“Privacy targeted in overhaul of credit regul...”[2013-03-20]

" People with bad credit records will be able to get a clean slate after five years of a good record, under regulations which come into effect on Friday.The public will also be able to receive two free reports on their credit status every year, courtesy of the new regulation, which was published by th...more>>

“The Reform On Commercial Registration”[2013-03-27]

" 【Background】 From March 1st, the reform on commercial registration has been carried out in the scope of the whole city in Shenzhen and Zhuhai. It changes from “examination and approval” to “approval registration”. The business scopes of commercial subjects no longer serve as registration items...more>>

“Why the Installation of Beidou Navigation Ha...”[2013-01-17]

" 【Background】On January 14, China's Ministry of Transport says commercial vehicles in nine regions will have to install the homegrown Beidou Navigation Satellite System (BDS), or face not having their vehicle permits approved. Feng Zhenglin, the vice minister of the Ministry of Transport, emphasize...more>>

“Prof. Li Buyun Talks about Constitution”[2013-01-20]

" China Reform: This year is the 30th anniversary of the 1982 Constitution;you participated in its formulation, and put forward many important suggestions. Li Buyun: From July 1980 to July 1981, I was temporarily transferred to work in the Research Center of the Secretariat of the CPC Central Committe...more>>

“Trade, shareholder profits fall at HKEx”[2012-11-15]

" Hong Kong Exchanges and Clearing Limited (HKEx), the operator of Hong Kong's securities and derivatives market, saw its profits attributable to shareholders for the first nine months drop to HK$3.22 billion ($415.46 million), down 15.73 percent year-on-year as the weak global economy crimped trading...more>>

“Problems that may be brought about due to ca...”[2014-09-10]

" Recently, Professor Zhang Yuyan, the Director of World Economics and Politics Institute of Chinese Academy of Social Sciences, made a speech titled “China’s development strategy under new global order” in Hongru Forum hosted by SIFL Institute.As to the problem of RMB’s internationalization, Zhan...more>>

“Mundell: New Currency System in The Future”[2012-11-20]

" Robert Mundell, known as the "Father of euro", appeared in China publicly again on November 1. In the “Annual Conference 2012: Retrospect and Prospect” hold by Liu Hongru Financial Education Foundation and SIFL INSTITUTE, Mundell not only reviewed the history of development of currency s...more>>

“Sharp Slowdown in Fiscal Revenue”[2012-09-01]

" China's fiscal revenue growth slowed down sharply in the first seven months of 2012, but local tax authorities should avoid imposing excessive taxes in the rest of the year, Finance Minister Xie Xuren said Wednesday.The country's fiscal revenue grew by 11.6 percent from January to July, compared to ...more>>

“State Media's Attacks on Apple Rotten to...”[2013-04-08]

" Fu Weigang an academic specializing property law and vice president of the Shanghai Institute of Finance and Law, is critical of the attacks on Apple."So many media resource are devoted to (bashing) a product whose customer experience is relatively good while there are many poor-quality product...more>>

“New funding rules for SMEs”[2012-06-15]

" Nie Riming, a research fellow at the Shanghai Institute of Finance and Law, argued that rather than subsidizing SMEs, the government should lower tax burdens for these enterprises or encourage venture capital to invest in these firms, letting the market determine which companies are most capable of ...more>>