Monthly Archives: October 2015

Cover of October 2015

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Table of Contents of October 2015

  1. Cover story

Xi’s UK State Visit

  1. Economy outlook

China’s 13th five year plan

  1. Financial strategy

Taiwan’s consumption stimulation plan

  1. Legal spotlight

TPP’s negotiation completed

  1. Point of interest

Fujian Tulou

  1. Portrait

CRRC

  1. Remark from editor

Is there equity in equity?

 

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Xi’s UK State Visit

Chinese President Xi Jinping had a successful state visit to UK in October.
On October 21, witnessed by President Xi Jinping and the Prime Minister Cameron, Chinese Minister of Commerce Gao Hucheng signed with the British Secretary of State for Business, Innovation and Skills Sajid Javid and the British Secretary of State for International Development Justine Greening respectively the Memorandum of Understanding between Chinese Ministry of Commerce and the Department of Business, Innovation and Skills of the United Kingdom of Great Britain and Northern Ireland on Strengthening Bilateral Local Trade and Investment Cooperation and the Memorandum of Understanding between Chinese Ministry of Commerce and the Department of International Development of the United Kingdom of Great Britain and Northern Ireland on Strengthening Development Cooperation and the Partnership Implementing the Goals of Sustainable Development. Memorandum of Understanding on local cooperation is the first MOU signed by China and EU countries on strengthening local economic and trade cooperation. Continue reading

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China’s 13th five year plan

According to VAO news, Chinese authorities is holding high-level political meetings in Beijing in the last week of October that are expected to unveil details about the country’s next five-year plan, which comes as the Chinese economy is slipping into a so-called “new normal” of slower economic growth. Continue reading

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Taiwan’s consumption stimulation plan

Taiwanese Executive Yuan announced in October its program to bolster consumption, which will be based on the principle of the “government providing subsidies, enterprises adding incentives and all citizens enjoying the benefits.” The program emphasizes collaboration between the public and private sectors, encouraging businesses to coordinate with the government in conducting promotional sales and discounts that foster a festive year-end purchasing trend. Continue reading

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TPP’s negotiation completed

On October 4, 2015, Ministers of the 12 Trans-Pacific Partnership (TPP) countries announced conclusion of their negotiations. The summary of the TPP Agreement is as follows: Continue reading

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Fujian Tulou

Fujian Tulou is a property of 46 buildings constructed between the 15th and 20th centuries over 120 km in south-west of Fujian province, inland from the Taiwan Strait. Set amongst rice, tea and tobacco fields the Tulou are earthen houses. Several storeys high, they are built along an inward-looking, circular or square floor plan as housing for up to 800 people each. They were built for defence purposes around a central open courtyard with only one entrance and windows to the outside only above the first floor. Housing a whole clan, the houses functioned as village units and were known as “a little kingdom for the family” or “bustling small city.” They feature tall fortified mud walls capped by tiled roofs with wide over-hanging eaves. The most elaborate structures date back to the 17th and 18th centuries. The buildings were divided vertically between families with each disposing of two or three rooms on each floor. In contrast with their plain exterior, the inside of the tulou were built for comfort and were often highly decorated. They are inscribed as exceptional examples of a building tradition and function exemplifying a particular type of communal living and defensive organization, and, in terms of their harmonious relationship with their environment, an outstanding example of human settlement. Continue reading

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