Archive for March, 2007

UK drug company bullish in China (Shanghai Daily)

AstraZeneca Plc, the world’s seventh-largest drug maker, expects sales in China to grow more than 20 percent annually from this year through 2010, outperforming China’s market growth.
“Given our portfolio, we believe AstraZeneca’s growth in China should be faster than the country’s drug market growth in the next two to three years as what we have [...]

Chinese company gets 2 petroleum exploration licenses in Pakistan (Xinhua)

A Chinese oil company has been granted two petroleum exploration licenses from the Pakistani government in accordance with agreements signed here Thursday.
China Zhenhua Oil Co. Ltd. will invest more than 200 million U.S. dollars in both licenses including G&G studies, 2D seismic of 500 line kms, 3D seismic of 100 square kms and drilling of [...]

Ban on Foreign Cartoons A Test for Local Productions

According to the Circular of the State Administration of Radio, Film and Television on Further Regulating the Screening of Cartoons on Television, TV stations at all levels are prohibited from showing foreign cartoons, programmes introducing foreign cartoons or foreign cartoon columns on any channel during the 5-8 pm time slot. This circular has produced great [...]

Circular of the China Securities Regulatory Commission on Implementing the"Administrative Measures for Securities Investment in the Territory of Quali

Circular of the China Securities Regulatory Commission on Implementing the”Administrative Measures for Securities Investment in the Territory of Qualified Foreign Institutional Investors”
CSRC Document No.176, 2006
To: all overseas investors, custodial banks, securities companies, Shanghai Stock Exchange, Shenzhen Stock Exchange, and China Securities Depository and Clearing Co., Ltd.
Issues related to the implementation of the “Administrative Measures for [...]

Administrative Measures for Securities Investment in the Territory of Qualified Foreign Institutional Investors

Administrative Measures for Securities Investment in the Territory of Qualified Foreign Institutional Investors reviewed and adopted at the 170th Chairman’s Meeting of China Securities Regulatory Commission, 4th Governor’s Meeting of the People’s Bank of China, and the 5th Commissioner’s Meeting of the State Administration of Foreign Exchange, is now promulgated and shall enter into force [...]

Circular on Standardising Foreign Exchange Management on the Real Estate Market

China’s State Administration of Foreign Exchange and the Ministry of Construction have jointly issued the Circular on Standardising Foreign Exchange Management on the Real Estate Market for regulating foreign exchange management of overseas housing purchasers buying commodity housing in China.
Circular on Standardising Foreign Exchange Management on the Real Estate Market
In order to implement the Proposals [...]

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