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Introduction Officials, ambassadors, media veterans and scholars attend the forum to share their thoughts on how the Regional Comprehensive Economic Partnership agreement will propel regional cooperation in Asia. The event is jointly organized by the publicity department of the Hainan provincial government, China Daily, the China Institute for Reform and Development, and Institute for Free Trade Port with Chinese Characteristics.
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Port business environment gets a new facelift
As the RCEP trade agreement is planned to go into force next year, the General Administration of Customs has been working on a slew of measures, in a move to build up a market-oriented, legalized and internationalized port business environment, said Dang Yingjie, deputy director-general of the National Office of Port Administration.
By Reuters Staff
(Adds more details, background)
BEIJING, May 6 (Reuters) - China set an initial quota of 150 billion yuan ($23.2 billion) for transactions under its Wealth Management Connect scheme that links southern Guangdong province with offshore centres Hong Kong and Macau, according to draft rules published on Thursday.
The cross-border pilot scheme, announced a year ago, allows residents of the two offshore centres and those in nine cities in Guangdong to buy financial products in the other markets.
Net cash flows in either direction must not exceed 150 billion yuan and the individual investment quota is 1 million yuan, according to draft rules published by China’s central bank.
China greenlights four sci-tech innovation IPOs
05 May 2021, 17:18 GMT+10
BEIJING, May 5 (Xinhua) China s securities regulator has approved the initial public offerings (IPOs) of four companies on the science and technology innovation board. Chengdu Shengnuo Biotec Co., Ltd., Shandong Kehui Power Automation Co., Ltd., Shanghai Haoyuan Chemexpress Co., Ltd., and Guangdong Greenway Technology Co., Ltd. will be listed on the Shanghai Stock Exchange s sci-tech innovation board, commonly known as the STAR market, according to the China Securities Regulatory Commission. The companies and their underwriters will confirm the IPO dates and publish prospectuses following discussions with the stock exchange. The STAR market, inaugurated in June 2019 and designed to support companies in the high-tech and strategic emerging sectors, has eased listing criteria but adopted higher requirements for information disclosure.
2021-05-05 06:50:56 GMT2021-05-05 14:50:56(Beijing Time) Xinhua English
BEIJING, May 5 (Xinhua) China s securities regulator has approved the initial public offerings (IPOs) of four companies on the science and technology innovation board.
Chengdu Shengnuo Biotec Co., Ltd., Shandong Kehui Power Automation Co., Ltd., Shanghai Haoyuan Chemexpress Co., Ltd., and Guangdong Greenway Technology Co., Ltd. will be listed on the Shanghai Stock Exchange s sci-tech innovation board, commonly known as the STAR market, according to the China Securities Regulatory Commission.
The companies and their underwriters will confirm the IPO dates and publish prospectuses following discussions with the stock exchange.
The STAR market, inaugurated in June 2019 and designed to support companies in the high-tech and strategic emerging sectors, has eased listing criteria but adopted higher requirements for information disclosure. Enditem