China Xiongan publishes new bidding notice for smart city construction in Rongdong -- China Xiongan Group has published new bidding notice on its website for smart city construction in Xiongan New Area. It is noted that the project is located in Rongdong district in Xiongan New Area, with total area of 12 square kilometers, according to the notice.
S. China Hainan formulates plan for poverty alleviation through e-commerce -- South China's Hainan Province has recently formulated a three-year action plan for poverty alleviation through e-commerce. According to the plan for 2018-2020 period, Hainan will establish and improve the e-commerce public service system in poverty-stricken areas, and strive to bring annual sales of the agricultural products in the province's poverty-stricken areas via the e-commerce platforms to more than 100 million yuan during the period. Hainan will broaden the sales channels of the agricultural products in the poverty-stricken areas and encourage cities and counties to open local specialty pavilions on mainstream e-commerce platforms, said the plan.
China issues guideline to improve biodiversity in Yangtze River -- The State Council, China's cabinet, has released a guideline to improve aquatic life protection and ecological rehabilitation in the Yangtze River. The Yangtze River, the longest river in China, has been damaged by human activities including dam building, water pollution and over-fishing, resulting in deteriorating biodiversity and arduous tasks of ecological restoration, said the guideline from the General Office of the State Council. Before 2020, fishing on major waters of the river will be banned throughout the year, more conservation areas will be built and better supervised, and important habitats along the river should be put under effective protection.
Chinese insurers encouraged to invest in quality listed companies, CBIRC official -- Chinese insurance institutions are encouraged to invest in high-quality listed companies and listed companies launched by private enterprise as financial and strategic investor, said Ren Chunsheng, an official of the China Banking and Insurance Regulatory Commission (CBIRC) at the recent China Wealth Management 50 Forum. The regulator is making efforts to channel more insurance funds to the private or small and micro enterprises in a bid to support development of the real economy, said Ren. Meanwhile, the China Insurance Investment Fund is prompted to set up the special fund to serve the national strategies and give support to the investment projects in line with the national strategies, from the scope of investment, investment ratio and solvency, according to Ren.
China likely to raise cap on annual duty-free purchases in Hainan -- China will likely raise the cap on the amount of annual duty-free purchases in the island province of Hainan and increase the number of offshore duty-free shops, the Shanghai Securities News reported on October 15. At present, non-Hainan residents are allowed to buy duty-free products worth up to 16,000 yuan each year before they leave the island by flight or train. The State Council, China's cabinet, gave Hainan permission to run a trial offshore duty-free program on April 20, 2011, to help develop the island into a world-class tourist destination by 2020.
Yiwu introduces new rules to welcome foreigners -- The city of Yiwu, a marketplace for small commodities in east China's Zhejiang Province, introduced a series of new rules on October 12 to welcome more foreigners. The rules, issued by the city's human resources and social security bureau, include lowering standards for foreigners who want to work in the city, and a new point-based system, which could be critical for the extension of work permits. Foreign workers in China have been classified into categories A, B and C. A, as top-notch personnel; B as professional talent; and C as ordinary workers. "Around 90 percent of foreigners in Yiwu are ordinary workers on the basis of the current categories, meaning that those who are over 60 can hardly work in China," said Wu Shenlan, a bureau official.
China unveils guide for construction of intelligent manufacturing standard system -- China released the guide for construction of an intelligent manufacturing standard system at the World Intelligent Manufacturing Summit in east China's Nanjing City on October 12. According to the guide (version in 2018), China will formulate and revise more than 150 national standards and industry standards for intelligent manufacturing, covering basic common standards and key technical standards this year. By 2019, it will formulate and revise more than 300 national standards and industry standards for intelligent manufacturing, comprehensively covering basic common standards and key technical standards, in a bid to gradually establish a relatively complete intelligent manufacturing standard system.
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