A reporter from the China Securities Journal has learned from an anonymous source that ministries are currently divided the draft of Development Guidelines of Energy-saving and Environmental-protection Sectors. This new guideline may be issued sometime af
According to a new interpretation released by the Supreme People’s Court, individuals who illegally collect public deposits totaling over 200,000 yuan will be subject to criminal prosecution. From 2005 to June, 2010, over 10,000 cases of illegal fund-rais
The central government has finished revising the Law for Seniors. The draft law requires family members of seniors citizens who live alone to frequently pay visits to their relatives. There are 167 million senior citizens in China, half of whom live separ
Based on calculations using statistics for 2010, China's first batch of rare earth export quotas in 2011 has dropped by half; though the entire annual export quota is still not fixed, an anonymous source told a reporter from the China Securities Journal.
The Ministry of Land Resources has released a list of 26 plots of land that have been kept idle during the past few years on its website. The plot of land which has remained idle for the longest time belongs to the Fujian Dongjia Development Corporation.
The Beijing government released a notice yesterday announcing the strengthening of late stage supervision for affordable housing. The Beijing government will require tenants who no longer meet qualifications for affordable housing to pay rent equal to tha
As of tomorrow, Chengdu City in Sichuan Province will replace all "registration forms of temporary residents" with the "registration forms of residents" and provide three million migrants with 12 social benefits which used to only be provided to local res
Four days after Qian Yunhui, head of the Zhaiqiao Village in Wenzhou City of Zhejiang Province, died, the local police station claimed his death was a traffic accident despite the rumor being spread across the internet that he was in fact murdered. It has
The General Administration of Quality Supervision, Inspection and Quarantine is collecting opinions on a notice which says that China will establish a recall mechanism for imported dairy products, requiring those importers to recall dairy products if they
The National Development and Reform Commission (NDRC) has predicted in a notice that travelers will take 2.8 billion train journeys during the coming Spring festival period, up 11.6% on the level of last year. The NDRC has required local governments and r
The central bank lifted the rates of relending and rediscounting for financial institutions yesterday, three days after it released its decision to increase the deposit interest rate, indicating the central bank's intention to tighten monetary policy.
As of 20:30 yesterday, family members of all the 14 victim students of the "12.27" traffic accident in Hengnan County, Hunan Province have signed compensation agreements. The six local officials who are responsible for this accident, including Wang Li the
China's centrally-owned enterprises (COEs) have gained a total profit of over one trillion yuan in 2010, creating a historical high that is up 25.3% on the level of 2009, according to Huang Shuhe, deputy director of the State-owned Asset Supervision and A
The central government has decided to cease the preferential tax policy for small engine vehicles at the end of 2010; as of January 1, 2011, buyers of cars with engines sizes of 1.6 liters or less will have to pay a vehicle purchase tax at a rate of 10% i
The Political Bureau of the CPC Central Committee held a meeting on December 28, during which it decided to strike a blow to "government coffers" by eliminating excessive forums, ceremonies and seminars, and by conducting a special campaign to solve the p
As of January 1, 2011, foreign travelers to Hainan Province who have made purchases above 800 yuan in designated tourist shops will receive a value added tax (VAT) rebate. So far, it's unclear when this policy will cover Chinese residents.
790 million Chinese residents have become employed at the end of this year; China's urban registered unemployment rate is within 4.3%, an official from the Ministry of Human Resources and Social Security said to a reporter from the Xinhua News Agency.
The central bank has conducted a survey which shows that 54.1% Beijing residents believe prices will increase in the next three months, which is 9.7 percentage points higher than those surveyed who predicted price increases last quarter. Additionally, the
The Chinese government has decided to hold the next year's meeting of the National People's Congress (NPC) on March 5th, 2011 and the Chinese People's Political Consultative Conference (CPPCC) on March 3rd.
