China issues new guideline to strengthen price governance mechanism | News from Xinhua

    04-03, 2025

    China has unveiled a guideline to further deepen price reform and improve the price governance mechanism.The guideline was issued by the General Office of the Communist Party of China Central Committee and the General Office of the State Council.It aims to improve the market price formation mechanism to promote efficient resource allocation, the price guidance mechanism for key areas' development and security, the price regulation mechanism to maintain reasonable price levels, and the transparent and predictable market price supervision mechanism.China will enhance the market price formation mechanism by deepening market-oriented price reform, accelerating the market construction of key areas and creating a competitive and orderly market environment.Price guidance will target five critical areas: agricultural products to ensure food security, energy pricing to support green transition, public utilities for sustainable development, public services for equitable access, and innovative pricing approaches for safe and efficient public data utilization.Control over the overall price level will be strengthened through better synergy between price policies and fiscal, monetary, industrial, and employment policies. Additionally, efforts will be made to strengthen the price stability of important commodities.The guideline will further optimize the market price supervision mechanism, create a transparent and predictable regulatory environment for business entities, and protect the legitimate rights and interests of consumers.Notice: the content above is transformed from Xinhuanet, just for information sharing.We respect your intellectual property right and your other lawful rights. As any content here violates any of your lawful rights, please contact us, and we will delete related content.

    Longgang District of Shenzhen was ranked as the nation’s 10th worthiest district for venture and investment

    04-02, 2025

    2025 ZGC Forum Annual Conference took place from March 27 to March 31. It’s introduced that the 5-day conference was hosted by Ministry of Science and Technology of PRC, National Development and Reform Commission, State-owned Assets Supervision and Administration Commission of the State Council, Chinese Academy of Sciences, Chinese Academy of Engineering, China Association of Science and Technology, and the People’s Government of Beijing Municipality. It was centered on the theme -- “New Quality Productive Forces and Global Science and Technology Cooperation”. During the five-day term, over 100 events and activities were held, attracting over 1,000 scholars and professionals all over the world to have communication and make their suggestions on the innovative development of global science and technology.As a component of 2025 ZGC Forum Annual Conference, “AI Future Seminar: Innovation, Investment and Globalization” was held in Beijing on March 31.At the seminar, “CVINFO List of China’s Worthiest Towns and Districts for Venture and Investment ” was released. The List was based on the business and investment environment and the development of the nation’s country-level regions and independent economic zones, whose GDP exceeds 100 billion yuan.On the List, 4 districts in Guangdong Province are placed among the top 10. In detail, Nanshan District of Shenzhen Municipality was ranked in the 3rd place, Bao’an District of Shenzhen Municipality in the 4th place, Tianhe District of Guangzhou Municipality in the 8th place, and Longgang District of Shenzhen Municipality in the 10th place. 

    The 21st ICIF is on the way!!!

    03-28, 2025

    Organizing Committee of China (Shenzhen) International Cultural Industry Fair (ICIF) announced on March 24 that the 21st ICIF is scheduled to take place at Shenzhen World Exhibition&Convention Center from May 22 to May 26.There would be 8 off-line exhibition halls, with the exhibition area totaling about 160,000 square meters.It is introduced that the ICIF of this year would still be comprised of specialized exhibitions and comprehensive exhibitions. Specifically, the comprehensive exhibitions mainly could be divided into comprehensive exhibitions of cultural industry and GBA (Guangdong-Hong Kong-Macao Greater Bay Area) exhibitions of innovative cultural industry. The specialized exhibitions would cover various fields as “international cultural trade” “cultural consumption & integrated culture and tourism” “art design & fashionable life & cultural science and finance” “film and television & copyright & games and electronic sports” “intangible cultural heritage and craft art”.Specially on the online platforms of the 21st ICIF, the cultural products and items would be displayed category by category in accordance with the off-line exhibition sections and exhibition halls they belong to, so as to promote the online trade and make ICIF an everlasting digital and intelligent one.Notice: some information is sourced from the publicly-open news on the official website of ICIF.We respect your intellectual property right and your other lawful rights. As any content here violates any of your lawful rights, please contact us, and we will delete related content. 

    Inauguration Ceremony of New Quality Productive Force Development Branch of CVMA held in Shenzhen

    03-24, 2025

    Recently, the Inauguration Ceremony of New Quality Productive Force Development Branch of Chinese Veterinary Medicine Association (CVMA) was held in Shenzhen.Over 70 attendees from the institutions like Shenzhen Administration for Market Regulation, Chinese Veterinary Medicine Association (CVMA), Shenzhen Municipal Agricultural Products Testing Center, witnessed the event.Shenzhen has attached great importance to the development of pet industry, while contributing various efforts to the industrial arrangement. Nowadays, Shenzhen’s pet economy shares a steady and promising development tendency. Last year, Shenzhen’s pet industry hit a volume of about 10 billion yuan, with about 88,000 pet enterprises and relative businesses serving over 1 million pets in the city. It could be said that Shenzhen has been a base of great significance for the development of pet industry, emphasized in the speech by Hong Juan -- an authority from Shenzhen Administration for Market Regulation.Xin Shengpeng , executive vice president of CVMA, gave his speech at the ceremony. Xin expressed that Shenzhen could offer an extraordinary research and experiment ground for innovating new quality productive forces in veterinary medicine sector. He hoped that the New Quality Productive Force Development Branch of CVMA could fully play the role as a bridge, contributing to the accelerated application and commercialization of relevant sci-tech achievements, and to the industrial problem-solving. It is wished that the Branch could start its journey from Shenzhen and spread its influence to the whole nation, assisting animal husbandry in developing the new quality productive forces available.The foundation of New Quality Productive Force Development Branch of CVMA could not be without the support from Shenzhen Administration for Market Regulation and CVMA, signifying the solid progress that the nation’s veterinary industry made in developing new quality productive forces. The Branch would promote the prosperity of pet industry in Shenzhen and other parts of the nation, while facilitating the high-quality transformation and upgrading.Notice: some information is sourced from the official website of CVMA.Here, we respect your intellectual property right and your other lawful rights. As any content here violates any of your lawful rights, please contact us, and we will delete related content.