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New Rules to Entice Overseas Funds

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.

More '.cn' to be Seen in Domain Name

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.

Quota for Imported Cars up 15 Percent

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.

Areas Picked for Logistics Partnerships

Several Chinese provinces and cities have been chosen for joint-venture logistics pilot programs.

Hangzhou Reveals Six Preferential Policies on Industry

Hangzhou, the capital of Zhejiang Province, which has the goal of giving itself a strong industrial background, recently revealed six new policies on industrial development.

Consumer Law Enforcement Urged

Consumer rights advocates are calling for more judicial support to make the law protecting consumers more effective.

Corporate Registration Made Easier

Registration of new ventures can be completed in 10 working days in Guangzhou, capital city of south China's Guangdong Province, from September 1.

Foreign Debt Rule to Benefit Enterprises

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.