Government News
Policies of buying a home in Lingang further optimized for non-locals - October 30, 2022
Qualified non-locals who work in Lingang are now easier to buy a home in the special area of the Shanghai free trade zone.
China's new e-cigarette tax could fatten gov't coffers by USD1.2 billion, academic says - October 30, 2022
China's new consumption tax on vaping devices, due to come into effect on Nov. 1, will bring in around CNY9 billion (USD1.2 billion) a year in additional tax revenue, an associate professor at the Northwest University of Political Science and Law told Yicai Global.
Germany permits Cosco Shipping to invest in Hamburg port operator - October 30, 2022
The German government has given its approval for Chinese maritime giant Cosco Shipping Group to take a stake in the company that runs the Port of Hamburg, the European country’s biggest.
Chinese jeweler Lao Feng Xiang enters list of World's Top 50 Luxury Brands - October 30, 2022
Lao Feng Xiang, one of China's oldest jewelry brands, has made this year's Brand Finance Luxury & Premium 50 list.
Chinese Mainland Tours to Macao to Resume This Month, With Searches Up 300% - October 30, 2022
With four provinces and one city on the Chinese mainland ready to restart group tours to Macao, the special administrative region’s health bureau issued Covid-19 prevention guidelines for tour organizers last Wednesday.
William Li Says It’s Normal for Carmakers to Make Batteries After Nio Sets Up Own Unit - October 30, 2022
Making power packs for their own electric vehicles is a given for automakers, Nio’s founder and chairman said after the Chinese EV startup formed a separate battery development unit two weeks ago.
Chinese firms move for greater cross-border e-commerce development - October 26, 2022
Chinese firms are eyeing business opportunities like cloud and e-payment for cross-border e-commerce and global trade, with demands expected to rebound during the traditional peak season of the fourth quarter, Shanghai Daily learned.
China’s Foldable Smartphone Sales to Top Two Million This Year, Report Says - October 26, 2022
Sales of foldable mobile phones on the Chinese mainland will surpass two million units this year, online news outlet The Paper reported, citing an analyst at market research institute Canalys.
Thai bourse chief talks up China cooperation - October 23, 2022
The financial markets of China and Thailand could collaborate more to link up investors and companies, according to the president of the Southeast Asian nation's stock exchange.
Chinese down jacket maker Bosideng reopens London flagship store after revamp - October 23, 2022
Bosideng International Holdings, China's largest maker of down jackets, reopened its flagship store in London earlier this month following renovations this year, a company insider told Yicai Global.
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