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The Chinese film industry's top regulator will strictly implement the regulations for international co-productions, a senior official has said.

Zhang Pimin, deputy head of the State Administration of Radio, Film and Television, said the administration has noticed a tendency in international co-productions that may harm the local film industry. "A complete American story with a small Chinese el
Ping An says eyes online insurance JV with Alibaba, Tencent

Ping An Insurance (Group) , Chinese Internet firms Alibaba Group and Tencent Holdings, and other shareholders are forming a joint venture company to sell insurance online, Ping An's chairman said on Friday.
"We will use Alibaba and Tencent's Internet strength to cooperate in the insurance industry,'' Peter Ma said at a press conferen
THE former World Expo site in the Pudong New Area is fast becoming a hub of corporate headquarters, and yesterday two more state-owned enterprises broke ground on new office buildings there.

Beijing-based Sinochem Group and China Changjiang National Shipping Group will build two buildings, 70 meters and 50 meters high respectively, in Zone B of Expo 2010 and move their operation centers there
HANGHAI'S downtown has grown so crowded that the current population density is up to fourfold that of its foreign counterparts, and the city may be running out of resources to support its swelling population in three years, a recent investigation by the city's top advisory board says.

Currently, in each square kilometer of land in downtown Shanghai, there are 16,828 people. That's about 2.4 ti
Asian operation to make the third Kung Fu Panda movie in China

DreamWorks Animation, the US film company, has announced plans to build a $3.14 billion theme park in Shanghai, to bolster its presence in the booming local entertainment market.

The studio's newly formed China joint venture, Oriental DreamWorks, is scheduled to open the theme park in 2016, said the creator of hits like Shrek an
CHINA has decided to expand a value-added tax reform trial to 10 cities and provinces after August 1 to boost the service industry and reduce the tax burden on businesses.

Companies in transportation and some "modern service" industries in Beijing, Tianjin, Shenzhen and Xiamen cities, as well as the provinces of Guangdong, Jiangsu, Zhejiang, Anhui, Fujian and Hubei, will separately start payin
A VISA-FREE policy allowing travelers to stay in Shanghai for 48 hours before leaving for their next foreign destination may be extended, the city's border police said yesterday.

Under consideration is a change in policy which would allow the time period to be 72 hours.

The visa-free policy is seen as part of the city's efforts to attract more travelers and visitors and enhance Shanghai's r
TAIWAN-BASED Rock Records Co Ltd has filed a lawsuit against the parent company of a local bookstore, accusing it of selling pirated CDs that had infringed on its copyright, the Shanghai No.2 Intermediate People's Court heard yesterday.

The plaintiff said it found a chain of Xinhua Bookstore was selling pirated CD albums of Taiwan pop singer Emil Wakin Chau in January 2010.

The album, price

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