BIZCHINA / Weekly Roundup
Record trade surplus
(China Daily)
Updated: 2006-07-17 11:33
Defusing missile tension
President Hu Jintao said last week that China opposes any action that may
aggravate tension on the Korean Peninsula after Pyongyang's missile tests
and urged for dialogue to solve the crisis.
He made the remarks when meeting with Yang Hyong-sop, vice-president of
the Presidium of the Supreme People's Assembly of the Democratic People's
Republic of Korea (DPRK).
Hu said China, as a close neighbour of the DPRK, is seriously concerned
over its test-firing a barrage of missiles two weeks ago, which he
described as "new complicated factors" on the peninsula.
Real estate consistency
The Ministry of Construction, the National Development and Reform
Commission and the State Administration for Industry and Commerce have
issued a joint circular calling for a crackdown on irregular practices in
real estate sales.
The circular, issued last week in Beijing, warns that developers who
violate the rules might have their licences revoked.
It orders local authorities to tighten their supervision over the market,
including disclosing real-time sales information on all housing projects
on the Internet as well as at the sales offices of each project.
The circular tightens control over real estate advertisements and
exhibitions, banning developers with bad records from taking part in
shows and promotional activities
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