Monthly Archives: January 2014

Cover of January 2014

201401

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January 27, 2014 · 4:42 am

Table of Contents of January 2014

1. Cover story

Think back and look ahead

2. Economy outlook

Shanghai’s economy stable as it equals national average

3. Financial strategy

2014 top 100 Chinese brands

4. Legal spotlight

Acquisition of Shanghai Lifei Information & Technology Company by Thermo Fisher Scientific Inc. approved.

5. Point of interest

Shanghai Tower passes the 600-meter mark

6. Portrait

Mayor of Shanghai

7. Remark from editor

Horse of success

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Think back and look ahead

On December 27 of 2013, during the National Conference on Commercial Work, Mr. Gao Hucheng, Minister of Commerce of PRC offered an interview to media on the overall situation of commercial work. Continue reading

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Shanghai’s economy stable as it equals national average

Shanghai’s economy grew 7.7 percent in 2013 from a year earlier, equaling the national average and faster than 2012’s 7.5 percent, the city’s statistics bureau said on the 27th of January, 2014.
Total economic output was 2.16 trillion yuan (US$351 billion) last year, with growth at 7.6 percent in the fourth quarter, following 7.8 percent in the third, 7.6 percent in the second and 7.8 percent in the first. The service sector expanded 8.8 percent, and it gained 1.8 percentage points to account for 62.2 percent of the overall economy. The manufacturing sector gained 6.1 percent while agriculture fell 2.9 percent, the bureau said. Continue reading

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2014 top 100 Chinese brands

The 2014 WPP BrandZ Top 100 Most Valuable Chinese Brands study shows that China is increasingly a consumer-driven market amid the government’s increased emphasis on rebalancing the domestic economy. Market-driven brands (private companies without government backing) in the Top 50 of the ranking enjoyed value growth of 27 percent – three times that of state-owned enterprises (SOEs) at 9 percent. Continue reading

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Filed under Financial strategy

Acquisition of Shanghai Lifei Information & Technology Company by Thermo Fisher Scientific Inc. approved.

On January 14, the Chinese Ministry of Commerce conditionally approved the acquisition of Shanghai Lifei Information & Technology Company by Thermo Fisher Scientific Inc. Continue reading

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Filed under Legal spotlight

Shanghai Tower passes the 600-meter mark

The Shanghai Tower has reached 603 meters in height, and its builders say they are on schedule to complete the construction of the city’s tallest building this year. Continue reading

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Filed under Point of interest