Thursday, March 31, 2011

5 Key Methods to Curb China Inflation

China CPI (Consumer Price Index) has stayed at a high level of +4.9% YoY in both January and February this year. As the inflationary pressure remains high, China premier Wen Jiabao mentioned in his Government Work Report released on 5 March 2011 that there are top 10 focus areas
Thursday, March 24, 2011

Chinese Government Key Targets and Work Plan for this Year

In our previous article China's 12th 5-Year Plan and Government Work Report, we mentioned that Chinese premier Wen Jiabao has outlined his Work Plan for 2011 following the 12th 5-Year Plan in his Government Work Report that released on 5 March 2011. While the 12th 5-Year Plan is only the initial part (Part I) of the Government Work Report, we are now going to introduce
Thursday, March 17, 2011

12th 5-Year Plan and Government Work Report

China, as a country adopted to planned economy, is used to establishing plan for its entire country every 5-year since 1953. The latest one, which has been recently delivered on 5 March 2011 by China premier Wen Jiabao to the National People's Congress (NPC) along with his Government Work Report (also called the "Report on the Work of the Government"), is the 12th 5-Year Plan (or called "Twelve Five-Year Plan") in Chinese history and is to be effective
Thursday, March 10, 2011

Internal Auditing for Quality Control

Here let us brief our internal audit system for website quality control.

Today, we write to response to a smart reader who wrote by email to ask us why there was a sudden statement "Written by: Independent Internal Audit (IIA) Team" at the end of our article An Important 2010 Internal Review for you. We promised to simply call him Mr. W, not to disclose
Thursday, March 3, 2011

Beijing Restricts Foreign Property Purchases

On 15 February 2011, Beijing local government approved the so-called "Beijing 15 Articles" which restricts property purchases by foreigners. Home purchases of non-permanent residents who cannot provide tax proofs or social insurance contributions for a continuous 5-year period are now totally banned in Beijing.

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