Policy Updates
- NDRC lifts freeze on product prices
NDRC on Monday removed price controls on a range of products introduced in January as an anti-inflationary measure.
- China reduces tax burden on firms
The State Council, in an executive meeting, passed revised regulations on VAT, consumption tax and business tax.
- Further rural reform and development
The Communist Party of China (CPC) Central Committee issued a landmark policy document on Sunday as a guideline to further rural reform and development.
- New traffic ban
Up to 800,000 cars were taken off Beijing roads on Monday as a new traffic restriction officially began.
- Car owners to customize their license plates
From October 1 car owners will be allowed to define their own license plate number, within the limits of the relevant rules.
- Authorities in new move to protect farmland
Developers who obtain arable land will have to reclaim an area of equal size to get approval for building on their acquisitions.
- Restrictions on illegally adopted children eased
A new policy guideline eases the law on most illegally adopted children in China.
- Shenzhen's new residence system help migrant workers
The lives of the 12 million migrant workers in the southern boomtown of Shenzhen look set for a major change starting Friday.
- Rules on foreign resident offices updated
An update to the longstanding administrative measures for resident offices of foreign firms was released on Friday for public review.
- China sets guidelines for central govt's administrative reform
China recently set a guideline for a new round of institutional reform of the State Council, in an effort to build up a service-oriented and clean government for the nation.
- Child fine system to be revised
The severity of fines for migrant people who violate the state family planning policy by having extra children will be based on the standard of their hometown instead of their current residence.
- Rebuilding rule focuses on public structures
A regulation on reconstruction in the areas damaged in the May 12 Wenchuan earthquake focuses on the quality of public buildings.
- Workers get rights to pay talks
New rules have been introduced to allow low-paid workers to discuss wage increases with their employers, the Shanghai labor department said yesterday.
- China to resist raising refined oil prices
The Chinese government has asked its refined oil sellers not to raise prices amid global oil price rises, in a bid to curb rising inflation pressure.
- Additional funds for research
The central government has set up a special fund for its 220 State key laboratories, in a move to boost research and development in the country.
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