Monthly Archives: December 2016
Table of Contents of December 2016
- Cover story
Taiwan legalize five-day work week
- Economy outlook
- Financial strategy
China strengthen supervision on outward investment
- Legal spotlight
- Point of interest
Lukang historical area project
- Portrait
- Remark from editor
Filed under Contents
Taiwan legalize five-day work week
On the 6th of December, Taiwanese Legislative Yuan approved amendments to the Labor Standards Act to enforce a five-day work week and reduce working hours, a move that Executive Yuan Spokesperson Hsu Kuo-yung said will protect employees’ rights to adequate rest, prevent them from being overworked, and bring the number of national holidays in line with the Ministry of the Interior’s implementation regulations governing commemorative days and holidays. Continue reading
Filed under Cover story
Guidance on Strengthening International Cooperation and Raising Chinese Industries’ Position in Global Value Chains
In order to implement the requirements of “raising Chinese industries’ position in global value chains” put forth at the 5th Plenary Session of the 18th CPC Central Committee, the Ministry of Commerce, together with National Development and Reform Commission, Ministry of Science and Technology, Ministry of Industry and Information Technology, the People’s Bank of China, General Administration of Customs, and National Bureau of Statistics jointly released Guidance on Strengthening International Cooperation and Raising Chinese Industries’ Position in Global Value Chains (hereinafter referred to as the Guidance) recently. Continue reading
Filed under Economy outlook
China strengthen supervision on outward investment
Chinese Officials from National Development and Reform Commission, Ministry of Commerce, People’s Bank and State Administration of Foreign Exchange jointly accept interview on strengthening supervision on outward investment in current situation on December 6. Continue reading
Filed under Financial strategy
WTO EGA Negotiation
On December 3-4, the Ministerial Conference of the WTO Environmental Goods Agreement (EGA) Negotiation was held in Geneva Switzerland on December 3-4. The Ministers and Ministers’ Representatives from 17 participating countries attended the conference. Chinese Vice Minister of Commerce Wang Shouwen led the Chinese delegation to attend the conference. In order to implement the consensuses reached by the leaders of all countries at the G20 Summit held in September in Hangzhou China, China conducted close negotiation with all parties, made great efforts, showed due flexibility and expected to reach agreements on the premise that the core concerns of all the participants can be practically solved. Continue reading
Filed under Legal spotlight
Lukang historical area project
Taiwanese Premier Lin Chuan recently visited Changhua County to learn more about a planned project that will turn Lukang Township’s old district into a national historical scenic area, preserving Changhua’s early architecture and buildings while reviving the area’s cultural and historical richness. Continue reading
Filed under Point of interest
SAIC Motor
SAIC Motor Corporation Limited (SAIC Motor) is the largest auto company on China’s A-share market (Stock Code: 600104), and has a total equity of 11 billion shares. Continue reading
Filed under Portrait
Reflection on 2016
Cheming Yang
It is said that 2016 is full of black swans worldwide. But for the Chinese communities, 2016 is still on soft landing economically without much surprise. The GDP growth rate is around 1.2% in Taiwan and that is 6.7% for China. The growth rate is 0.7 percent for Taiwan and 6.9% for China in 2015. Taiwan has done a little better but still hovered at a very low level. China is holding stable but the downward trend has not stopped. Continue reading
Filed under Remark from editor
GOLD MONEY TALK 