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China Looks to Transform Its Financial Sector

China Looks to Transform Its Financial Sector

China’s State Council issued the Guiding Opinions on Financial Support for Adjusting, Transitioning and Upgrading of the Economic Structure, which reiterate that the government will maintain a prudent monetary policy and a reasonable money and credit supply to support economic restructuring. Detailed information can be found below. According to the Opinions, China’s economic outlook is [...]

Apr 16 2015, 9:41 am | Posted in Featured,Finance | Read More »

Pre-Tax Deduction Policies for Advertising and Promotional Expenses

Pre-Tax Deduction Policies for Advertising and Promotional Expenses

China’s Ministry of Finance  and the State Administration of Taxation jointly released the Circular Regarding Pre-tax Deduction Policies on Advertising and Business Promotion Expenses, which is retroactively effective from January 1, 2012 and will remain in effect through December 31, 2015. The purpose of the Circular is to address the dilemma faced by enterprises which [...]

Apr 3 2015, 8:36 am | Posted in Featured,Taxation | Read More »

China Allows Hong Kong and Macau-Based Companies to Set Up Mainland Medical Institutions

China Allows Hong Kong and Macau-Based Companies to Set Up Mainland Medical Institutions

China’s Ministry of Health and the Ministry of Commerce jointly released the Circular on Issues Concerning the Establishment of Medical Institutions in Mainland China by Hong Kong and Macao Service Providers which permits Hong Kong and Macao-based service providers to set up medical institutions in the Mainland. According to the Circular, Hong Kong and Macao [...]

Mar 31 2015, 9:28 am | Posted in Featured,Medical | Read More »

Shenzhen Releases Measures on Special Fund Management for Qianhai

Shenzhen Releases Measures on Special Fund Management for Qianhai

The Shenzhen Municipal Government released the “Measures on Special Funds Management for the Pilot Development of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone which specifies that the Chinese central government and Shenzhen local government will jointly allocate special funds to support the development of four major industries in Qianhai. Detailed information can be [...]

Mar 31 2015, 7:38 am | Posted in Featured,Investment Relations | Read More »

HELP US STAND UP TO BULLYING

bullying-awareness

HELP US STAND UP TO BULLYING SCCSC/ISNS 4th Annual Bullying Awareness Week This week from Monday March 30th to Friday April 3rd Shenzhen (Nanshan) Concord College of Sino Canada and the International School of Nanshan Shenzhen will be running the internationally recognized campaign Bullying Awareness Week, this year’s theme is Take a Stand, Lend a Hand!   [...]

Mar 29 2015, 2:53 pm | Posted in Education,Featured | Read More »

Beijing Impresses Visiting IOC Committee Team

Beijing Impresses Visiting IOC Committee Team

Beijing’s bid in hosting the 2022 Winter Olympics is in line with China’s regional development strategy impressed a visiting International Olympic committee team. And on Tuesday the Team evaluation Commission started a five day inspection tour in Beijing and Zhangjiakou to inspect possible venues and assess the abilities to jointly host the winter Olympics. Chaired [...]

Mar 25 2015, 7:57 am | Posted in Featured,Sports | Read More »

China Releases Guiding Opinions on Attracting Foreign Investment

China Releases Guiding Opinions on Attracting Foreign Investment

China’s Ministry of Commerce recently released the Guiding Opinions on Attracting Foreign Investment which sets out measures for China to attract foreign investment in China. Detailed information can be found below. Current Situation According to the Opinions, China is now facing tough competition for foreign investment, specifically: Many developed countries have adopted economic stimulus packages [...]

Mar 20 2015, 9:22 am | Posted in Featured,Investment Relations | Read More »

Almost 6 Million Tourists Came to Spend Spring Festival Holidays in Shenzhen

Almost 6 Million Tourists Came to Spend Spring Festival Holidays in Shenzhen

Around 5.85 million tourists came to Shenzhen and spent about 7.3 billion yuan during the seven day Spring festival that ended last Tuesday. The number of tourists has increased by 3.91 percent compared to last year’s Spring festival and income from tourists increased by 5.8 percent. By average each tourist has spent 1,390.07 yuan during [...]

Feb 26 2015, 8:42 am | Posted in Destinations,Featured | Read More »

Tencent to Integrate Popular Chatting App in Ford Cars

Tencent to Integrate Popular Chatting App in Ford Cars

Ford Motors is planning to have Tencent Holdings to integrate its popular chatting app for its cars in China, as the world’s largest automakers market is vying for drivers to see the high tech features as much as engine size. Among its rivals namely Nissan Motors and Daimler are already looking for ways to give [...]

Feb 19 2015, 8:20 am | Posted in Featured,Investment Relations | Read More »

Various Sports and Cultural Activities to be Held During Spring Festival

Various Sports and Cultural Activities to be Held During Spring Festival

Around 1,200 various cultural and sports activities will be held in Shenzhen during the seven day Spring Festival that starts on Wednesday. These activities will feature young sculptors Chen Wecai and Cao Wen that will be putting up 86 of their works on display at the Guan Shanyue Art Museum in Futian. There will be [...]

Feb 16 2015, 7:49 am | Posted in Featured,Sports | Read More »

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