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EARTHQUAKE

Shenzhen Struck by a 2.8-magnitude Earthquake

The China Earthquake Administration has confirmed that today at 14:42 a 2.8 magnitude earthquake struck Shenzhen. Areas surrounding Shenzhen including Guangzhou and Hong Kong also felt the quake. No damage has been reported.

Economic Observer Online | 2010-11-19

CRIME

Former Manager of China National Nuclear Corporation Sentenced to Life in Prison

Kang Rixin, former manager of the China National Nuclear Corporation, was handed a life sentence by Beijing's No. 1 Intermediate People's Court, on charges of accepting around 6.6 million yuan worth of bribes.

Xinhua News | 2010-11-19

CRIME

Supreme People's Procuratorate to Examine Suspended Prison Sentences

The Supreme People's Procuratorate has released a notice today requiring procuratorial agencies at upper and lower levels to review cases where criminals used their profession to commit a crime and reduce the number of temporary suspensions and imprisonment sentences.

Procuratorial Daily | 2010-11-19

LOCAL GOVERNMENT

Provincial Governments to Gain Limited Tax Management Rights in 12th Five-Year P...

Provincial governments will be given limited tax management rights and local governments will have access to increased tax revenue during the 12th Five-Year Plan period, according an article written by Xie Xuren, Minister of Finance, published in Qiushi magazine.

21st Century Business Herald | 2010-11-19

CRIME

Five Ministries to Tackle Insider Trading

Five ministerial agencies, including the Ministry of Public Security, the Ministry of Supervision, the State-owned Asset Supervision and Administration and the China Securities Regulatory Commission, will cooperate to crack down on insider trading. The ministries are promoting the pilot launch of a registration system for employees with inside information.

The Beijing News | 2010-11-19

FOREIGN ENTERPRISE

Xinhua Tells Foreign Enterprises to Stop Complaining

Foreign companies will soon be required to pay an urban maintenance tax and an additional education tax. Xinhua News Agency published an article advising foreign enterprises to stop complaining about the altered investment climate and focus on adapting to China's changing economic development model.

China News Service | 2010-11-19

CORRUPTION

Chongqing Mine Safety Official Sentenced to Life in Prison on Charges of Corrupt...

Wang Xiping, former deputy director of the Chongqing coal mine safety supervision bureau, was handed a life sentence by Chongqing's No. 5 Intermediate People's Court on Wednesday morning, on charges of accepting almost nine million yuan worth of bribes.

Chongqing Daily News Group | 2010-11-17