Monthly Archives: December 2016

Cover of December 2016

201612

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Table of Contents of December 2016

  1. Cover story

Taiwan legalize five-day work week

  1. Economy outlook

Guidance on Strengthening International Cooperation and Raising Chinese Industries’ Position in Global Value Chains

  1. Financial strategy

China strengthen supervision on outward investment

  1. Legal spotlight

WTO EGA Negotiation

  1. Point of interest

Lukang historical area project

  1. Portrait

SAIC Motor

  1. Remark from editor

Reflection on 2016

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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

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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

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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

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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

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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

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