Monthly Archives: August 2014

Cover of August 2014

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August 26, 2014 · 1:43 am

Table of Contents of August 2014

1.  Cover story

Traceability

2. Economy outlook

E-commerce during first half of 2014

3. Financial strategy

Multiple measures to accelerate development of trade logistics

4. Legal spotlight

Global Innovation Index 2014

5. Point of interest

World-class Wei Wu Ying Center for the Arts

6. Portrait

Head of anti-corruption

7. Remark from editor

What to trace

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Traceability

China’s Ministry of Commerce held the Working Meeting on Building the National Traceability System in Beijing on August 20, to plan how to implement Opinions of the State Council on Promoting Fair Market Competition and Maintaining Normal Market Order, and push forward the construction of the major product traceability system. Vice Minister of Commerce Fang Aiqing attended and addressed the meeting. Continue reading

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E-commerce during first half of 2014

China’s e-commerce kept a rapid growth with the market scale expanding and the number of consumers online growing rapidly during the first half of 2014. According to the initial estimates of research institutions, the trade volume of China’s e-commerce in the first half year reached 5.66 trillion yuan, up 30.1% year on year. Online retail market reached 1.1 trillion yuan, up 33.4% year on year, and up 7.9% compared with that of the second half year of 2013, accounting for 8.4% of the total retail sales of consumer goods of the first half year. Driven by new technology and model innovation, e-commerce has penetrated into all sectors of national economy through various channels, and become an important social and economic pattern and way of circulation, playing an increasingly important role to the national economy and social development. Continue reading

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Multiple measures to accelerate development of trade logistics

The Chinese Ministry of Commerce has focused on reducing logistics cost and deploying business and trade logistics work as a whole, and made much progress. Continue reading

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Global Innovation Index 2014

For this year’s GII launch, Australia’s Minister for Industry Ian Macfarlane joined authors of the report and its partners in Sydney at a gathering of international business leaders (known as B20) which is part of Australia’s preparations to host the annual Group of Twenty (G20) Leaders Summit on November 15-16, 2014. Continue reading

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World-class Wei Wu Ying Center for the Arts

The Wei Wu Ying Center for the Arts in Kaohsiung City’s Fengshan (Fongshan) District, scheduled to be inaugurated at the end of 2015, will be the nation’s largest cultural facility in terms of both expenditure and area size, Taiwanese Premier Jiang Yi-huah said on August 16, 2014, while inspecting the progress of the facility’s construction. Continue reading

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Head of anti-corruption

Wang Qishan was born 1 July 1948. Wang is married to Yao Minshan, daughter of former vice-premier Yao Yilin. Wang currently serves as Secretary of the Central Commission for Discipline Inspection in China. Previously, he served as Vice-Premier in charge of economic, energy and financial affairs under premier Wen Jiabao from March 2008 to March 2013. Wang also served in regional positions in Hainan and Beijing. He was elected to the 17th Central Politburo of the Communist Party of China in 2007, became a member of 18th Politburo Standing Committee in 2012.  Continue reading

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What to trace

Cheming Yang

In our life, we would love to be able to trace back a lot of things. For instance, some people want to trace back their lineages and search out their ancestors because it is important for them to find out their roots and get peace of mind by knowing who they are and where they come from. This might not be a good example of how traceability might impact people’s daily life. How about medical records? We want to keep our medical records available for several years to come so that doctors can trace back to what happens to their patients in the past in order to make informed decisions. Continue reading

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