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2009-07-21 | Shanghai
1 The structure of Tax income analysis in the first half of 2009Link: http://szs.mof.gov.cn/shuizhengsi/zhengwuxinxi/zhengcejiedu/200907/t20090715_182355.html
Date: 15-Jul-09
Summary: The VAT income of NFM Industry is still decline.
2 Ministry of Finance [2009] No. 120, Issuing the Intrim Measures delegated from National Government to Local Government on administration of fund subsidies and Safety Project Management for the Closed Tailing Dames in the Bankrupted NFM and Mining corporate
Link: http://qys.mof.gov.cn/qiyesi/zhengwuxinxi/zhengcefabu/200907/t20090713_181797.html
Date: 14-Jul-09
Summary After implementing the policy issued by National Government to Local government on Shutdown of Bankrupt Mines, because of lack of maintainness, there are serious safety problems on some of the leftover Tailing Dames. Ministry of Finance decides to provide Fund Subsidies to the Closed Tailing Dames. The aim is to try to complete the administrative work on closed tailing dames within 3 years.
3 The State Administration of foreign Exchange (SAFE) issued the Notice on the Regulations for the Administration of foreign Exchange for Offshore Direct Investment by Domestic Institutions
Link: http://www.safe.gov.cn/model_safe/laws/law_detail.jsp?ID=80404000000000000,29&id=4
Date: 14-Jul-09
Summary: To out to fully implement the "Go Abroad" development strategy, to realise the health dvelopment of the administration of domestic entities’ oversea foreign investment and balanced Management of the Cross-Border Capital Movement, so as to maintian the balance of international payments, SFAD promuglated the "the Notice on the Regulations for the Administration of foreign Exchange for Offshore Direct Investment by Domestic Institutions" in accordance with the Regulation on Foreign Exchange Administration and other relevant regulations. The Notice will come into effect on 1st of August 2009.
4 Industrial Policy and Special Planning on Rare Earth have passed assessment
Link: http://www.mlr.gov.cn/xwdt/jrxw/200907/t20090717_122908.htm
Date: 17-Jul-09
Summary: "Special planning on Rare Earth Industry (2009 - 2015" and Industrial Development Policy on Rare Earth" have been assessed by NDRC, MOF, MLR, and other relevant departments, and relevant research institutions.
5 Launch of the comprehensive field verification on mining rights
Link: http://www.mlr.gov.cn/xwdt/jrxw/200907/t20090715_122839.htm
Date: 15-Jul-09
6 GDP Growth in the first half of the year is 7.1% and overall profit of NFM industry is 96 Billion RMB
Link: http://window168.com/hangqing/news/37988
Date: 17-Jul-09
Summary: In 16th July 2009, Press office of State council hold the planned Press Conference, Dir. LI Xiaochao of spoken person of National Satisitc Bureau, Director of National Economic Comprehensive statistic department realised the economic development in the 1st half of the year. From Jan. to May, smelting and manufacturing industry of the black metal have gained profit from -8 billion RMB and - 19 Billion RMB to +26 Billion and + 96 Billion respectively.
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