Monthly Archives: December 2015

Cover of December 2015

201512

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Table of Contents of December 2015

  1. Cover story

Mainland China, Hong Kong and Macao signed Closer Economic Partnership Arrangement Agreement on Trade in Services

  1. Economy outlook

The 26th session of the U.S.-China Joint Commission on Commerce and Trade

  1. Financial strategy

China’s outward investment and economic cooperation in January-November

  1. Legal spotlight

Expansion of Information Technology Agreement concludes

  1. Point of interest

Taiwan’s National Palace Museum Southern Branch to enrich education and culture

  1. Portrait

20 years of WTO

  1. Remark from editor

Reflections on 2015

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Mainland China, Hong Kong and Macao signed Closer Economic Partnership Arrangement Agreement on Trade in Services

Chinese Vice Minister of Commerce Wang Shouwen and Director of the Department of Finance of Hong Kong Special Administration Region Government John Tsang Chun-wah signed Mainland China and Hong Kong Closer Economic Partnership Arrangement Agreement on Trade in Services (hereinafter referred to as “the agreement”) in Hong Kong on November 27, 2015. The agreement will be officially implemented on June 1, 2016. Attending the signing ceremony were Chief Executive of the Hong Kong Special Administration Region Leung Chun Ying and Deputy Director of Central Government’s Liaison Office in Hong Kong SAR Qiu Hong. Continue reading

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The 26th session of the U.S.-China Joint Commission on Commerce and Trade

U.S. Secretary of Commerce Penny Pritzker and U.S. Trade Representative Michael Froman on the 23rd of November led a U.S. delegation in discussions with Vice Premier Wang Yang and other Chinese government officials as part of the 26th session of the U.S.-China Joint Commission on Commerce and Trade (JCCT) in Guangzhou, China. U.S. Secretary of Agriculture Tom Vilsack and U.S. Ambassador to China Max Baucus also participated in this year’s JCCT. At the conclusion of the discussions, the United States announced key outcomes in the areas of intellectual property rights and enforcement, pharmaceuticals and medical devices, competition policy, and technology policy. Continue reading

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China’s outward investment and economic cooperation in January-November

In January-November 2015, China’s outward investment and cooperation maintained a sound development momentum. The direct investment overseas maintained a rapid growth of double digit rates, and is expected to surpass the growth goal of the whole year by 10%. The construction of overseas economic and trade cooperation zones, infrastructure construction and foreign contract projects showed their own remarkable strength. The number of large scale projects increased obviously. China has entered into the stage of capital export and industry export. All of these strongly supported the construction of “Belt and Road” and the international capacity cooperation. Official from the Department of Outward Investment and Economic Cooperation of MOFCOM pointed out that China’s outward investment and economic cooperation in January-October has the following characteristics: Continue reading

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Expansion of Information Technology Agreement concludes

On December 16, 2015, the WTO negotiation on the expansion of Information Technology Agreement (hereinafter referred to as the expansion) was announced to be concluded in Nairobi, Kenya. The participants reached a comprehensive agreement on the expansion, and issued the Minister Declaration on Expanding Trade on Information Technology Products. Continue reading

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Taiwan’s National Palace Museum Southern Branch to enrich education and culture

Taiwan’s National Palace Museum Southern Branch (NPMSB) is expected to enrich the educational and cultural environs of southern Taiwan’s Yunlin and Chiayi counties as well as Tainan City, ushering in the development of tourism as well as cultural and creative industries, National Palace Museum (NPM) Director Fung Ming-chu stated today. Fung made these remarks on the “Open Mic” YouTube live webcast. Continue reading

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