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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...

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 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 […]

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 […]

China Loosens Grip on Corporate Bonds – Jamil Anderlini

From Financial Times: China’s anaemic corporate bond market is set to expand exponentially after the government loosened its grip on the sector on Wednesday by introducing a new regulatory regime. Corporate bonds are virtually non-existent in China, mostly because they are regulated by the state’s conservative and anachronistic central planning agency, the National Development and […]

Former Chinese environment minister rises from ashes – various

The English-language wires all have pieces today on the political resurrection of Xie Zhenhua (ËߣÊåØÂçé), the former head of the State Environmental Protection Administration, who resigned in 2005 after the Songhua River beneze pollution debacle. From AP via Taipei Times: Xie…has been appointed vice minister of the National Development and Reform Commission, China’s most powerful […]

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