Monthly Archives: March 2013
1. Cover story
2. Economy outlook
3. Financial strategy
4. Legal spotlight
5. Point of interest
7. Remark from editor
China’s State Council unveiled plans for institutional reform and the transformation of government functions. The number of ministries under the State Council will fall from 27 to 25. The Ministry of Railways and the National Population and Family Planning Commission are viewed as key areas for reforms. Continue reading
As a supporting event for the fifth BRICS Leaders’ Meeting, the BRICS Business Forum 2013 was held on March 26, 2013 in Durban, South Africa. Following the deliberations that took place at the Business Forum Meeting, the industry leaders from the business communities of the five countries namely Brazil, Russia, India, China and South Africa agreed on the following points: Continue reading
The follwoing is the statement by BRICS Leaders on the establishment of the BRICS-LED Development Bank, Fifth BRICS Summit on 27 Mar 2013.
We, the Leaders of Brazil, Russia, India, China and South Africa met on the occasion of the Fifth BRICS Summit on 27 March 2013 in eThekwini, KwaZulu-Natal. Continue reading
In 2012, TIPO received a total of 85,073 patent applications and 74,357 trademark applications from all over the world, marking a steady increase of 2.5% and 10.0% respectively over the previous year. Foreign applicants in particular have shown liveliness in the IP activities in Taiwan, with Japan and the U.S. being the liveliest. Continue reading
The 2013 Tour de Taiwan was jointly held by the Taiwan Tourism Bureau and Chinese Taipei Cycling Association at the Dapeng Bay, Siraya, Southwest Coast, Tri-Mountain, North Coast and Guanyinshan national scenic areas, bringing together 23 teams and 184 top athletes from 30 countries on five continents. Continue reading
Xi Jinping was elected president of the People’s Republic of China (PRC) and chairman of the Central Military Commission of the PRC at the fourth plenary meeting of the first session of the 12th National People’s Congress (NPC) in Beijing, capital of China, March 14, 2013.
Xi Jinping, born in June 1953, is a male ethnic Han from Fuping, Shaanxi Province. He entered the workforce in January 1969 and joined the Communist Party of China (CPC) in January 1974. He graduated from the School of Humanities and Social Sciences at Tsinghua University with a major in Marxist theory and ideological and political education, has an in-service postgraduate education and holds the degree of Doctor of Laws. The following is President Xi’s sketchy bio. Continue reading
This year’s BRICS Leaders’ meeting put forward the idea of establishing a development bank for this group and other emerging economies. The leaders reasoned that “developing countries face challenges of infrastructure development due to insufficient long-term financing and foreign direct investment, especially investment in capital stock”. The leaders promised the contingent reserve arrangement with an initial size of US$ 100 billion. Continue reading