Economic Observer News- China business, politics, law, and social issues

MINE ACCIDENT: 38 People Killed in Mine Accidents; Since July 17, four mine accidents have occurred in China, resulting in 38 deaths and leaving another 13 people trapped. The owner of a mine in Hancheng City, Shanxi Province, where a mine fire claimed 28 lives has been arrested; all the mines in Hancheng have been forced to stop production and are currently undergoing inspection.; Yanzhao Metropolis Daily | 2010-07-19

LAW: Public Sentencing in a Chinese City; Ten individuals were sentenced in Loudi City, Hunan province watched by 6,000 local residents including their relatives and acquaintances.; Global Times | 2010-07-15

MIGRANT WORKERS: Survey Shows New Generation of Migrant Workers Unwilling to Go Back to their Hom...; Approximately 99% of second generation migrant workers working in Shenzhen City are unwilling to return to their hometowns and become farmers, according to a survey of 5,000 second generation migrant workers conducted by the Shenzhen general labor union.; Southern Daily | 2010-07-15

MEDICINE: 98 People Ill After Taking Preventive Medicine; After a resident of Neijiang City, Sichuan province returned from working abroad with Falciparum malaria, local residents took malaria medicine to prevent them from contracting the disease. The preventive medicine has resulted in the illness of 98 people, 3 of which are in critical condition, and is responsible for the death of one person.; The Beijing News | 2010-07-15

EDUCATION: China to Tackle Inadequate Number of Kindergartens; More state-owned and privately-owned kindergartens will be established to solve the problem of China's lack of kindergartens, Premier Wen Jiabao stated at the National Education Working Meeting held on June 13 and 14 in Beijing. He also said China would promote private education and increase efforts to provide equal legal status for students and teachers in both public and private schools.; The Beijing News | 2010-07-15

PROPERTY MARKET: Chinese Government Restates Determination to Curb Property Bubble; To curb the rumor that banks will resume providing loans for third-home buyers and the State-owned Asset Supervision and Administration Commission (SASAC) is ordering centrally-owned enterprises (COE) to buy land, the Ministry of Housing and Urban-Rural Development and China Banking Regulatory Commission stated yesterday that they were still tackling speculative behaviors in property market; the S...; The Beijing News | 2010-07-13

TAXATION: China Plans to Give Preferential Tax Policies to Emerging Industries; The Ministry of Finance and the State Administration of Taxation are co-conducting an investigation on providing preferential tax policies for emerging industries a reporter with Economic Daily learned from an anonymous official. If the information provided is correct, these preferential policies will be issued in August.; Economic Daily | 2010-07-13

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China's GDP Grows 11.1% in First Half of 2010: China's gross domestic product (GDP) registered a year-on-year increase of 11.1 percent in the first half of 2010.; Source:The National Bureau of Statistics

China's First Privately-owned English Language Television Network BON ...: We are private, we did not take a penny from the government.; Source:Economic Observer

INTERVIEW: Interview with Managing Director and Deputy Head o...; The EO is currently in Europe interviewing government employees, market figures, and local...