Archive for May, 2007

Organic food sector reaches out to world with fair

BioFach China 2007, an international fair for organic food, will be held from May 31 to June 2 in Shanghai.
It’s being jointly sponsored by China Green Food Development Center and NurnbergMesse of Germany, and organised by China Organic Food Certification Center and NurnbergMesse China Co Ltd.
As the first Sino-foreign fair for organic food, the event [...]

Chinese entrepreneur buys into German airport

Pang Yuliang, an entrepreneur from central China’s Henan Province and chairman of the board of logistics company Linde Group, has entered the history books by becoming the first Chinese person to acquire the permanent operating rights to an airport in Europe.Pang’s Zhengzhou-based logistics company, Linde Group, whose English name is LinkGlobal Logistics Co., will acquire [...]

‘Economy not to decline after Olympics’

Beijing’s party chief said that the economy of the Chinese capital will not slow down after the 2008 Olympic Games as investment and consumption will continue to soar.
“There may be less construction in the downtown Beijing, but new construction will boom in satellite cities after the Games,” said Liu Qi, Secretary of the Beijing Municipal [...]

Shenzhen Issues China’s First Labourer Medical Insurance Regulations

The Interim Measures of Shenzhen on Medical Insurance for Labourers, the first of its kind in China, have just been released. The new rules stipulate that all labourers working in or having established labour relations with Shenzhen enterprises may take part in medical insurance. The standard charge is Rmb12 a month, with the employer contributing [...]

New Stock Exchange Rules to Take Effect in July

China’s newly promulgated Stock Exchange Trading Rules will take effect on 1 July this year. They are seen as measures to restore the real order of the market. First, they will further strengthen the regulatory function of the stock exchanges. Second, they have abolished certain legal restrictions, thus paving the way for future reform.
The new [...]

New Rules on Seizure and Freezing of Money and Property

The Supreme People’s Procuratorate has recently issued a new set of regulations on the seizure and freezing of money and property, clearly spelling out the responsibility for money and property seized or frozen. If procuratorial organs incorrectly discharge their duties or are seriously negligent, causing money and property to be wrongly seized or frozen, or [...]

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