Monthly Archives: October 2013
Table of Contents of October 2013
1. Cover story
2. Economy outlook
MOFCOM’s comments on Shanghai Pilot Free Trade Zone
3. Financial strategy
Backbone enterprises program bearing early fruit
4. Legal spotlight
Crack down on food safety violators
5. Point of interest
6. Portrait
Power should not be aloof from public supervision
7. Remark from editor
Filed under Contents
ASEAN Road Show in China
A high-level delegation from ASEAN led by the Honourable Pehin Dato Lim Jock Seng, Second Minister, Ministry of Foreign Affairs and Trade, Brunei Darussalam visited China from 22-25 October to further enhance trade and investment relations between the two sides. The delegation comprised of Economic Ministers from Cambodia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam and senior officials from ASEAN Member States. The delegation visited Hong Kong, Chengdu, Shanghai, and Beijing. The delegation called on H.E. Li Keqiang, the Premier of People’s Republic of China. The delegation also met with high-level Chinese officials, including H.E. Gao HuCheng, Minister of Commerce; H.E. Gan Lin, Vice Governor of Sichuan Province Government; H.E. Yang Xiong, Mayor of Shanghai; and H.E. Leung Chun Ying, Chief Executive of Hong Kong Special Administrative Region.
Filed under Cover story
MOFCOM’s comments on Shanghai Pilot Free Trade Zone
On September 29, Mr. Gao Hucheng, Minister of Commerce of PRC, attended the opening ceremony for China (Shanghai) Pilot Free Trade Zone (the “Zone”). During the ceremony, Mr. Gao Hucheng granted an interview on establishment of Shanghai Pilot Free Trade Zone. Continue reading
Filed under Economy outlook
Backbone enterprises program bearing early fruit
Offering specialized technologies and innovative services, “backbone enterprises” are a critical element in the production chain with the potential to transform Taiwan’s industries and bring new economic impetus, Taiwanese Premier Jiang Yi-huah said. Continue reading
Filed under Financial strategy
Crack down on food safety violators
Taiwanese Executive Yuan’s new food safety inspection and crackdown team will begin examining edible oils on November 1 and expand to nationally certified food products by mid-November, officials said at a meeting of the cross-ministerial food safety task force. The team will first focus their attention on common items that are most influential to health, including oil, rice, soy sauce, holiday provisions, fruit juice, tea leaves, egg, bread, group ordered foods, milk, organic products, vegetarian food and honey. Inspections will begin from the point of manufacture and the scope of examination will be widened as warranted; nothing will be exempt. Businesses proven to have violated laws will face heavy punishment with their violations promptly announced to the public. The checks will be conducted on random items at unspecified times and locations. Continue reading
Filed under Legal spotlight
China Open
China Open was launched in 2004, and is held in Beijing during the Chinese National Day Holiday once a year regularly. The China Open was formerly the Beijing Salem Open. The men’s singles and doubles events were first held in 1993, the year in which the Qatar Open and Dubai Tennis Championships were also introduced to the men’s tour, as the Association of Tennis Professionals (ATP) opened a series of new tournaments in Asia. Continue reading
Filed under Point of interest
Power should not be aloof from public supervision
Zhang Dejiang is elected chairman of the 12th National People’s Congress (NPC) Standing Committee on March 14, 2013. The following is the biographical sketch of Zhang Dejiang: Continue reading
Filed under Portrait
Invest into a bubble
Cheming Yang
As I was writing up this article, I visited Wenzhou for the first time. Wenzhou people are well known to be really good at doing businesses. Wenzhou businessmen are called the Wenzhou gang due to their ability to band together and form a formidable power in the market. This collective ability brings them wealth but also side effects.
Filed under Remark from editor
GOLD MONEY TALK 