New Rules to Entice Overseas Funds
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The upcoming new set of regulations for foreign investment through mergers and acquisitions, to be hammered out within the year, will trigger a new foreign investment boom, officials and industry experts say.
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More '.cn' to be Seen in Domain Name
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The number of Chinese-based domain names with the ".cn" suffix is expected to climb enormously in the near future after the Ministry of Information Technology eases its rules at the end of next month.
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Quota for Imported Cars up 15 Percent
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China has increased its 2003 import quota for cars, motorcycles and their key parts by 15 percent to US$9.125 billion. As a commitment of its WTO entry, China will keep increasing the quotas by 15 percent annually. And by the year 2005, the import quota license will be canceled. |
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Corporate Registration Made Easier
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Registration of new ventures can be completed in 10 working days in Guangzhou, capital city of south China's Guangdong Province, from September 1. |
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Foreign Debt Rule to Benefit Enterprises
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The Chinese Government yesterday announced its first ever guidelines on foreign debt management by state-owned enterprises (SOE), encouraging them to trim their debt burdens while interest rates remain low. |
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