英文要目

Beijing to Continue with Property Market Control

Source from Beijing government confirmed firm stance on property market control in Beijing and vowed to keep in place measures such as bans on third-home purchases in long term. Property tax trials won’t be introduced to Beijing currently and Beijing won’t apply for the property tax trial on its own initiative.

FTA Needs Tolerance

At the Seventh East Asia Summit， a consensus was reached on launching negotiations for the China-Japan-Republic of Korea Free Trade Area， which came as a surprise under the background of maritime territorial disputes between China and Japan. However due to many uncertain factors， it will be difficult for them to pursue common development in a simple and unified way. Tolerance should be put in the first place to make achievements in resolving comprehensive problems among these countries.

Chery’s Salvation

Construction of a joint venture project between Chery and Britain-based Jaguar Land Rover （JLR） started in Changshu， Jiangsu Province on November 18th. Chery signed cooperation agreements with Guangzhou Automobile Group to engage in a wide range of areas including research and development， overseas business and production management. Some insider pointed out that Chery has relied on the government’s subsidy for a long time and great risks exist.

Domestic MRI Companies to Get Support

Chinese MRI companies will see development chances soon. A supporting policy made by the National Development and Reform Commission， the Ministry of Industry and Information Technology， and the Ministry of Science and Technology is expected to be published by the end of this year， which will declare that RMB 1.5 billion will be allocated to promote the industrialization of new products and the application of new technology in China’s medical instruments field.