Monthly Archives: June 2014

Cover of June 2014

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Table of Contents of June 2014

1. Cover story

China-CEEC trade and economic cooperation

2. Economy outlook

Standardizing and optimizing approval of foreign investment pilot

3. Financial strategy

Loan assistance in place for Taiwanese companies in Vietnam

4. Legal spotlight

Taoyuan airport receives thumbs-up for International Health Regulations

5. Point of interest

New marine national park in Penghu to nurture sustainability

6. Portrait

Richest real estate tycoon in China

7. Remark from editor

In pursuit of cheap labor

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China-CEEC trade and economic cooperation

On June 8, after the China-CEEC Ministerial Meeting on Promoting Trade and Economic Cooperation, Chinese Minister of Commerce Gao Hucheng and ministers or representatives from 16 CEE countries attended a press conference to introduce the achievements in the meeting and answered questions from the media. CEEC stands for Central and Eastern European Countries. Central and Eastern European Countries (CEECs) is an OECD term for the group of countries comprising Albania, Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania, the Slovak Republic, Slovenia, and the three Baltic States: Estonia, Latvia and Lithuania. Continue reading

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Standardizing and optimizing approval of foreign investment pilot

To carry out the essence of the Third Plenary Session of the 18th CPC Central Committee on deepening the reform of administrative examination and approval, and improve the management of foreign investment examination and approval, Chinese Ministry of Commerce released an announcement (No. 41, 2014) on May 28, 2014, deciding to conduct pilot work to standardize and optimize the examination and approval of foreign investment for three months from the date of release to August 31, 2014. The establishment and alteration of foreign-invested enterprises approved by Ministry of Commerce except direct selling are covered in the pilot. Continue reading

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Loan assistance in place for Taiwanese companies in Vietnam

The Taiwanese government is leaving no stone unturned in negotiations with the Vietnamese authorities to protect the rights and interests of Taiwanese businesses there, Vice Premier Mao Chi-kuo, the convener of Taiwanese Executive Yuan’s Vietnam riot response task force, said today at the task force’s eighth meeting. Continue reading

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Taoyuan airport receives thumbs-up for International Health Regulations

Taiwanese Minister without Portfolio Chiang Been-huang today inspected Taiwan Taoyuan International Airport (TTIA) for implementation of the World Health Organization’s (WHO) International Health Regulations (IHR) and commended the airport for excellent performance that garnered outstanding reviews by international experts. Continue reading

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New marine national park in Penghu to nurture sustainability

Four islands and islets of southern Penghu and their surrounding waters will be designated as a future national park, which will be Taiwan’s ninth and its second marine national park. This designation will help safeguard the four islands and islets’ special basalt geology, rich and diverse marine ecology, and unique cultural communities while facilitating the sustainable use of natural resources. Continue reading

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