China Unveils Plans for Streamlined Government

China’s State Council has submitted widely-anticipated plans for the restructuring of several government agencies to the National People’s Congress. The seventh such initiative in the past 30 years, the new plan aims...

Parody: “Rising Gas Prices Gladly Welcomed by Consumers”

As China raised retail gas prices on April 7th for the second time this year, netizens mocked the NDRC (China’s National Development and Reform Commission) in this parody of an image from a CCTV broadcast. (Translated by...

Ian Johnson: China Extends Buy-Local Push

From the Wall Street Journal: Amid a series of trade disputes simmering in the background, China is pushing ahead with efforts to ensure that its gargantuan stimulus package benefits domestic companies. A recent directive issued...

China Looking at Boosting Private Role in Industry

AP reports: The government will “speed up research into encouraging private investment” in oil, power generation, telecommunications and other fields, the National Development and Reform Commission statement said....

China Expects to Fund 90 Pct of Renewables Target

From Reuters: China expected local capital to fund 90 percent of the infrastructure and other investment needed to meet its goal to get 15 percent of its energy from renewable sources by 2020, a senior official said. Gao...

China Raises High-speed Railway Hopes – Mure Dickie

From Financial Times: The Chinese government appears to have cleared the way for the construction of a high-speed railway between Beijing and Shanghai, raising hopes that one of the world’s biggest infrastructure projects may soon be on track after years of delay. In a one-sentence notice posted on its website, China’s main economic planning agency, […]

China Pays To Save Energy – Asia Times Online

From Asia Times Online: China’s government plans to pour billions of dollars into special projects to help meet the country’s energy-saving targets. Local officials are also about to come under increased pressure to toe the government line to meet the targets, otherwise their political futures could be in jeopardy. A top official from the National […]

Ten Reasons Why The Inflation is Bearable – Lian Yue

China’s National Development and Reform Commission (NDRC) recently attempted to downplay worries over increases in food prices by arguing that rises in income were more than enough to compensate. Writing on his personal...

New Rules But No Brakes for China’s Economy – Li Qiyan and Zhang Huanyu

From Caijing.com.cn: The world has been watching this year as statistic after statistic riveted attention on a red-hot economy in China that some think may be close to burning out of control. Now attention is shifting to decisions for handling the situation issued by the National Development and Reform Commission (NDRC) , which directs and […]

Electricity Industry Employee Stock Holders Get Detailed Rules – Li Qiyan

Regulations for staff members of electricity companies will be announced by the central government at the end of June following four years of discussions and delays. From Caijing.com.cn: Employees of state-owned grid companies will soon be banned from further investing into power generation companies as a part of China’s new rules meant to create fair […]

Property Firms Embrace Smaller Chinese Cities – Bloomberg News

From International Herald Tribune: Property prices in Shanghai , Beijing and Guangzhou are too high and developers should focus on the smaller Chinese cities as they grow richer, some real estate executives believe. “First-tier cities are getting too expensive,” Justin Chiu, executive director at Cheung Kong , Hong Kong’s biggest developer, said in an interview […]



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