WTO accession helps telecoms advance 2004-11-23
China's telecoms industry is achieving dramatic development, propelled by its accession to the World Trade Organization (WTO).
Sino-US centre training mediators 2004-07-09
The US-China Business Mediation Centre, the first joint conciliation institute between two countries, held a programme during the weekend to train its first batch of mediators to better solve the rising number of commercial disputes between Chinese and US companies.
China-US Telecom Summit opens in Chicago2004-06-18
The 2004 China-US Telecommunications Summit opened here on Thursday with a view to further promote the exchange and cooperation in the telecommunication sector between the two countries.
First non-state consortium emerges in Zhejiang Province2004-06-17
China has had its first non-state joint-stock company crowned with the title of "consortium" that is authorized to operate without geological limitation on the Chinese mainland.
Foreign attorneys to expand roles in China 2004-04-19
China's constant improvement of its legal environment will further open the sector and allow foreign lawyers to become direct beneficiaries, a senior justice official said over the weekend.
Homework before heading to China 2004-04-06
China has been gradually opening up the financial market since it entered the World Trade Organization (WTO) more than two years ago.
Logicality is fundamental to logistics industry's success2004-03-03
The opening-up of China's logistics market as part of its World Trade Organization membership will not be a disaster for domestic players but help speed up its growth, said the boss of a privately owned logistics firm, which serves more than 40 of the world's top 500 firms.
New life for New York Life in China 2004-02-12
On December 11, 2001, the day China joined the World Trade Organization (WTO), New York Life International secured approval to establish a joint venture insurance company in China.
China accelerates opening of tourism market2003-10-19
China is fulfilling its commitment as a member the World Trade Organization by speeding up the opening of its tourism market to foreign investors, said Zhang Xiqin, deputy director of the China National Tourism Administration (CNTA).
Rules on travel to loosen2003-08-08
Chinese people will soon find it easier to live and travel where they choose under changes to take effect within months.
Cash bleeding of listed firms must end2003-07-31
The entry of qualified foreign institutional investment into the domestic stock market has sparked a cheery mood among many investors. More than expecting it to boost the market, investors see the move as an expression of confidence in the domestic market by foreign investors.
Time Warner spearheads China's potential cinema market 2003-06-20
Huge United States media conglomerate Time Warner is spearheading the Chinese cinema market, paying nearly half the cost of a luxurious multiplex cinema in Shanghai, reported Xinhua News Agency.
Morgan Stanley, Citigroup granted QFII status in China 2003-06-09
Morgan Stanley Co International Limited and Citigroup Global Transaction Services of the United States became the first foreign investors to be granted the Qualified Foreign Institutional Investors (QFII) status in the Chinese stock market, authorities said on June 8.
Chinese banks embrace new Basel Accord 2003-06-02
Chinese banks are increasingly following international standards when remodeling their risk management systems ahead of the industry's complete opening-up, but analysts say the task remains a major one.
Cooperation among financial sectors needed to meet WTO challenges 2003-04-18
Financial institutions in the sectors of banking, securities and insurance need to build close cooperation with one another to confront the international competition generated by China's entry into the World Trade Organization (WTO), a Chinese financial specialist said on April 17 in Beijing.
Pay-TV channels ready for overseas programmes2003-04-02
China's plan to start 10 channels of paid television (pay TV) programmes via digital signals by the end of this year will not only stimulate reform in the State-dominated sector, but also open an enormous market that urgently need overseas TV programmes, insiders said.
Overseas travel group positions for China competition 2003-03-19
To counter the looming fierce competition brought about by China's World Trade Organization membership and possible negative effects from the gargantuan Three Gorges dam project to the tourism industry along the Yangtze River, Europe's leading travel agency is busy fine tuning measures to prevent a drop in business.
Economists push for foreign exchange funds2003-03-17
Seeing China's foreign exchange savings swelling at its banks, analysts are calling for early action to create new ways to use the savings more efficiently.
Banking regulatory body born2003-03-17
China's legislators outlined a sweeping government reorganization plan last week, in which the central bank's banking supervisory functions are carved out to create a separate banking regulatory commission.
China continues to open foreign banks to RMB business2003-01-07
A People's Bank of China (PBOC) spokesman said on January 7 that gradually allowing Renminbi business at foreign banks was an important promise China made when joining the World Trade Organization (WTO), and the country would continue to steadily meet this commitment.
Symposium on legal services opens2002-09-19
China will establish a system of foreign-related business laws and regulations in line with World Trade Organization (WTO) principles to create a unified, transparent and non-discriminating legal system.
China makes progress in opening up service trade2002-07-31
China has made marked progress in opening up its service trade, said Gao Yan, spokeswoman for the Ministry of Foreign Trade and Economic Cooperation (MOFTEC), in Beijing on July 30.
Officials mull bank service charge plan 2002-04-24
The authorities are considering allowing Chinese banks to charge for their services in an effort to improve their overall competitiveness.
Leading firms bank on China's potential 2002-04-15
The huge market potential of China -- the door to which opened wider on its entry into the World Trade Organization last year -- has prompted the world's leading investment banks to redouble their presence in the world's most populous country.
China to boost service industry2002-04-08
Chinese Vice-Premier Wen Jiabao Friday called for the development of China's service industry, saying that the service industry is an important driving force for China's economy and a major solution to the serious employment issue.
