Law to Make Foreign Corporate Tax Preference Clearer 
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Ambiguity over when foreign companies can start to enjoy temporary preferential taxes will hopefully be cleared up by a new law that has been submitted to the State Council. 
Original article: [Chinese]   

New Plan to Evaluate Local Government in Energy Conservation 
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On August 26, Ma Kai of the National Development and Reform Commission in a report to the Standing Committee of the National People's Congress stressed that the new plan for evaluating energy conservation by local government will be critical to the success of reducing China's need for power. The EO has learned that the plan assesses local governments in four main areas, and ties their GDP and value-added to energy consumption 
Original article: [Chinese]

Consumer Confidence Down in August
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Due to rising commodity and housing prices and sliding optimism in China's economy, consumer confidence dove during August.
Original article: [Chinese]  

NATION  

In the Wake of the Pig Disease
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Since June, a deadly disease has torn through Changsha county and decimated pig populations. In response, livestock regulators are scrambling to aid stricken farmers in one of the country's most important pig farming regions. 
Original article: [Chinese]

Jiangsu Pilots Housing Guarantee Project
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Before the State Council met on August 27 to discuss options for a housing guarantee system, Jiangsu province had already started its own pilot project, which involved public property rights to help the poor afford housing. With public property rights, the government invests in housing projects that are eventually sold or rented to private citizens at prices lower than the market. This is controversial; Duan Hou, an assistant professor at Fudan University's Law School, tells the EO that public property rights is a legal curiosity in that it is not clearly dealt with in the Property Law, which was passed last March with much fanfare and comes into effect on October 1. 
Original article: [Chinese]