Taxation revenue in the first 10 months of 2002 totalled Yn1,4195bn, 13.4 per cent more
than in the same period of 2001, Xinhua reported.
Hong Kong banks lent HK$333m (US$43m) to buyers investing in mainland properties
in September 2002, compared with HK$120m in August, Bloomberg reported.
An EMBA programme sponsored by Bank of China, Central University of Finance and
Economics and City University of London was launched in October 2002.
The State Council Office for Economic Restructuring is to be abolished, reported South
China Morning Post. Sources said the 80-member department was no longer needed after
China’s admission to the WTO and was in line with efforts to cut bureaucracy.
The full tender period for Beijing Olympic Games contracts will run from February to
July 2003. A networking opportunity is provided by a three-day exhibition and conference
on sport infrastructure to be held at Beijing’s World Trade Center from January 22-24.