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release time: 2020 - 05 - 22
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Yangshan Special Comprehensive Bonded Area was officially unveiled on Saturday, marking another major step forward in China in terms of a deepened and overall opening-up.Located in the Lingang Special Area of the China (Shanghai) Pilot Free Trade Zone, Yangshan was approved by the State Council on Jan 17 to be upgraded into a special comprehensive bonded area, which is the only one of its kind in the country up to this date.According to Li Guo, deputy head of the General Administration of Customs, a special supervision guideline has been drafted for the Yangshan Special Comprehensive Bonded Area to implement opening-up policies and mechanisms which are competitive worldwide.To that end, unnecessary trade supervision, permits or processes will be eliminated while taking safety and efficienc...
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BEIJING - As a vital step in easing market access for foreign investors, China has announced opening up the upstream exploration of its oil and natural gas resources by scrapping joint-venture restrictions.Taking effect on July 30, the move aims to attract overseas participation in the field and advance the country's ongoing reform of energy systems.Spurred by the growth in energy consumption, China has become the world's largest importer of crude oil and natural gas, with its dependency on foreign crude oil and natural gas hitting 69.8 percent and 45.3 percent, respectively, in 2018, accordin...
发布时间: 2019 - 08 - 15
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BEIJING - China's wind and solar capacity additions recovered as recent policies cleared the wait-and-see approach of many renewable companies, Fitch Ratings says in its latest report.New solar installation recovered in the second quarter as solar projects approved in 2018 were required to start operations before July 2019 to qualify for a higher feed-in tariff.Meanwhile, wind capacity additions, which were 58 percent higher in the second quarter from the same period last year, are likely to maintain growth throughout the year as wind-farm developers are rushing to finish projects before 2020 ...
发布时间: 2019 - 08 - 14
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Ever since the State Council, China's Cabinet, announced on Tuesday that the China (Shanghai) Pilot Free Trade Zone would be expanded to include the Lingang New Area, Song Changjun has been bombarded with phone calls and messages from local real estate agencies touting apartments and even villas in the area.But the 34-year-old Song, manager of an information technology company registered in Lingang six years ago, was not much interested in property. Nonetheless, the calls and messages worked.Three days after the expansion plan was announced, Song stopped by the administrative service center — ...
发布时间: 2019 - 08 - 12
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