Shenzhen residents can now use natural gas imported from central Asia two weeks from now once the Shenzhen-Guangzhou section of the west to east natural gas pipeline will be completed. The Guangzhou-Shenzhen section is now in its pressure pumping stage that will last for at least ten days. Then the natural gas can be transferred [...]
In order to enjoy zero tariffs under the Closer Economic Partnership Agreement (CEPA), goods exported from Hong Kong to Mainland China must fulfill the rules of origin and show evidence of being “made in Hong Kong.” The execution of the rules of origin is detailed in the “Customs Provisions of the People’s Republic of China [...]
During the China Creative Valley Summit Forum last Saturday, a plan to build a hub for creative enterprises was introduced. Once approved the hub will be built in Qianhai in Nanshan District. The project will be named the China Creative Valley and is said to cost around 12 billion yuan covering an area of 80,000 [...]
The Pareto Principle also known as the 80/20 law : says that 20% of causes are usually responsible for 80% of results It is named after an Italian economist named Vilfredo Pareto, who observed in 1906 that 80% of the land in Italy was owned by 20% of the population; he developed the principle by [...]
To encourage the purchase and use of hybrid vehicles, Shenzhen officials are planning to implement fees for high emission vehicles as a part of their air quality measures. Officials will also be unveiling additional new policies such as fees for roadside parking. Officials are also planning to use the National IV diesel oil by July [...]
Huawei Technologies have agreed to place a logistics center in Hungary. In an agreement signed by Huawei and the Hungarian department, the deal will involve an investment of US$ 1.5 billion dollars. Huawei is currently the biggest Chinese company in terms of investment volume in Europe. The deal is part of cooperative agreements from both [...]
During the 14th Sino-US Science and Technology Cooperation Joint Committee, President Hu Jintao made a congratulatory letter that expressed his heartfelt thanks to the joint committee in committing to the Sino-US scientific and technological cooperation and technology workers in contributing to promote the development of Sino-US relations. President Hu also said in his letter that [...]
According to the Housing and Urban Policy Research Center said that future of the real estate regulation will continue to stick with their control of the investment demand, the control of housing prices without wavering, increase the supply of affordable housings, enhance quality development and transition adjustment to real estate companies to respond to market [...]
According to the new “Regulations on the Registration and Administration of Representative Offices of Foreign-Invested Enterprises (guowuyuanling No.584)” (Regulations), representative offices (ROs) of FIEs registered and established before December 31, 2011 are required to submit the annual compliance report to the local registrars before June 30, 2012. Those who failed to file the report will [...]
To kick off EURO 2012 (2012 UEFA European Football Championship), the European Chamber launches the EU Day celebration in Shenzhen on May 26th by a European Chamber Cup (football tournament). Join us by representing one of the European countries (*). Your company employees can play, watch, enjoy and win the European Chamber Cup! Don’t miss [...]
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