“Experts call for amendments to car-hailing r...”[2015-11-10]

" A dozen experts strongly disapprove of China's draft regulation on online car-hailing services, claiming that the rules may dampen the emerging industry, according to their proposal to the State Council on Thursday.The experts believed that the draft regulation has serious flaws and should be rewrit...more>>

“Could the United State become “the world’s...”[2015-10-20]

" In recent years, the manufacturing industry in the United State tends to be powerful for resurgence with a further promotion of energy revolution and maturity of technologies that could change the industry deeply like 3D print, etc. Some reports even estimated that the cost difference between China ...more>>

“Regulating of car-hailing services needs to ...”[2015-10-19]

" China's ministry of transport on Saturday disclosed its draft regulations on car-hailing services. According to the draft rules, the companies, such as Didi Kuaidi and Uber, will hold the major responsibility for any disputes or accidents during operation. Vehicles for non-commercial use will be ban...more>>

“The specialized fiscal fund is not working f...”[2015-09-29]

" On the executive meeting of the State Council held on Sep. 1, it is decided to set up ¥60 billion development fund for small and medium-sized enterprises (SMEs), focusing on supporting the development of growing small and medium-sized enterprises in start-up period in order to relieve their difficul...more>>

“Uber, Didi Armed With Billions Hold Breath o...”[2015-09-15]

" Tom Teng has been driving part time using the Didi Kuaidi car-hailing app and finds the service a boon for car owners like him who want to supplement their income. His greatest fear, though, is being pulled over by police and fined for carrying out an illegal activity.“I worry all the time about be...more>>

“Property tax can’t be introduced merely for...”[2014-03-29]

" After pilot programs of property taxes have been carried out in Chongqing and Shanghai for two years, up to now there are no newly added pilot regions, why the progress is so slow? What are the difficulties of implementing the property tax at the national level? Fu Weigang, the researcher of SIFL In...more>>

“The timing for RMB capital account liberaliz...”[2013-11-12]

" Recently, on the 2013 annual conference of “Restarting the Strength of Opening up” sponsored by Liu Hongru Financial Education Foundation, SIFL Institute and Reinventing Bretton Woods Committee, the honored speakers had heated discussion on whether the RMB capital account liberalization should be ...more>>

“A mechanism should be established for restra...”[2013-11-05]

" For the debts of China’s local governments, “the real risks don’t lie in their scale, but lie in who will pay the debts finally.” For China’s development, the financing and investments of local governments on the construction of public utilities itself do not need restraints, the key of the pro...more>>

“CSRC chief urges more protection for retail ...”[2013-10-28]

" Protecting retail investors is at the core of protecting the capital market, Xiao Gang, chairman of the China Securities Regulatory Commission (CSRC), said Wednesday in an article he wrote for the official Securities Times.Xiao said it was vital to protect retail investors, as they are an integral p...more>>

“SAIC approves private bank names”[2013-09-28]

" The State Administration for Industry and Commerce (SAIC), China's top business regulator, announced that it has approved the corporate names of two enterprises with plans to set up private banks, a move which follows recent government calls to open the industry to non-State competition.Since last m...more>>