Monthly Archives: August 2011
1. Cover story
2. Economy outlook
3. Financial strategy
4. Legal spotlight
5. Point of interest
7. Remark from editor
French President Nicolas Sarkozy visited China on August 25 during his tour of France’s New Caledonia. This relatively unexpected visit has attracted widespread attention and speculation.
On the same day, Sarkozy held a press briefing in the Grand Hall of the People, Beijing, China. The following is some of the content of the briefing. Continue reading
As the pressure for QE3 is mounting due to the recent plunge of stock prices all over the world, the worry for inflation is at the same time holding back the thirst for it.
The Chinese government is also paying special attention to this issue. From August 15 to 21, according to the monitoring of the Ministry of Commerce, the price of edible farm produce rose slightly, while price of material for production remained stable. Continue reading
In the morning of August 17, Forum on 12th Five-Year Plan and Mainland-Hong Kong Economic, Trade and Financial Cooperation was held in Hong Kong. Chinese Vice Premier Li Keqiang delivered a keynote speech at the Forum.
Centering on the policy measures announced by Vice Premier Li of the Central government to support Hong Kong economic and social development and people’s livelihood improvement, Minister of the National Development and Reform commission Zhang Ping, Minister of Commerce Chen Deming, China’s Central Bank Governor Zhou Xiaochuan, Hong Kong Financial Secretary John Tsang Chun-wah and Chairman of the Greater Pearl River Delta Business Council Victor K. Fung all delivered speech at the Forum. Continue reading
The Patent Prosecution Highway (PPH) pilot program between Taiwan Intellectual Property Office (TIPO) and the United States Patent and Trademark Office (USPTO) will be launched on September 1, 2011. Applicants for invention patents that are first filed with USPTO and later filed with TIPO claiming priority to the USPTO application may submit a request for accelerated examination with TIPO, provided the examination result from USPTO contains at least one claim determined to be patentable. Correspondingly, applicants for invention patents that are first filed in TIPO and later filed in USPTO may also submit a request for accelerated examination with the USPTO, provided the examination result from TIPO contains at least one claim determined to be patentable. Continue reading
China (Guizhou) International Alcoholic Beverages Expo & China Guiyang Fair for Investment and Trade 2011
China is one of the countries which produce and consume a large quantity of alcohol and Guizhou is the hometown of Moutai , a national liquor of China. The opening ceremony of China (Guizhou) International Alcoholic Beverages Expo & China Guiyang Fair for Investment and Trade 2011 (Alcoholic Beverages Expo for short) was held on August 18 in Guiyang, Guizhou Province. Chinese Vice Premier Wang Qishan attended and declared the opening of the Alcoholic Beverages Expo. Vice Minister of Commerce Jiang Zengwei attended and addressed the opening ceremony. Governor of Guizhou Province Zhao Kezhi presided over the opening ceremony. Leaders of 15 departments under the State Council including the National Development and Reform Commission, the Ministry of Industry and Information Technology, and the General Administration of Quality Supervision, Inspection and Quarantine, 28 provinces (cities and autonomous regions), and 4 mutual-assistance cities, and representatives of overseas enterprises attended the opening ceremony. Continue reading
Vice-Premier Li Keqiang of the State Council today on August 18 visited the University of Hong Kong (HKU) and attended the University of Hong Kong Centenary Ceremony.
The Vice-Premier officiated at the unveiling of plaques ceremony of a medical research centre and a state key laboratory (partner laboratory) of HKU, and announced the allocation of funding to subsidizing the studies, exchanges and scientific research of HKU students and academic staff on the mainland. Continue reading
China’s first red wine investment fund is recently launched and plans to raise 1 billion yuan to invest in fine red wine, as rising inflation fears spur innovation in China’s competitive asset management industry. For China’s growing affluent class, there’s huge investment demand for alternative assets such as precious metals, commodities, private equity and art collections. Red wine, like other storable goods with limited supplies, has the potential to beat inflation. This close-end fund will buy top red wine from France’s renowned Bordeaux and Burgundy regions, and expects to deliver annualized returns of 15 per cent. Continue reading