China Economic ReviewThe listed arm of Sanjiu Enterprises, China's largest pharmaceutical group, has been fined Yn500,000 and its directors between Yn30,000 and Yn100,000 each for failing to disclose information, South China Morning Post said. A routine investigation by the China Securities Regulatory Commission last year found Shenzhen-listed Sanjiu Medical and Pharmaceutical had not disclosed large transactions with […]
The Ministry of Health has announced that rules requiring safety permits for genetically modified products would take effect at the beginning of June, Associated Press reported. This appeared to contradict earlier assurances that the rules would be phased in gradually to avoid disrupting trade. Industry sources said that the ministry had previously promised to give […]
Regulations laying new responsibilities on employers to prevent, and provide compensation for, occupational diseases came into force in May, China Daily said. Employers now have the duty to create an understanding of occupational hazards as well as provide safety equipment for their staff. Those who fail to do so may be punished. In addition, | […]
American fitness-centre operator Bally has set up a joint venture with China Sports Industry Co to set up health clubs in China. The first Bally-branded club opened in central Beijing in May and the venture will develop additional clubs in Beijing, Shanghai and other coastal cities. According to Bally, the awarding of the 2008 Olympics […]
Up to 850,000 people in China were infected by the HIV virus at the end of last year, according to figures compiled by the national disease control centre and reported by Xinhua. This is significantly higher than the previous estimate of 600,000 published in 2001. The number of full-blown Aids cases was estimated at 200,000, […]