Category: POLICY & REGULATION

Posted in POLICY & REGULATION

China to expand Qianhai economic zone by eight times after announcing a new cooperation zone for Macau

China said it plans to expand Shenzhen’s Qianhai economic zone by eight times, which many believe could benefit Hong Kong’s financial sector, one day after announcing a new cooperation zone for Macau with neighbouring Hengqin….

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Chinese’s support for private sector unchanged, said Vice Premier Liu He

China has stepped up efforts to reassure the market that the private sector has the unswerving support of the top leadership, after a regulatory crackdown has unnerved many entrepreneurs. “There are no changes in the…

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China to set up mainland’s third stock exchange in Beijing to serve innovative SMEs and expand capital market

Chinese President Xi Jinping has announced plans to set up a new stock exchange in the capital city of Beijing to serve innovative small companies, as the country’s latest move to expand the country’s capital…

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China adds 300 billion yuan relending to small companies, calls for local government bonds play more role in driving investment

China will step up relief measures for market players, especially small companies and individual businesses, and ensure cross-cyclical adjustments, Chinese Premier Li Keqiang said at a State Council meeting on Wednesday. The relending quota for…

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China to cap home rent growth in cities, eyes “notable improvement” in real estate market order in three years

China’s government plans to cap the growth of home rents in cities to rein in runaway housing costs and eyes “notable improvement” in real estate market order within three years, after years of crackdowns failed…

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Guangzhou, Shenzhen tighten grips on land auction, cap land price premium and limit home prices

The city of Guangzhou, capital of southern China’s Guangdong province, and the technology hub of Shenzhen tightened rules for land auctions, in the latest move to rein in surging land prices and curb speculation in…

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China limits gaming time for minors to only three hours a week to tackle gaming addiction

Chinese regulators on Monday further tightened rules on the gaming sector, limiting the gaming time for players aged under 18 to between 8pm and 9pm only on Fridays, Saturdays, Sundays and statutory holidays, marking the…

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Chinese cities tighten rules for land auctions to curb speculation, rein in rising land prices

Several Chinese cities including Guangzhou and Hangzhou have tightened rules for land auctions in a move to curb speculation and rein in rising land prices. China’s top cities early this year adopted a centralised land-sale…

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China pledges targeted measures to help exporters amid tight shipping capacity, soaring costs

Chinese authorities pledge to study targeted measures to help exporters cope with tight shipping capacity and rising logistics costs which are set to plague businesses into next year. The cost of container shipping rate from…

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Chinese local governments aim to increase advanced manufacturing’s share in economy in next five years

Several Chinese local governments have outlined their plans to develop high-end manufacturing sector and increase the manufacturing sector’s share in the economy in the next five years. Provinces of Guangdong, Zhejiang, Shandong, Zhejiang, Fujian and…