China’s government procurement system is going green. According to Zhao Yingmin, director of the science, technology and standards department under the State Environmental Protection Administration (SEPA), the central and provincial government departments will implement the new system on 1 January 2007, while full-scale implementation at all government levels will commence in 2008.
The Ministry of [...]
According to the Ministry of Labour and Social Security, as at the end of September, all 31 provinces, autonomous regions and municipalities across the country have announced their minimum monthly wage. Apart from Guangdong and Tibet, 29 provinces have also promulgated minimum hourly wage.
In accordance with the state regulation that minimum wages have to be [...]
Chapter I - General Principles
Article 1. This guideline is drafted in line with the provisions of the Law of the People’s Republic of China on Banking Regulation and the Commercial Bank Law of the People’s Republic of China to strengthen the administration over the conformity risks of commercial banks and protect the safe and [...]
Foreign investors are eyeing more opportunities as China’s demand for oil refining and petrochemicals increases.
According to a think-tank affiliated to China National Petroleum Corp (CNPC), China’s oil demand will hit 455 million tons while the country’s total refining capacity will surpass 400 million tons by the end of the 11th Five-Year Plan period, set from [...]
China will encourage foreigners to invest more in service sector and high-tech companies this year while strictly restricting overseas investment in real estate projects, according to guidelines on foreign investment recently issued by the Ministry of Commerce for 2007.
The administrative rules for the current year say local governments and related departments should pay more attention [...]
China will encourage foreigners to invest more in service sector and high-tech companies this year while strictly restricting overseas investment in real estate projects, according to guidelines on foreign investment recently issued by the Ministry of Commerce for 2007.
The administrative rules for the current year say local governments and related departments should pay more attention [...]
