Monthly Archives: July 2014
1. Cover story
2. Economy outlook
3. Financial strategy
4. Legal spotlight
5. Point of interest
7. Remark from editor
The New Development Bank to be set up by BRICS nations will be based in Shanghai, the group has announced. The leaders announced the creation of a new development bank, to be based in Shanghai, and a reserve fund seen as counterweights to Westernled financial institutions. Continue reading
After investment promotion activities held in South Korea, Director-General of CIPA Liu Dianxun, who led the China investment and trade promotion delegation, held a series of investment promotion activities in Hong Kong on July 6-9, aiming to enhance the two-way investment of the Mainland and Hong Kong, and carry out follow-up work of MOU on two-way investment cooperation signed by CIPA and Invest Hong Kong. The delegation consisted of more than 60 representatives from over 40 enterprises covering investment and financing businesses, trade and service sectors, infrastructure, real estate development, agriculture and mining industries. Continue reading
The current King of Taiwan Stock Exchange is Largan Precision. It hit 85 USD per share recently.
Largan Precision was founded in 1987 by Mr. Scott Lin and Mr. Tony Chen, and went public in 2002. Group headquarter is located in Taichung Precision Machinery Technological Park, Taiwan. The company currently owns four factories in Taiwan, two in China, and is known as one of the world’s major players in plastic aspherical lens design and production. Largan’s products are widely distributed globally; product lines include but are not limited to lens for mobile phones, NB/laptops, tablets, automobiles, and digital cameras (DSC). Continue reading
Chinese Minister of Commerce Gao Hucheng commented on the WTO dispute settlement case of China’s appeal against the United States on July 17. Following is the full text.
Recently, the World Trade Organization (WTO) has released two ruling reports on China’s appeal against the United States in a row. The WTO appellate body and panel groups have supported most of China’s appeals in their separate ruling and announced that over 20 anti-dumping and countervailing measures made by the U.S. against China’s exports to the U.S. violated the WTO rules. Continue reading
Located in Nankai District of Tianjin, the Tianjin Ancient Culture Street stands in the area of key section in upstream of the Haihe River. Covering an area of 224,200 sq meters, it used to be one of earliest water transport docklands in Tianjin where is one of the busiest cities of commerce and trade in history. Continue reading
Huateng Ma, also known as Pony Huang, is one of the core founders, Executive Director, Chairman of the Board and Chief Executive Officer of Tencent. Pony oversees the strategic development, overall direction and management of the Group. Before he founded Tencent in 1998, Pony was in charge of research and development for Internet paging system development at China Motion Telecom Development Limited, a telecommunications services and products provider in China. He has over 20 years of experience in telecommunication and Internet industries. Pony received his Bachelor of Science degree in Computer Science from Shenzhen University in 1993. Continue reading
China’s stocks rose in July sending benchmark indexes to their largest monthly gain since December 2012. Chinese stock markets have been in limbo amid the real estate boom in China in recent years. Shanghai Composite Index (SHCOMP) reached the historical high point of 3478.01 in the August of 2009, spiraled down and never regained its full strength ever since. Continue reading