China's Ministry of Finance, the People's Bank of China, and the National Financial Regulatory Administration jointly announced yesterday that the country will offer interest subsidies on housing loans starting Oct. 1 for first-time homebuyers.

Shenzhen enacts law to standardize foreign-language public signs. The regulation took effect immediately as part of the city’s efforts to make public services more accessible to international visitors.

China is considering raising the speed limit for e-bikes in nonmotorized lanes from 15 kph to 20 kph, under a draft amendment to the Road Traffic Safety Law submitted to the national legislature for its first reading Tuesday.

​Operators of lighting installations may face fines ranging from 5,000 to 50,000 yuan (US$742-7,420) for light pollution that disrupts others’ normal lives, according to China’s landmark Ecological and Environmental Code, which took effect Friday.