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Credit growth may slow

Tighter monetary conditions with slower credit growth are possible in China next year, given expectations of higher domestic inflation and continual interest rate hikes in the world's major economies, when liquidity risks become the top concern, according to economists. Zhu Haibin, chief China economist with JPMorgan Chase & Co, expects the Chinese monetary authority to retain...
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Online Tax System Benefits FTZ Enterprises

Shanghai Free Trade Zone is introducing the so-called Internet Plus taxation system to save the time and costs of local enterprises.   The Shanghai FTZ Tax Bureau is promoting online tax services with 20 measures, including online credit rating system, paperless tax refund procedure, and online supervision of foreign...
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