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

ENVIRONMENT: NDRC to Encourage Financing of Environmental and Low Energy Companies; Xie Zhenhua, deputy director of the National Development and Reform Commission (NDRC), was yesterday quoted as saying that environmental protection is a strategic industry and that the central government plans to support such companies by way of assisting them with the issuance of corporate bonds and financing.; Securities Daily | 2009-11-09

HEALTH: Corporal Punishment Prohibited in Treatment of Underage Internet Addicts; Corporal punishment, detention or harmful surgery are prohibited in the treatment of minors who are diagnosed as Internet addicts, officials with the Ministry of Health announced yesterday.; Beijing News | 2009-11-06

STOCK MARKET: Suspicious Trading on Shanghai Stock Exchange Investigated; The Shanghai Stock Exchange has investigated and dealt with 183 cases of "unusual transactions" in the third quarter of this year. It also publicly condemned three listed companies and their principals, and circulated a notice of criticism to 21 other companies and their directors.; Shanghai Securities News | 2009-11-06

FINANCE: Fifth Beijing International Financial Expo Opens; Around 130 financial institutes attended the opening of the fifth Beijing International Financial Exposition yesterday. During a speech to mark the occasion, Guo Qingping, assistant governor of the People's Bank of China, reiterated the bank's policy of maintaining a relatively loose monetary policy and abundant liquidity.; Beijing News | 2009-11-06

HEALTH: Official Probe Launched into Medical Malpractice at Major Beijing Hospital; China's Ministry of Health yesterday evening stated that it would order the Beijing Municipal Health Bureau to investigate a case of alleged medical malpractice which resulted in a medical professor from Peking University dying of complications during routine operation at Peking University's First Hospital in 2006. The hospital has beenaccuesed of engaging unlicensed post-graduate students from Pe...; The Beijing News | 2009-11-05

SECURITIES: Securities Regulator to Prevent Former Staff from Jumping to Private Sector; China Securities Regulatory Commission (CSRC), issued new rules yesterday aimed at regulating the behaviour of current and former staff of the securities regulator. The new regulations will prevent employees who leave the commission from immediately taking up a new post in any entities under the supervision of the CSRC.; China Securities Journal | 2009-11-05

DISNEYLAND: The Disneyland Effect: Neighboring Property Prices Skyrocket; Today's issue of Oriental Morning Post has a special report on the influence of the construction of the Shanghai Disneyland project. According to the report, the price for land plots near the project site have already begin to shoot up.; Oriental Morning Post | 2009-11-05

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Hu Shuli's Successor at Caijing Confirmed: Sina reports that He Li, former editor in chief of China Business Weekly and one of the founding editors of The Economic Observer, has been appointed to replace Hu Shuli as Caijing's editor in chief.; Source:SINA

Economic Indicators for October: China's Economy Continues to Strength...: The release of major economic indicators for October revealed that China's economy is continuing to display signs of strengthening growth.; Source:National Bureau of Statistics

NATIONALISATION: Advance of the State; A look at the recent growth in the role of government and state-owned enterprises in a ran...