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Business Beijing, December 2004
Business Beijing
 Business Beijing is North China's most respected English language journal. With 50,000 copies printed and distributed world-wide every month, and the official support of the Beijing Municipal Government, "BB" is your first choice for timely and useful business information on Beijing and China.



Editorial
China Appraises WTO Progress, More Challenges AheadChina Appraises WTO Progress, More Challenges Ahead
As the country appraises the first three years of China’s membership in the World Trade Organization (WTO), most observers, foreign and domestic, seem to agree that substantial progress has been made in China’s foreign trading practices.
AmCham WTO Press MeetingAmCham WTO Press Meeting
China is “substantially in compliance” with its World Trade Organization (WTO) accession agreements, according to the American Chamber of Commerce (AmCham) Beijing.
Bank Reform Enters Historic New PhaseBank Reform Enters Historic New Phase
As of December 11, 2004, foreign banks were allowed to apply to offer services in the Chinese renminbi (RMB) currency to corporate and business clients in Beijing, Kunming, Xiamen, Xi'an and Shenyang, joining 13 other Chinese cities already offering such services.
China Enlarges Access for Foreign BanksChina Enlarges Access for Foreign Banks
A flurry of banking regulatory activities in December set the stage for full market access for foreign banks in China in 2006.
Bank Reforms Benefit Beijing's CBDBank Reforms Benefit Beijing's CBD
Chen Gang, governor of Beijing’s Chaoyang District, home to Beijing’s Central Business District (CBD), said the further opening of China’s market to foreign banks is very important for the CBD’s quest to become a “headquarters economy.”
Polluting Steel Plants Moving Out of CapitalPolluting Steel Plants Moving Out of Capital
Beijing Shougang Group, China's fourth-largest steelmaker by output, will move all its steel plants that contribute to air pollution in the capital city out of the city by 2012, according to its latest restructuring plan.
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