Australia and New Zealand

During the Asia Pacific Economic Cooperation in Bali Indonesia, President Xi Jingping met with Australian Prime Minister Tony Abbot and New Zealand’s John Key separately to discuss and push bilateral ties, increase free trade negotiation and further cooperation. The three are major countries in the Asia Pacific Region and having close cooperation with them can [...]

Oct 7 2013, 10:28 am | Posted in Investment Relations | Read More »

President Jingping Proposes to Put up an Asian Investment Bank

President Xi Jingping vowed to put up an Asian investment bank that will assist and facilitate regional connectivity. He said that the bank will provide capital support to infrastructure construction in regional developing countries. This will be the first time that china propose this kind of investment bank that will aid regional connectivity. Xi said [...]

Oct 4 2013, 8:22 am | Posted in Investment Relations | Read More »

Free Trade Zone Releases List of Restricted Sectors

The Shanghai free trade zone officially opened last Sunday and have now published a list of sectors in which foreign investment will be restricted or banned in the zone. Which is in contrast to its departure from the usual practice no other permission is required in dealing or investing in other sectors found in the [...]

Oct 2 2013, 8:12 am | Posted in Investment Relations | Read More »

Regulatory Commission to Expand Consumer Financing Pilot Program to Ten More Cities

The banking regulator in the country will be expanding its consumer financing pilot program to ten more cities as they attempt to bring in more private capital in lending markets. Last week the China Banking Regulatory Commission stated that the expansion will meet the demand of lower and middle income consumers while boosting consumption in [...]

Oct 1 2013, 9:29 am | Posted in Investment Relations | Read More »

Wal-Mart Fullfills Promise Opens Four New Stores in China

Wal Mart will be opening four new stores in China as the company is fulfilling its pledge to boost their presence in booming and competitive market sector in China. Two stores will be located in Guangdong namely in Zhuahai and Huizhou, one in Yunnan and one in Fujian and are only a small segment in [...]

Sep 27 2013, 1:16 pm | Posted in Investment Relations | Read More »

Free Trade Zone in Shanghai to Launch this Sunday

The free trade zone in Shanghai will be officially launched this Sunday in what authorities say as a step forward in boosting reforms in the second largest economy of the world. Covering an area of 29 square kilometers in Pudong New Area, the zone is modeled on the existing free trade area in the country [...]

Sep 27 2013, 11:36 am | Posted in Import/Export | Read More »

Setting Up a Wholly Foreign-Owned Enterprise in China

Using China WFOEs in the Service and Manufacturing IndustriesSept. 11 – A wholly foreign-owned enterprise (WFOE) is a company established in China according to Chinese laws and wholly owned by one or more foreign investors. A WFOE is a limited liability company, meaning that the liability of the shareholders is limited to the assets they [...]

Sep 26 2013, 8:15 am | Posted in Investment Relations | Read More »

List Shows More Female Billionaires in 2013

Based on a list released by the Hurun Research Institute in Shanghai, 32 year old Yang Huiyan became the richest woman in China for 2013 amassing a fortune of more than 50 billion yuan. The report also showed that half of the world’s richest female entrepreneurs are from China. The Shanghai based magazine said that [...]

Sep 23 2013, 9:37 am | Posted in Finance | Read More »

Guangdong to Plan a Bigger Free Trade Zone

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The planned free trade zone that will cover Hong Kong, Macao and several parts of Guangdong will place it focus on services, finance and commerce. The remark was made by Guangdong Governor Zhu Xiaodan who led a delegation to a short visit to Hong Kong for the 16th meeting of the Hong Kong-Guangdong Cooperation Joint [...]

Sep 20 2013, 9:47 am | Posted in Investment Relations | Read More »

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