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  • September 19, 2014
  • Last updated: 6:15pm
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  1. News - China

    Energy regulator NEA's new chief Wu Xinxiong seen as neutral

    Posted Mar 20th 2013, 12:00am by Eric Ng

    ... be merged into the NEA. The NEA, however, will remain under the oversight of the National Development and Reform Commission (NDRC), the mainland's top industry regulator. A few years after the SERC was set up, it fought with the NDRC for control over electricity pricing, with the NDRC winning. Since power market reform stalled after a few years of experimentation with limited ...

  2. News - China - CORRUPTION

    Zhang Dongsheng, former general director of NDRC finance department, in corporate bond sales probe

    Posted Aug 14th 2014, 03:04am by Reuters, Daniel Ren

    ... Reuters and Daniel Ren in Shanghai Zhang Dongsheng, former general director of planning agency's finance unit, investigated over corporate bond issues, magazine says Retired NDRC ... that Beijing will intensify its crackdown on illegal bond trading. Zhang Dongsheng, who was the general director of the National Development and Reform Commission's (NDRC) finance department, ...

  3. News - Hong Kong - POLITICS

    NDRC adds its voice to Occupy Central criticism

    Posted Jul 05th 2014, 03:14am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com NDRC adds its voice to Occupy Central criticism The National Development and Reform Commission (NDRC) has become the latest mainland agency to attack Occupy Central. The nation's economic manager yesterday said the movement would harm Hong Kong's business environment and delay universal suffrage. Li Pumin, the NDRC ...

  4. Business - China Business - GOVERNANCE

    Antitrust body fines Volkswagen and Chrysler, denies targeting foreign firms

    Posted Sep 12th 2014, 06:19am by Kwong Man-ki

    ... (NDRC)-supervised price bureau in Hubei province said it was fining FAW-Volkswagen 248.6 million yuan for manipulating prices at its Audi sales unit, according to a statement on its website. The NDRC ... in the wake of recent antitrust probes targeting car-parts suppliers. German carmakers including BMW and Mercedes-Benz had also been found guilty of manipulating prices, the NDRC said, ...

  5. News - China - antitrust investigation

    China's antitrust investigators 'using threats and bullying' against companies

    Posted Sep 16th 2014, 02:05pm by Reuters

    ... Reuters in Beijing Tactics reportedly favoured by the pricing and anti-monopoly bureau's bosses are in violation of the NDRC's own rules A signboard at the top of a staircase in the ageing Beijing offices of the National Development and Reform Commission (NDRC) directs lawyers and company officials to numbered conference rooms for antitrust meetings. The printed list names ...

  6. Business - China Business - COMPETITION

    China antitrust regulator discloses penalties to boost transparency

    Posted Sep 08th 2014, 04:13am by Kwong Man-ki

    ... Commission (NDRC) last Tuesday posted on its website details of disciplinary penalties imposed against Zhejiang Provincial Insurance Association and 23 other insurers in the province. They violated ... "The NDRC wants to show that domestic and foreign companies are equally treated," said Deng Zhisong, a partner with Beijing's Dacheng Law Office. The American Chamber of Commerce ...

  7. Business - China Business

    NDRC investigates use of bond proceeds

    Posted Apr 10th 2014, 01:01am by BLOOM

    ... conducting a nationwide special inspection of the corporate bonds under its supervision last month, two sources said yesterday. Most new note issues regulated by the NDRC are sold by local-government ... because financing for affordable housing and shanty-town restructuring will heavily rely on those note sales," said Yang Kun, a credit analyst at brokerage Guotai Junan. The NDRC usually ...

  8. Business - Economy - GOVERNANCE

    NDRC expected to retain key antimonopoly role amid revamp

    Posted Mar 03rd 2014, 02:58pm by Reuters

    ... Reuters in Beijing The agency is likely to be given more powers to assert itself in price fixing and monopoly cases NDRC to strengthen antitrust activities China will present proposals ... Chinese and foreign companies, including US technology firms Qualcomm and InterDigital, have fallen afoul of the National Development and Reform Commission (NDRC) in recent months as its ...

  9. Business - China Business - REGULATION

    Chinese insurers fined 111m yuan over price fixing in car policies

    Posted Sep 03rd 2014, 10:19am by Kwong Man-ki

    ... in fixing discounts for car insurance premiums during multiple meetings, the National Development and Reform Commission (NDRC) said on Tuesday. Li Qing, deputy director general of the commission’s ... The penalties were the regulator’s latest move targeting the vehicle industry. A number of foreign carmakers and car-parts makers have been fined for price manipulation over the past month. The NDRC ...

  10. Business - Money - REGULATION

    Authorities clash over control of PE funds

    Posted Apr 01st 2013, 12:00am by Daniel Ren

    ... China-watchers following the mainland's recent cabinet reshuffle, the National Development and Reform Commission (NDRC) reiterated previous rulings that private equity funds would be barred from ... years as star fund managers were attracted by hedge funds' better pay and perks. However, the NDRC, authorised to manage the private-equity industry since 2005, appears determined ...




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