China is set to officially announce the establishment of a new powerful government agency to act as the highest office in charge of the country's energy issues.
One year after the introduction of a law that aimed to put limits on the power of large state-owned monopolies, lawyers and policy makers are worried that it's actually led to a decline in the level of market competition.
The State Administration for Industry and Commerce is planning to strengthen supervision of the resident representative offices of foreign enterprises in China.
While ordinary people complain that they can't afford property and call on the government to help reduce prices, the government relies on land sales for a large fraction of their revenue and therefore have an interest in maintaining high prices.
Despite CISA's attempts to obtain lower iron ore prices from the three big mining companies, they soon realised that the "bottom line" of their negotiating position was being leaked.
China will start accepting applications from companies interested in listing on Shenzhen's soon-to-be-established Growth Enterprise Board (GEB) from July 26.
Economic issues are poised to dominate China's nine-day political advisory conference, which opens on Tuesday and attended by over 2,100 delegates nationwide.
The boards of directors of Chinese state-owned firms are to gain more power in making independent decisions, and the communist party committee to assume a supervisory role, says a recent government circular.
What key leaders will be setting policy at top Chinese government agencies in 2009? In this two-part series, the EO takes a brief look at the people, agencies, and challenges shaping the new year.
