Monthly Archives: January 2017

Cover of January of 2017

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Table of Contents of January 2017

  1. Cover story

New dimension of commerce ruled by law

  1. Economy outlook

Trade in service drives new growth in China

  1. Financial strategy

China is forging a new opening pattern

  1. Legal spotlight

Taiwan passes amendments to reform energy market and fund long-term care

  1. Point of interest

2017 Taipei Lantern Festival: West Side Story

  1. Portrait

Chen Chu

  1. Remark from editor

Prospect of 2017

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New dimension of commerce ruled by law

In 2016, Chinese Ministry of Commerce comprehensively carried out the spirits of the 18th National Congress of the Communist Party of China (CPC) and the third, fourth, fifth and sixth plenary sessions of the 18th CPC Central Committee, profoundly learned and implemented the spirits of the series of speeches made by General Secretary Xi Jinping, thoroughly put into effect the overall layout of ‘Five-in-One’ and the strategic layout of ‘Four-pronged Comprehensive’ based on the five development ideas and in accordance with the unified deployments of the CPC Central Committee and the State Council, built a law-based, convenient and international business environment focused on promoting supply-side structural reform, and made new progress in the development of commerce ruled by law. Continue reading

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Trade in service drives new growth in China

In 2016, Chinese MOFCOM comprehensively implemented the spirits of the 18th CPC National Congress, the third, fourth, fifth and sixth Plenary Sessions of the 18th CPC Central Committee, made in-depth study and carried out the speech spirits of General-Secretary Xi Jinping. In accordance with the uniform deployment of the central committee and the State Council, the Ministry of Commerce actively adapted to the new normal of economic development, insisted on steady progress, undertook to promote supply-side structural reform and innovative development of trade in service, making a good start for the 13th Five-Year Plan. Continue reading

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China is forging a new opening pattern

In 2016, Chinese MOFCOM comprehensively carried out the spirits of the 18th National People’s Congress and the third, fourth, fifth and six plenary sessions of the 18th Central Committee of the CPC, profoundly learned and carried out the spirits of series of speeches of General Secretary Xi Jinping, firmly established the development concept of innovation, coordination, greening, openness and common sharing, deeply analyzed and studied the current domestic and overseas economic situation focusing on accelerating building new open economic system, strived to promote the reform of the management system of foreign investment, further expanded opening up and strived to optimize the environment of foreign investment. All kinds of work made positive achievements. Continue reading

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Taiwan passes amendments to reform energy market and fund long-term care

Amendments to the Electricity Act and the Long-term Care Services Act passed their third and final reading in Taiwan’s legislature on the 11th of January, paving the way towards a nuclear-free Taiwan and securing future funding for long-term care programs. Continue reading

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2017 Taipei Lantern Festival: West Side Story

The 2017 Taipei Lantern Festival will take place in Taipei between February 4 and 17. Visitors can look forward to seeing traditional lantern displays amidst high tech showcase involving the latest projection and illumination technology upon the walls of historical sites and buildings during the showcase. Continue reading

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Chen Chu

In the November of 2015, the incumbent Kaohsiung Mayor Chu Chen easily won re-election in Kaohsiung, Taiwan’s southern municipality. Chen’s victory means she will be mayor for a third time. The following is her sketchy bio. Continue reading

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Prospect of 2017

Cheming Yang

If you might recall that my conclusion for 2016 is that the monkey year was on soft landing and stagnant economically at best. Then what is expect of the 2017? 2017 is rooster on Chinese zodiac. Rooster is supposed to be diligent in that it has to rise early to set up the tone for the whole day. The downside is that rooster cannot fly. I am not trying to sound like an astrologist. But rooster might just be omen of what 2017 is going to look like economically. In plain English, the economy in the great Chinese circle is looking up as compared with the previous year but unlikely to be bullish by all means. Continue reading

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