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Issue 09, 2003 (01 September)
 Inside PRD
Hong Kong Companies Have Good Prospect in PRD Design Market
A significant gap currently exists between the level of design services and the economic strength of the PRD, one of China's most vibrant economic regions ... (full story)
 Leader
Shenzhen Repositions Itself for Closer Ties with Hong Kong under CEPA
According to informed sources in Beijing, the central government is placing great emphasis on economic cooperation between Shenzhen and Hong Kong after the signing of CEPA ... (full story)

 Policy and Law
Capital Requirement on Foreign Trade Enterprises Lowered
Starting 1 September, the capital requirement on mainland enterprises engaging in foreign trade has been lowered, bringing new business opportunities to private enterprises ... (full story)
Product Certification to be Waived under Three Conditions
According to a Shenzhen entry-exit inspection and quarantine bureau official, there are three conditions under which the China Compulsory Certification (CCC) on products can be waived ... (full story)

 Local Policy
Tax Imposed on Rented Factories and Shops in Dongguan
Most Hong Kong businessmen engaged in processing with supplied materials in Dongguan tend to rent existing factory premises to minimise investment in fixed assets ... (full story)
Fujian Raises VAT and Business Tax Threshold
Fujian's provincial finance, state tax and local tax bureaus announced jointly that the minimum taxable amount of VAT and business tax in the province would be raised ... (full story)

 Industrial Policy
Sole Distributorship and Wholesale Right for Private Publication Enterprises
The State Press and Publication Administration (SPPA) recently published the revised Rules for the Management of the Publications Market, effective on 1 September ... (full story)
CCTV Pay-Channels Make Debut in September
Pay-channels launched by Chinese Central Television (CCTV) this September initially include a movie channel, a TV drama channel and a Beijing opera channel ... (full story)

 Emerging Opportunities
The Heat Effect on Shanghai Businesses
The persistent high temperatures in Shanghai in July and August brought about direct effects on the commercial sector in the city ... (full story)

 Human Resources
Foreign Investors in Nansha Free to Fix Wage Level
Foreign-invested enterprises (FIEs) in Nansha, Guangzhou are free to fix the wage level of their employees according to their business nature and economic benefit ... (full story)

 Key to Economy and Trade
Joining Franchise vs Building Own Brand
After the conclusion of the Closer Economic Partnership Arrangement (CEPA), various trades and industries have started to look at the way forward ... (full story)
Interpreting Interim Regulations on M&A by Foreign Investors
The Ministry of Commerce (MOFCOM) is going to publish interpretation notes on the Interim Provisions on the Merger and Acquisition of Domestic Enterprises by Foreign Investors promulgated in April this year ... (full story)