More than 1.5 million college graduates have applied to pursue an advanced degree this year, 100,000 more than last year. Applicants for eight universities, including Peking University and Renmin University in Beijing, have exceeded 10,000.
In the morning of November 29, three men in Harbin City in Heilongjiang Province attempted suicide by self-immolation to protest government appropriation of their houses. The local police accused the men of threatening public security and engaging in anti
The State Council has revised the Administrative Punishment for Illegal Pricing. Based on the revised version, agencies and individuals that contact each other to hoard commodities and knowingly spread false information about market prices will be severel
By the end of 2015, Chinese patients will be required to pay no more than 30 percent of their actual medical expenses. The central government plans to reduce the ratio of medical expenses paid by individual patients during the period of the 12th Five-Year
The amended version of the State Compensation Law will be effective starting December 1. According to Jiang Mingan, a law professor from Peking University, the new version will improve the compensation process, raise compensation standards, and provide co
Guangdong, Jiangsu, Henan and other provinces that had originally planned to raise the local price of natural gas have suspended their plans due to the National Development and Reform Commission's determination to curb inflation. Additionally, the Price B
Starting next year, Hainan Province will implement a visa-free policy and offer tax rebates to tourists from 26 selected countries, according to Chen Cheng, deputy governor of the province. He did not mention the specific countries that will be covered by
According to statistics from the central bank, China's funds outstanding for foreign exchange surged to 519 billion yuan in October, the highest in 30 months. This also indicates that the volume of hot money in October was 2.4 times that of September.
The National Development and Reform Commission (NDRC) yesterday issued an announcement requiring all levels of governments to be prudent when considering adjustments to the price of water, electricity, oil and natural gas. The NDRC also required pricing d
Every winter, the north-western province of Shanxi is hit by power shortages, but this year the shortages are expected to be especially severe with estimates predicting that around one fourth of the power demands of the province will not be met. Acoording
The General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) yesterday released a draft notice of "Prevention and Management of AIDS at Border Ports (Revised)" which proposes doing away with the current policy of requiring all Chin
Yesterday China's central bank released its third quarter report on China's payments system. The report noted that credit issued on domestic credit cards and the amount of total loans payable on credit cards had both increased dramatically during the thir
China Petroleum & Chemical Corporation (Sinopec) will severely punish two of its local subsidiaries for breaking the country's refined oil pricing regulations and selling diesel at excessively high prices, according to Huang Wensheng, a spokesman for the
Yesterday, the State Council officially published several suggestions (dated November 21) outlining central government's approach to improving public access to affordable preschool education. The notice defined pre-school education as a form of "public-we
According to a report in the Legal Daily, after draft regulations related to the compensation for the destruction of property built on state-owned land were released for public comment in January this year, a new draft of the regualtions has now emerged.
The State-owned Asset Supervision and Administration Commission (SASAC) released a notice on its website yesterday (though the document says the notice was released on October 11) announcing a pilot program that will offer bonus incentives to staff at 13
The Hong Kong Stock Exchange will extend trading hours in order to synchronise trading with that on the mainland's A-share market, the board's chairman Ronald Arculli announced on November 22. As of March 7, 2011, trading will begin at 9am, an hour earlie
At a press conference organized by the Shanghai Municipal People's Government devoted to discussing the deadly November 15 fire, the mayor of Shanghai's Jing'an district Zhang Renliang announced that each victim of the fire will receive about 960,000 yuan
