Government Updates
NDRC, MOC: Order No. 4
The Catalogue of Priority Industries for Foreign Investment in the Center-Western Regions (Revised 2008) has been approved by the State Council and shall be implemented from 1 January, 2009.
Read moreLAOSC: Notice of Releasing Exposure Drafts Suggestions of the Social Insurance Law of the People’s
LAOSC: Notice of Releasing Exposure Drafts Suggestions of the Social Insurance Law of the People’s Republic of China
Read moreInsurance chief removed for bribery
The head of the China Export and Credit Insurance Corporation, the country’s only policy-oriented export credit insurer, h as been removed from his post and kicked out of the Party over allegations of accepting bribes and causing a $245-million loss to State banks.
Read moreNational plan for coal reserve bases soon
The State Council is drafting a national plan for coal reserve bases to build up a national coal reserve mechanism.
Read moreChina steel imports hit 7-yr low in Dec.
China imported less than one million tonnes of steel products in December 2008, the lowest monthly figure in seven years as economic downturn sapped demands, according to data released by the General Administration of Customs on Saturday.
Read moreChina starts construction of second West-East gas pipeline eastern segment
China started construction of the eastern segment of the country's second West-East natural gas pipeline in Shenzhen City, Guangdong Province on Saturday.
Read moreChina to watch out for corruption in SOE stimulus projects
China's state assets watchdog will closely watch over projects implemented by state-owned enterprises (SOEs) in the country's massive stimulus package to prevent corruption, an official said here Sunday.
Read moreBeijing fights drought as wheat fears rise
China has resorted to artificial rainmaking and is diverting water from its two largest rivers to alleviate a drought the government is calling the worst in half a century.
Read moreRising unemployment a key challenge for China
Rising unemployment rather than economic slow down appears to be the biggest challenge for the Chinese economy this year, according to economists.
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