Beijing issues guidelines on foreign investment in service industry 2002-03-28
The Beijing municipal government has drawn up guidelines on foreign investment in the tertiary industry, which are expected to take effect on April 1.
Private firms to benefit from WTO 2002-03-28
Private companies in China are facing enormous development opportunities now that China has become a member of the World Trade Organization.
Citibank reels in first mainland customers2002-03-22
Citigroup, the world's largest financial conglomerate, received its first Chinese customer in Shanghai on Thursday, making it the first wholly foreign-owned bank to gain direct access to domestic clients.
HK's BEA gets OK to offer foreign currency service in mainland 2002-03-21
Bank of East Asia Ltd Wednesday said it obtained official approval to offer foreign currency services to all types of customers in the mainland, including local enterprises and local residents.
PBOC licenses two Taiwan banks to roll on to mainland2002-03-12
Two Taiwan-based commercial banks have been officially given the green-light to open offices on the mainland, making them the first Taiwan-based banking companies to be set up in the Chinese mainland.
NPC deputy warns of brain drain after WTO entry2002-03-11
Chinese enterprises should be fully aware of the challenge of losing talented people to foreign- funded companies now that China is a member of the World Trade Organization (WTO), said a deputy to the National People's Congress (NPC).
Chinese banks confident in post-WTO era 2002-02-26
China's hard-earned World Trade Organization membership may not prove as disastrous for its banks as was widely thought previously, banking analysts in Shanghai say.
Foreign banks go for Renminbi business 2002-02-21
Four foreign banks in Tianjin have applied since January to the People's Bank of China to conduct Renminbi business, according to a local bank official.
China opens assets pool to overseas investors2002-02-17
A state-owned asset management company has opened nearly 11 billion yuan (US$1.34 billion) worth of non-performing assets from its newly-established "assets pool" to overseas investors.
Conference-exhibition industry to be further developed in Beijing2002-02-06
Beijing plans to further develop its conference and exhibition industry in the coming years,allowing abundant opportunities for international investors.
China adopts new policy for faster growth of service industry2002-02-06
The State Development Planning Commission has decided to take new measures to push ahead with the development of the service trade during China's 10th five-year plan period (from 2001 to 2005).
China limits overseas investment in media 2002-01-17
Chinese regulatory authorities are working on operational rules to guide the fund-raising activities of domestic news media.
China stresses reform of media, broadcast, film & television 2002-01-16
State department officials have stressed that it is now imperative to seize opportunities to deepen the reform of and speed up the development of the press, publishing, broadcasting, film and television in China.
China to speed up opening of travel service industry 2002-09-24
Now that it is a full-fledged member of the WTO, China will speed up the opening of its travel service industry, vice-premier Qian Qichen said Tuesday in Haikou.
Domestic banks losing market - report 2002-01-07
Domestic banks may have to hand their profitable consumption credit business to foreign rivals on a plate, if they do not strengthen the service in this aspect immediately, an Outlook Weekly article warned.
China's banking sector faces post-WTO challenges 2002-01-01
China's banking sector has taken concrete steps already to meet the challenges brought about by the country's accession to the World Trade Organization (WTO).
China becomes leading tourist market and destination 2001-12-18
China is now the fifth most popular tourist destination in the world and is to become the first in 15 years, according to the World Tourism Organization.
WTO entry demands legal professionals 2001-12-17
China's membership of the World Trade Organization will usher in a new era for the legal world, according to an international forum held in Beijing at the weekend.
Duty-free sector expects growth after WTO entry 2001-12-13
Experts attending the National Duty-Free Conference Wednesday agreed that China's duty-free industry will develop more quickly after the country became a formal member of the World Trade Organization. After China enters the WTO, the thriving tourism industry will provide more opportunities for the duty-free industry. The influence of China's duty-free industry will strengthen day by day in the Asia-Pacific region.
WTO to bring fair play to China's insurance industry 2001-12-13
With its entry into the World Trade Organisation (WTO), China's huge domestic market is opened up, and it would be a fair play with domestic life insurance companies against joint venture companies, according to Victor Apps, executive vice president and general manager for Asia of Manulife Financial.
China announces securities sector's promises to WTO 2001-12-12
The China Securities Regulatory Commission (CSRC) announced Chinese securities sector's major promises to the World Trade Organization (WTO) Tuesday when China formally became a WTO member December 11.
China opens up insurance sector in all-round way - official 2001-12-12
China will gradually open its insurance industry in an all-round way, following its entry into the World Trade Organization.
China to allow renminbi business for overseas banks in Shanghai, Shenzhen 2001-12-10
China will open further to foreign-funded financial institutions now that it has been admitted to the World Trade Organization (WTO).
China's fund industry to face WTO challenges2001-11-29
The first major shock to China's securities market following the country's entry into the World Trade Organization will be felt by the fledgling mutual fund industry, said Laura Cha Shih May-lung, vice-chairwoman of the China Securities Regulatory Commission (CSRC) in Beijing.
China's mobile phone industry to be boosted after WTO2001-11-27
China's mobile phone industry will take advantage of the country's WTO entry to grab more market shares, the head of China's TCL Mobile Telecommunications Co. Ltd. vowed in Fuzhou, provincial capital of East China's Fujian.