Government Updates
Overseas firms in South China see less profit in '09
About 76 percent of 551 overseas companies in South China said in a survey they were profitable last year but were beginning to see a slight slowdown in profitability.
Read moreFinland buys 1.4m-ton CO2 credits from China
Finland said Monday it has signed a contract with a Chinese company to purchase 1.4 millioin tones of carbon dioxide credits over ten years from 2009. The project is designed to promote the use of methane fermentation reactors and cooking utensils in a mountainous area in China’s south central Hunan Province. The reactor can convert organic waste materials such as livestock excrement to methane.
Read moreLand transfer may draw 'heated debate'
A recent landmark policy that allows rural land-use right transfers between farmers is expected to stir a heated debate at the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC) meetings this week, experts said Monday.
Read moreBeijing plans to build more efficient heating facilities to cut pollution
Chinese capital Beijing will put into use 20 bigger and more efficient heating centers in the next two years in a bid to reduce pollution. Ten such centers were in operation and the city planned to increase the number to 20 in 2009 and 30 in 2010, an official with the Municipal Commission of Development and Reform said Monday.
Read moreReport: Risk management essential for China's food safety
China should strengthen risk management to ensure food safety, according to a blue paper issued here Monday by the Chinese Academy of Social Sciences.
Read moreChina adopts law to strengthen food safety control, vows to punish offender
China's top legislature approved the Food Safety Law on Saturday, providing a legal basis for the government to strengthen food safety control "from the production line to the dining table."
Read moreTranslation error over 'cancelled' Airbus order
A newspaper that reported China had pulled out of a deal to buy 150 aircraft from Airbus, causing a stir among the national media, had mistranslated the original story by a United States news agency.
Read moreChina to seek investment in Britain: MOC
China would send a small-scale delegation to Britain to explore mutual investment opportunities, said Minister of Commerce Chen Deming here Monday. China’s procurement trip to Europe is very successful, said Chen, who made the comments when taking reporter questions at a televised meeting on how to expand consumption and facilitate circulation.
Read moreTrade, climate top agenda for China and EU
Visiting Swedish Foreign Minister Carl Bildt urged the European Union (EU) and China to jointly combat protectionism and China to jointly combat protectionism and global warming-pressing issues when Stockholm takes the six-month EU presidency from July.
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