IN BRIEF (Page 13)

Pioneering HK bond program

IFC, a member of the World Bank Group, will launch a pioneering program of yuan-denominated bonds in Hong Kong, using the proceeds to finance private sector projects in support of China's rural development and cleaner production.

In October 2005, IFC became the first international financial institution to issue Panda Bonds, yuan-denominated bonds from a non-Chinese issuer sold in China's domestic bond market.

Luxury summit confirmed

Media services provider China Decision Makers Consultancy will hold the Inno-luxury Summit in Shanghai from Nov 18 to 19.

The event will focus on utilizing technological innovation to accomplish design, communication and retailing objectives for luxury brands.

The summit will also feature a product showcase, jewelry exhibition, an awards ceremony and a banquet.

China Daily

(China Daily 10/20/2010 page13)