Between them, China's central and local governments own over 100, 000 companies and implicitly favour many more.
For anyone doing business in China, understanding the relationship, differences and interplay between the central and local governments is critical.
He believes in a federal system--a central government and local governments that have genuine powers.
The Indonesian government announced on March 5, 2012, that all foreign mining companies in Indonesia have 10 years to transfer their ownership by at least 51% to the Indonesian central, state and local governments.
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Housing sales picked up in the second quarter, with first-time home buyers and those moving up accelerated purchases as the central bank eased policy and local governments lifted some restrictions.
This involves contributions from rural residents as well as local governments and, for the first time, the central government.
The company worked closely with local governments and universities to create an entire tourism industry in central Florida.
As with schools and medical services, the central government makes the plans but leaves it to local governments to put up the lion's share of funding.
At the very least, the central government could lay down firm rules on what services local governments must provide, and to what standard.
The central government also said it would reform its local residency system, and that has enabled local governments to offer easier residency rules for out-of-town buyers.
Although central governments tend to stand back, local authorities have become much more sophisticated and generally insist that a regeneration scheme forms part of broader development plans.
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