Russia’s Vladivostok to Boom as China Cuts Mineral Exports
China gets sidelined as global trade routes re-open further north Op-Ed Commentary: Chris Devonshire-Ellis May 24 – The Far Eastern Russian city of Vladivostok is set to experience a boom as concerns over China’s aggressive slashing of mineral exports dictate the need for new supplies. Circumnavigating the need to export vital commodities either through or […]
Beijing Announces Wage Bases for 2011 Social Security Payments
Based on Beijing’s average annual wage level RMB50,415 in 2010, Beijing Municipal Bureau of Human Resources and Social Security announced the wage bases for distinct employees’ social security payment in 2011.
Beijing Government Issues Circular on Collection of Union Fees
The General Office of the People’s Government of Beijing Municipality has issued the “Circular on the Commencement of the Pilot Work with regard to the Collection of Union Contributions and Preparation Fees by the Beijing Local Tax Bureau (Jingzhengbanhan [2010] No. 34).”
China Law Deskbook – New Monthly Updates
Feb. 28 – The China Law Deskbook is published by the American Bar Association, and written by James Zimmerman, managing partner in Beijing with Squire Sanders Dempsey. It is the definitive bible on China law and should be on every in-house legal counsel desk concerned with business in China. The book is now being augmented […]
Dalian Sees Outsourcing Industry Boom
Feb. 28 – As one of China’s “21 outsourcing model cities,” Dalian’s software and service industry reported total sales revenues of US$8.1 billion and export revenues of US$1.8 billion last year, a respective 33.75 percent and 28.6 percent increase from a year earlier. The industry is also providing over 100,000 jobs in the northeastern Chinese […]
China Allows Zhongguancun High-tech Enterprises to Take Enhanced Deductions for R&D Expenses
Jan. 17 – In order to promote the construction of the Zhongguancun National Innovation Demonstration Zone (NIDZ), a major technology hub in Beijing known as “China’s Silicon Valley,” China has issued pilot policies that allow high-and-new-technology enterprises (HNTEs) located in the zone to take an enhanced deduction for research and development (R&D) costs.
Beijing to Get Third Commercial Airport by 2015
Jan. 11 – As China Briefing revealed back in June last year, Beijing is to have a third airport built at Daxing, to the south of the capital. The plan has been approved by the Central Government and is to be included as a key project in the forthcoming Five-Year-Plan due for release in March. […]
Complimentary Reports Available from China Briefing
Dec. 24 – Over the past year we’ve released a number of complimentary reports. As its the festive season and we know our readers have been very good this year, we provide a one stop shop to each of them, complete with complimentary downloads just in case you missed them the first time around. They […]