1. Recently, the Ministry of Finance and State Administration of Taxation released a notice on cancelling export tax rebates of 406 commodities, including some high pollution and energy consumption products, which will be effective from July 15th 2010.

2. Last Tuesday, the General Administration of Customs issued a notice on adjustment of Customs declaration content for courier goods in China Customs which will come into effect from July 1st 2010.

3. Last Tuesday, the General Administration of Customs and Ministry of Commerce jointly announced a notice to fully adopt the mode of customs bonded supervision in 21 model cities of service outsourcing since July 1, 2010.

4. Last Monday, the General Administration of Customs announced the Measure of PeoplesĄŻ Republic of China Customs on Origin of Imported Goods from Most Underdevelopment Countries which will be implemented from July 1st 2010.

5. Recently, the China PeoplesĄŻ Bank announced a notice on expanding the trial units of cross-border RMB settlement. This notice will enlarge the oversea areas for RMB settlement from HK, Macao and ASEAN to countries and areas all over the world.

6. Recently, the General Administration of Foreign Exchange announced notice on adjustment on exchange business approval rights for some capital projects.

7. On June 29th 2010, the Cross-strait Economic Corporation Agreement was signed in Chongqing.

8. Last Wednesday, Kunshan Comprehensive Bonded Area (the 1st period) passed the examination and verification of State.

9. Recently, the State Council announced the agreement on expanding Shenzhen Special Economic Zone. From July 1st 2010, the Shenzhen Special Economic Zone will be enlarged to BaoĄŻan and Longgang two districts.