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  • November 28, 2014
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  1. Policy U-turn as debt piles up

    Posted Jun 27th 2012, 12:00am

    ... Their debts should be under stringent supervision,' Hong was quoted by China News Service as saying. Beijing tried to tackle a financing shortfall for public projects last year by allowing some local authorities to sell bonds directly- for the first time in 17 years- under a pilot scheme. But Professor Ma Guoxian, director of the public policy research centre at the Shanghai University ...

  2. Beijing slashes tax rates for SMEs

    Posted Sep 19th 2007, 12:00am by Denise Tsang

    ... Denise Tsang Cuts will benefit 4m firms struggling to survive amid rising labour and material costs The mainland has cut corporate tax rates for small and medium-sized enterprises as soaring labour and material costs threaten many of these companies with ...

  3. Optimists and pessimists both wrong on China

    Posted Mar 09th 2009, 12:00am by Tom Holland

    ... with Tom Holland Depending which view you ascribe to, the failure of Premier Wen Jiabao to announce a major new economic stimulus programme last week was either promising news ... the optimists argue that the government should have few problems achieving its target economic growth of 8 per cent this year without rolling out new stimulus programmes. The pessimists, in contrast, ...

  4. Property - Hong Kong & China - CONCRETE ANALYSIS

    China's cities narrow gap with West in global survey

    Posted Mar 27th 2013, 12:00am by Thomas Lam

    ... is designed to give the most rounded picture of the places that matter to the wealthy and influential. It focuses on four categories: economic activity, political power, quality of life, and knowledge and influence. Under the rubric of economic activity we examine economic output, income per head, financial and capital market activity, and the number of international business headquarters in each ...

  5. News - China - INFRASTRUCTURE

    Residents fear Hebei expressway will drive up house prices

    Posted Jun 06th 2013, 12:00am by MANDY ZUO

    ... are not impressed. When completed it would be one of 11 highways linking the province to Beijing, boosting the development of an economic zone around the national capital, Hebei's Yanzhao Metropolis ... last month to develop the Capital Area Special Economic Zone and pledged building a comprehensive traffic infrastructure to expand access to Beijing. In the past few years, many Beijing ...

  6. News - Hong Kong

    Leung Chun-ying too close to Beijing, ex-think tank chief Lau Siu-kai says

    Posted Oct 06th 2012, 12:00am by Gary Cheung

    ... in the community and uncertainties brought by the global economic downturn would inevitably increase the tension between the government and the public, he said. The "embattled government" ... conflicts, will face mounting tension with the public amid growing anti-mainland sentiment, the government's former top adviser says. Professor Lau Siu-kai, former head of the Central Policy ...

  7. Wen vows swift economic reforms

    Posted Mar 06th 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com Premier Wen Jiabao has vowed to accelerate reform of the mainland's economic structure by focusing on raising household earnings and breaking ... of yuan a year, leading to widespread public discontent. The government would push to expand the middle class and raise the salaries of low-income workers, Wen added. He vowed to encourage ...

  8. Beijing opens public housing to migrants

    Posted Oct 21st 2011, 12:00am

    ... Ed Zhang in Beijing Migrants will be among the beneficiaries of a public housing scheme for low-income groups launched by the Beijing municipal government. It is the first time migrants ... or social welfare. The other two types of subsidised housing- economically affordable housing and fixed-price housing- are also reserved for Beijing residents with hukou. From December 1, both ...

  9. Infamous hospital surcharge to be axed by 2015

    Posted Jan 08th 2012, 12:00am

    ... the surcharge, to be followed by all such hospitals next year. By 2015, all public hospitals would be free of the surcharge. But a leading economics professor who is also a government adviser said ... said Li Ling, an expert on public hospital reform at Peking University. 'There won't necessarily be strong opposition from hospitals if they are still guaranteed the income. 'For ...

  10. Capital moves to boost low-cost housing supply

    Posted Dec 05th 2007, 12:00am by Staff Reporter

    ... to about 60 square metres, which will also make the houses more affordable. Analysts believed that the measures would not have an adverse effect on the overall market since the economic public housing sector was quite independent of other sectors. It could, however, have a positive result. 'Lifting the supply of economic public housing and increasing the cost of speculating has ...




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