Monthly Archives: January 2015
1. Cover story
2. Economy outlook
3. Financial strategy
4. Legal spotlight
5. Point of interest
7. Remark from editor
On the 15th of January, Taiwanese Premier Mao Chi-kuo called for the central and local governments to work together to fight the avian flu outbreak.
After a briefing by the Council of Agriculture (COA) on the latest developments, Mao said that preventing an epidemic is like engaging in a war. The entire government must work together as a team in order to speedily bring the outbreak under control, with no distinction between the central and local administrations, he remarked. Continue reading
In 2014, Chinese Ministry of Commerce implemented the spirits of the 18th National Congress of the Communist Party of China and the third and fourth plenary sessions of the 18th CPC Central Committee, persisted in seeking progress while maintaining stability, reform and innovation, continued to optimize the system of statistical monitoring, made efforts to enhance the capacity of market regulation, and made plans to expand consumption in business fields, gaining practical achievements in market supply and consumption promotion. Continue reading
In 2014, Chinese Ministry of Commerce made efforts to promote the pilot construction of public service platforms for small and medium-sized circulation enterprises, through constructing the public service platforms and playing their leading, driving and connecting role, guiding all kinds of social services to provide information consultancy, financing, market exploiting, personnel training and e-commerce application in a manner combining public benefit and the market.
Up to now, the pilot work has covered 48 cities in 26 provinces, autonomous regions and municipalities, the construction and operation mode has been basically formed, and the service items and modes have been well received by the enterprise. The coordination mechanism of various departments has been basically formed, financial support policies have been optimizing, and the work of small and medium-sized circulation enterprises has gained recognition and supports from various aspects. Continue reading
The World Trade Organization (WTO) General Council has recently passed the protocol on the Trade Facilitation Agreement (hereinafter referred to as the Agreement), bringing the Agreement into the WTO Agreement, and opened the protocol for members to accept. When two thirds of the members accept the protocol, the Agreement will go into effect. A few days ago, the head of the WTO Affairs Department of the Chinese Ministry of Commerce interpreted relevant circumstances of the Agreement. Continue reading
The Silk Roads were an interconnected web of routes linking the ancient societies of Asia, the Subcontinent, Central Asia, Western Asia and the Near East, and contributed to the development of many of the world’s great civilizations. They represent one of the world’s preeminent long-distance communication networks stretching as the crow flies to around 7,500 km but extending to in excess of 35,000 km along specific routes. While some of these routes had been in use for millennia, by the 2nd century BC the volume of exchange had increased substantially, as had the long distance trade between east and west in high value goods, and the political, social and cultural impacts of these movements had far-reaching consequences upon all the societies that encountered them. Continue reading
Xiaomi Inc. is a privately owned Chinese electronics company headquartered in Beijing, China. The world’s 3rd largest smartphone distributor, Xiaomi designs, develops, and sells smartphones, mobile apps, and consumer electronics. Continue reading
Goat year is around the corner. The horse year is saying its goodbye. Economically speaking, the horse year was not too bad a year. The US economy is doing better and China is holding its ground. Both countries’ stock markets are quite bullish recently. The 2014 fourth quarter GDP year on year growth was 3.17 percent for Taiwan, which is a three year high. Europe is not doing so well judging from the fact of looming European quantitative easing and the winning of Greek anti-austerity movement in its recent national election. Continue reading