Headline Scanner

REAL ESTATE

Housing Price Viewed as Unacceptably High

Over sixty percent of urban residents consider present housing price as "unacceptably high", but are still "willing to buy", a survey conducted by the People's Bank of China revealed.

People's Daily | 2009-09-25

EXECUTIVE PAY

Salary of Managers in State-owned Enterprises Limited to 20 Times that of Ordina...

The basic salary of managers in state-owned enterprises will be restricted to no more than 5 times that of the average salary of ordinary workers, and any bonus or performance-based salary will have to be within 15 times of the average performance-related wage of ordinary employees.

Economic Observer | 2009-09-25

MONETARY POLICY

Majority of Bankers Expect "Moderate" Monetary Policy in Third Quarter

Results of a survey conducted by the People's Bank of China revealed that nearly 56% of bankers across the country are expecting "moderate" monetary policy in the third quarter, up 8.3 perentage points from the results of the survey conducted in the second quarter. The amounts of new loans released in July and August were 355.9 billion and 410.4 billion yuan respectively, much less than the averag...

Caijing | 2009-09-25

MILITARY

A "Made in China" Military Parade

According to Gao Jianguo, spokesman of China's National Day Military Parade Joint Command, all the military equipment that will be displayed in the upcoming celebration of the 60th anniversary of the founding of the PRC, are "made in China" and 90% of them will be on display for the first time.

People's Daily Online | 2009-09-24

HEALTH

Beijing to Crack Down on Smoking in Public Places

Over the few months that remain of 2009, Beijing municipal government plans to increase its efforts to crack down on smoking in restaurants, cybercafes and other public places.

Beijing Times | 2009-09-24

ENVIRONMENT

NDRC Proposes Carbon Tax

The latest research report to emerge from the Energy Research Institute, a National Development and Reform Commission sponsored think tank, proposes that China should impose a tax on carbon dioxide emissions.

21st Century Business Herald | 2009-09-24

ADVERTISING

SARFT Rules Direct Sales Programs to be Treated as Ads

The State Administration of Radio Film and Television (SARFT) released an announcement stating that as of Jan 1, 2010, all direct sales programs will be treated as advertisements. As such, news and international channels will be prohibited from broadcasting such programs and satellite TV will not be allowed to program this kind of content between 6pm and midnight.

Southern Daily | 2009-09-24