Monthly Archives: May 2014
Table of Contents of May 2014
1. Cover story
2014 APEC Ministers Responsible for Trade
2. Economy outlook
China’s Spring 2014 Foreign Trade Report
3. Financial strategy
China’s use of foreign funds in first quarter
4. Legal spotlight
China-Switzerland Free Trade Agreement
5. Point of interest
6. Portrait
7. Remark from editor
Filed under Contents
2014 APEC Ministers Responsible for Trade
On May 18, the 2014 Meeting of APEC Ministers Responsible for Trade was satisfactorily closed in Qingdao. After the meeting, Gao Hucheng, the Minister of Commerce of the People’s Republic of China, and other APEC ministers responsible for trade attended the press conference to introduce related information of the meeting and answer reporters’ questions. Continue reading
Filed under Cover story
China’s Spring 2014 Foreign Trade Report
On May 4, Chinese Ministry of Commerce released China’s Foreign Trade Report (Spring 2014), reviewing the country’s foreign trade performance in 2013 and in the first quarter of 2014, and analyzing the outlook of foreign trade in 2014. Continue reading
Filed under Economy outlook
China’s use of foreign funds in first quarter
According to statistics from Chinese Ministry of Commerce, in the first quarter of 2014, 4,787 foreign-invested enterprises were set up, with US$31.55 billion foreign funds actually used, up 5.5% year on year. Industrial structure and regional structure got further optimized, either the quantity or quality showed good signs of attracting foreign investment for the whole year. Following are some main features. Continue reading
Filed under Financial strategy
China-Switzerland Free Trade Agreement
On April 29, China and Switzerland exchanged notes on enforcing the China-Switzerland Free Trade Agreement. According to relevant provisions, the agreement will come into effect officially on July 1, 2014. Continue reading
Filed under Legal spotlight
First China-Russia Expo
On May 13, the press conference for the first China-Russia Expo was held by the Ministry of Commerce of the People’s Republic of China (hereinafter referred to as “MOFCOM”). Sun Yao, Deputy Governor of Heilongjiang Province, Ling Ji, Director-general of the Department of European-Central Asian Affairs, and Gruzdev, Russia’s trade representative in China, separately introduced the preparation work of the China-Russia Expo (hereinafter referred to as the “Expo”) and the economic and trade relations between China and Russia. Continue reading
Filed under Point of interest
MOEA Taiwan
Robust industrial development has not only fueled Taiwan’s miraculous economic growth over the past half-century, but has also laid a solid economic basis for the nation’s continued survival. With the acceleration of liberalization and globalization and technological innovation around the world, Taiwanese companies and companies operating from Taiwan face challenges from others in fighting for global market share. In this age of “high-speed enterprises,” the government has an unshirkable mission and duty to create an operating environment conducive to business development. As the agency in charge of administering the national economy, the Ministry of Economic Affairs (MOEA) has implemented various economic policies and measures to help our industries reinforce their competitive advantage at different stages in Taiwan’s economic development. Continue reading
Filed under Portrait
Where to IPO
Cheming Yang
One of the major financial news in May is that Chinese internet giant Alibaba is going for initial public offering (IPO) in the US. Alibaba no doubt is the leader in e-commerce in China. It was said to keep a net income of 43% of its revenue. Analysts estimate its valuation ranging from US$136 billions to $250 billions. Alibaba said that it plans to raise 1 billion in this deal. The market insiders forecast the company could easily raise 20 billions. It is said to be a bigger deal than Facebook and Tweeter. Continue reading
Filed under Remark from editor
GOLD MONEY TALK 