Monthly Archives: October 2013

Cover of October 2013

201310

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Table of Contents of October 2013

1. Cover story

ASEAN Road Show in China

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

China Open

6. Portrait

Power should not be aloof from public supervision

7. Remark from editor

Invest into a bubble

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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.

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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

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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

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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

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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

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