Briefly Sept 22, 2011

Updated: 2011-09-22 08:12

(China Daily)

  Comments() Print Mail Large Medium  Small 分享按钮 0


Capital plans new metro lines

Beijing's urban planning authority released the route maps for two new subway lines and two extensions on Tuesday.

The new Line 14 will connect Chaoyang district in the northeastern part of the city with Fengtai in the southwest in a reversed "L" shape. The line will start operating in 2014.

Another new line, connecting the city's urban area with Xiangshan Mountain, will be ready by 2013.

Law to regulate judicial sales

A new law to regulate local courts on the process of judicial sales will come into effect on Jan 1, 2012, the Supreme People's Court said on Wednesday.

The law, which took two years to develop, will standardize the assessment and auction processes for properties involved in legal cases.

Wang Shaonan, a spokesman for the Supreme People's Court, said courts should set up a separate administrative section to manage judicial sales. A lottery system will be used to choose auctioneers from qualified candidates to ensure fairness. The court also said an online bidding platform will be introduced to make auctions more transparent.


Forum promotes delta economy

The seventh Pan-Pearl River Delta Regional Cooperation and Development Forum, China's largest regional cooperation platform, opened on Wednesday in Nanchang, capital of East China's Jiangxi province.

The forum, which began in 2004 and covers a geographical area that produces about one-third of the country's GDP, aims to stimulate the economy in the Pan-Pearl River Delta Region, which includes Hainan, Yunnan, Hunan, Guangdong, Jiangxi, Fujian, Sichuan and Guizhou provinces, the Guangxi Zhuang autonomous region as well as Hong Kong and Macao.

China Daily-Xinhua