No. 338, Oct. 22(2)

By English edition staff
Published: 2007-10-23

Tianjin Nurturing High Tech Enterprises
Nation, page 9
Tianjin local government will fork out some one billion yuan per year in taxes on behalf of high technology enterprises to the central government starting next year. The five-year incentive seeks to nurture such businesses in the new Binhai Industrial Park.   
Original article: [Chinese]

New Force in Financial Sector: Pawn Business
Nation, page 11
Zhejiang province plans to make pawn businesses a new, significant force in providing credit. Sources say is it suggested that pawn businesses seek public listing in order to raise more funds and strengthen its capacity to provide loans.
Original article: [Chinese]

High-Frequency Transactions for China Post Fund
Money & Investment, page 23
The EO looks into the curiously high frequency of transactions in the China Post Fund, which has had a net worth increase of 215% thus far. We discuss the worrisome trend of new fund management companies expanding rapidly in too short a time. 
Original article: [Chinese]

Restructuring Leads to Chaos   
Corporation, page 25
The EO investigates Wuhan Machine Tool Works, whose restructuring has gone awry. The company, which was bought by a foreign investor two years ago, is shrouded in scandal following accusations of contract violation, questionable lay offs, and illegal financial transactions. As a result, the authorities have launched a cross-border investigation.
Original article: [Chinese]

China's Constitution in the early 20th Century
Observer, page 45
Observer takes a retrospective examination of the Chinese constitution in the early 1900s, its inspirations, and its failures. The constitution was drafted after the Xinhai Revolution in 1911, which ended the monarchy system in China.
Original article: [Chinese]

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