Monthly Archives: December 2013

Cover of December 2013

201312

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Table of Contents of December 2013

1. Cover story

Strengthen Branding

2. Economy outlook

Cross-border e-commerce gained achievements

3. Financial strategy

Changes to the NASDAQ Golden Dragon China Index

4. Legal spotlight

The 24th China-U.S. Joint Commission on Commerce and Trade

5. Point of interest

Chinese culture on display at Times Square New Year’s eve countdown

6. Portrait

Chief Justice of China

7. Remark from editor

Is QE finally over?

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Strengthen Branding

A report to the 18th National Congress of the CPC states that “we shall better coordinate trade and industrial policies, and make China’s exports more competitive in terms of technology, brand, quality and service.” Accordingly, China actively promotes the brand cultivation for foreign trade, because it is an important matter of “mode transformation and structure adjustment”, an important method for increasing international competitiveness and an important way of building good image of products that are “made in China”, playing a significant role in transferring China from a major country in trading to one that is strong in trading. In recent years, the Chinese Ministry of Commerce, in concert with the related departments of the State Council, has taken a series of promotion measures to encourage the Chinese enterprises to create, use and build their brands in the international market; as a result, construction of foreign trade brands has achieved positive progress. Continue reading

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Cross-border e-commerce gained achievements

Chinese Ministry of Commerce released Business Review 2013 (XII) which summarizes the development of cross-border e-commerce in 2013. Cross-border e-commerce is a new-type mode of trade that the digitalization and electronization of exhibition, negotiation and conclusion of a business of the traditional trade by Chinese production and trade enterprises through e-commerce means to finally realize the import and export of products and at the same time also an effective way to broaden overseas marketing channel, promote China’s brand competitiveness and realize the transformation and upgrading of China’s foreign trade. Continue reading

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Changes to the NASDAQ Golden Dragon China Index

The NASDAQ OMX Group, Inc. (NDAQ) announced the results of the quarterly re-ranking of the NASDAQ Golden Dragon China Index (Nasdaq:HXC), which will become effective prior to market open on Monday, December 23, 2013.

The following nine securities will be added to the Index: Bona Film Group Limited (BONA), China Green Agriculture, Inc. (CGA), China Information Technology, Inc. (CNIT), China Recycling Energy Corporation (CREG), China XD Plastics Company Limited (CXDC), China Distance Education Holdings Limited (DL), Jinpan International Limited (JST), Kingold Jewelry, Inc. (KGJI) and eLong, Inc. (LONG). Continue reading

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The 24th China-U.S. Joint Commission on Commerce and Trade

On December 20, the two-day 24th China-U.S. Joint Commission on Commerce and Trade (hereinafter referred to as “JCCT”) came to a close in Beijing. Following the principles of honesty and pragmatism, working groups of both sides exchanged views on issues of major concerned in economic and trade fields, reached consensus and yielded positive results. After the meeting, Mr. Wang Chao, Vice Minister of Commerce of PRC, in concert with Zhu Guangyao, Vice Minister of Finance, Liu Lihua, Vice Minister of Industry and Information Technology, and Niu Dun, Vice Minister of Agriculture jointly presided over the news briefing, and took questions from the press. Continue reading

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Chinese culture on display at Times Square New Year’s eve countdown

Chinese cultural and Confucian performances will take over Times Square this New Year’s Eve as the Sino-American Friendship Association, (SAFA), presents Confucianism and Shandong Culture at the opening of the Times Square New Year’s Eve Countdown Celebration 2014. Continue reading

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