Category Archives: Financial strategy

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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Offshore wind turbines to transformTaiwan’s energy industry

Taiwanese government is actively developing offshore wind power, which will be an important factor in transforming Taiwan’s overall energy structure. While inspecting the nation’s first two offshore wind turbines in Miaoli County, just completed in October, Premier  Lin  Chuan pledged that the government will also safeguard neighboring ocean and fishery resources. Continue reading

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Lam Research Service Co. Ltd gave up purchasing KLA-Tencor

On October 5, Lam Research Service Co. Ltd (hereinafter referred to as Lam) announced to give up purchasing KLA-Tencor, and applied to the Chniese Ministry of Commerce (MOFCOM) to recall the market consolidation declaration on October 8. Continue reading

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Financial sector to help lift real economy

Taiwanese Premier Lin Chuan encouraged the Financial Supervisory Commission (FSC) to continue instituting new reform measures after hearing the commission’s report on the financial sector’s role in lifting the real economy. Continue reading

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Chengdu expected to achieve 8.21 Billion Yuan in revenue from exhibition in 2016

Chengdu is scheduled to be the host city for more than 520 major exhibition events for the whole year of 2016. The China Council for the Promotion of International Trade Chengdu Sub-Council (CCPIT Chengdu), the organization responsible for the promotion of Chengdu as a city for conventions and exhibitions, has calculated that the total area occupied by all of the events, when added together, amounts to 3.3 million square meters. Revenue directly generated from the exhibition sector is anticipated to grow 10 per cent year on year to reach 8.21 billion yuan (approx. US$1.23 billion). Indirect revenue is also expected to grow by a similar percentage, with expectations that the combination of direct and indirect revenue will reach 69.7 billion yuan (approx. US$10.5 billion). Continue reading

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Bright Century Shareholding awarded Top Growth Value Prize

At the recently-held 5th China Finance Summit & Honor and Dreams awards ceremony in Beijing, Bright Century (Beijing) Shareholding (“Bright Century Shareholding”) was awarded the Top Growth Value Prize for 2016 for its use of its global-leading financial theory and strict financial control methods, and in recognition of its building of a successful Chinese capital career by implementing their vision with passion and innovation. Continue reading

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The G20 Green Finance Synthesis Report underway

On June 21, 2016, the fourth meeting of the G20 Green Finance Study Group was held in Xiamen. The meeting was hosted by Co-chairs from the People’s Bank of China and the Bank of England. Delegates from G20 countries, invited guest countries and International Organizations participated in the meeting. The delegates discussed and agreed in principle on the G20 Green Finance Synthesis Report, which would be submitted to the June G20 Finance and Central Bank Deputies Xiamen Meeting. The study group will further revise and submit the Report to the July G20 Finance Ministers and Central Bank Governors Chengdu Meeting. Continue reading

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