Monthly Archives: November 2012
1. Cover story
2. Economy outlook
3. Financial strategy
4. Legal spotlight
5. Point of interest
7. Remark from editor
A new generation of top Chinese leaders took the stage on the 15th of November after the leadership of the ruling party changed hands. Xi Jinping was sworn in as secretary general of the Central Committee of the Communist Party of China (CPC), leading the seven member Political Bureau Standing Committee. The other six members of the Party’s central leading organ are Li Keqiang, Zhang Dejiang, Yu Zhengsheng, Liu Yunshan, Wang Qishan and Zhang Gaoli. Continue reading
On the morning of November 10, at the invitation of Press Center of the 18th National Congress of CPC, Chen Deming, Minister and Party Leadership Group Secretary of the Ministry of Commerce, received the group interview of Chinese & foreign reporters at Media Center. Zhu Shouchen, Deputy Director of Press Center of the 18th National Congress of CPC and Secretary of Secretariat of All-China Journalists Association, presided over the press conference.
Conference minutes are as follows: Continue reading
The following is the comments on the Brazilian Proposal by Mr. Zhu Hong, Minister and Deputy Permanent Representative of China to the WTO, on November 26, 2012. The Brazilian Proposal (WT/WGTDF/W/68) is about the Relationship between Exchange Rates and International Trade. Continue reading
According to the latest IPR statistics released by TIPO, the number of patent backlogs dropped to less than 160,000 (159,467) prior to the end of Q3 2012. Patent applications filed domestically decreased by 4.79%, while those filed by foreigners increased by 4.16%. Trademark applications filed by both ROC nationals and foreigners have shown a significant increase by 4.97%. Among foreign applicants, Japan continued to claim the top spot in both invention patent and trademark applications. Continue reading
The 9th China International Aviation & Aerospace Exhibition (namely Airshow China 2012) took place in Zhuhai, Guangdong, China, from Nov.13-18, 2012. The show was sponsored by Guangdong Provincial People’s Government, Ministry of Industry and Information Technology, China Council for the Promotion of International Trade, Civil Aviation Administration of China, the Air Force of PLA, China Aviation Industry Corporation, Commercial Aircraft Corporation of China, Ltd., China Aerospace Science and Technology Corporation and China Aerospace Science and Industry Corporation, with Zhuhai Airshow Co., Ltd. as the official organizer. Continue reading
Yi Xiaozhun, male, ethnic Han, is a native of Changsha, Hunan province. He was born in December 1951 and is a member of the CPC. He is a university graduate and a Senior Economic Engineer. Continue reading
What is quantitative easing (QE)? There is official definition and there is lay definition.
Since the global financial crisis, both the Bank of England and the Federal Reserve of the US have used the policy of QE to revive economic growth. Usually, central banks control interest rates. But when interest rates can go no lower, a central bank’s last resort is to pump money into the economy directly. That is QE. The way the central bank does this is by buying assets using money it has created out of thin air. Continue reading