The PRC State Council recently released China's 2009 holiday schedule.
China Market Intelligence
Throughout the year, China has been abuzz with discussions on the Scientific Outlook on Development. The term refers to Chinese Communist Party (CCP) General Secretary Hu Jintao's political theory behind a more egalitarian growth model, compared to the coastal-led growth model under Jiang Zemin, which featured widening urban-rural development and income disparities.
US government officials recently updated US-China Business Council (USCBC) staff on details of the investment forum that US and PRC government officials held in Beijing on December 3. The interagency forum provides an opportunity for US and PRC officials to discuss how investment policies are made and reviews are conducted in each country.
The State Council announced several mid-level personnel appointments this month, including the appointment of new vice ministers of Commerce, Education, and Culture and appointments at comparable levels in the General Administration of Customs and State Council Research Office.
China will issue its first third-generation (3G) mobile telecom technology licenses by early 2009, according to Li Yizhong, minister of Industry and Information Technology.
While food safety concerns dominate food-related headlines in China, PRC policymakers continue to focus attention on a separate, equally important agricultural issue: food supply.
As the economic crisis has accelerated in the United States and Europe over the past two months, the PRC government has become increasingly concerned about the impact of the crisis on China's economy.
After falling steadily over the past six years, unemployment is on the rise again in China. China's top leadership indicated during meetings in late October with the US-China Business Council board of directors that unemployment is a significant concern.
After much anticipation and speculation, on December 5 China released a plan for comment on oil pricing and fuel tax reform.