The "One Document, Two Reports" system for cross-border cargoes became effective throughout Chinese mainland Nov. 29, achieving the convenience of "one-time entry, two-way sharing" of cargo information.

China's Ministry of Industry and Information Technology (MIIT) has revised photovoltaic manufacturing industry standards, to promote the PV industry's healthier development.

The Shenzhen Municipal Administration for Market Supervision has recently introduced two innovative local standards aimed at financial services for the real economy, establishing a "new model" for advancing the standardization of these financial services.

China announced Nov. 13 to cut the home purchase deed tax to 1% for buyers of first and second homes of 140 square meters and below, from the current level of as much as 3%. The tax cut will take effect Dec. 1, according to the Ministry of Finance.