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  • September 16, 2014
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  1. Regulators reshuffle pack at the top

    Posted Sep 16th 2004, 12:00am by Elaine Chan

    ... the issue of state shares, but none had been properly implemented. Mr Shang is expected to be replaced by Huang Qifan, a former top economic policymaker in Shanghai and the deputy mayor ... to March 2003 Everbright Group chairman from July 1999 to February 2000 Huang Qifan 52, native of Zhejiang province Deputy mayor of Chongqing since October 2001 Director of Shanghai Economic ...

  2. Beijing orders tighter bank cash reserves

    Posted Sep 07th 2007, 12:00am by Cary Huang, Denise Tsang

    ... Denise Tsang in Dalian and Cary Huang in Beijing Premier Wen warns of further measures to prevent overheating The central bank yesterday ordered lenders to set aside more cash in reserves for the seventh time this year as Premier Wen Jiabao warned top priority would be given to preventing the economy from overheating. The People's Bank of China (PBC) said the move to raise bank ...

  3. CSRC reshuffled in run-up to National People's Congress

    Posted Jan 07th 2008, 12:00am by Martin Zhou

    ... rumours said Huang Qifan, vice-mayor of Chongqing municipality, would be named executive CSRC vice-chairman, and would eventually replace Mr Shang to head the securities watchdog. In September 2004, the Guangzhou Daily reported that Mr Huang would become the mainland's top securities official. Mr Huang and the CSRC quickly dismissed the reports at the time. Mr Huang, 56, served ...

  4. Say goodbye to financial reform

    Posted Sep 20th 2004, 12:00am by Staff Reporter

    ... in turn, will be replaced by Huang Qifan, who was formerly an economic official in Shanghai, and is now deputy mayor of Chongqing. The departure of the straight-talking Mr Liu is a body blow ... of Vice-Premier Huang Ju, a notable trimmer in Jiang Zemin's circle. Mr Huang's previous great contribution to Chinese economic policy was the creation, early last year, of the State-owned ...

  5. Auditor's report details litany of financial abuse

    Posted Jun 28th 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com The mainland's top audit office says 300 central government officials, including some department chiefs, abused funds totalling almost 4.4 billion yuan (HK$5.4 billion) last year. Liu Jiayi, auditor general of the National Audit Office, said several ministries or ministry-level agencies had mis-stated their revenue or violated fiscal ...

  6. Beijing to open door to private capital

    Posted Feb 16th 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com The mainland will take bolder steps to reform its quasi-socialist economic system by introducing private capital into industries that have long been monopolised by state firms. The government will push ahead with fiscal and financial reforms, including to the value-added and resource taxes, the State Council said in a statement ...

  7. Beijing plans stimulus for target sectors

    Posted May 31st 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com Beijing has pledged to support seven new strategic industries, including renewable energy, and kick-start 20 major projects as it moves to counter a sharp slowdown in economic growth. 'It is a strategically significant task to develop strategic emerging industries, particularly when the economy is facing increasing downward ...

  8. Return to trade surplus a surprise

    Posted Apr 11th 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com China unexpectedly returned to a trade surplus last month as exports grew more quickly than expected and import growth eased from a 13-month high. After a deficit of US$31.48 billion in February, trade figures for last month showed a surplus of US$5.35 billion. For the first three months of this year, the total trade surplus stood ...

  9. Planners aim at shift to consumption

    Posted Mar 07th 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com The central government aims to slow the expansion of capital investment this year, as part of efforts to rebalance the economy in favour of consumption and to keep inflation in check. In its report to the annual session of the National People's Congress, the National Development and Reform Commission said on Monday that it had set ...

  10. World Bank more gloomy about growth

    Posted Jan 19th 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com The World Bank says China's economic growth is set to slow, and warns that developing countries face more shocks from Europe's sovereign debt crisis and slowdowns in various emerging markets. The lender has cut its global growth forecast by the most in three years, saying a euro-zone recession threatens to worsen a slowdown ...




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