ectors have been a “wild west” where Chinese firms did not hesitate to

copy each other or foreigners. But, as China has developed its own technology and moved u上海千花网品茶微信

p the value chain, protecting intellectual property rights has become a high priority for the government.

上海千花网At the China Development Forum in March, Vice-Premier Han Zheng emphasized: “We w

ill step up our efforts for IPR protection as well as law enforcement in various aspects, and establish a sy上海千花网

stem of punitive punishment for IPR infringement to significantly raise the cost of violating the law.”

上海千花网品茶微信And, President Xi announced that China will strengthen intellectual property rights protectio

n in his April speech to the second Belt and Road Forum for International Cooperation.上海千花网

Also, the removal of the requirement that foreign companies enter in

上海千花网to joint ventures should alleviate any fears about mandatory technology transfers.

Financial market reforms

Reform of the financial sector is moving especially rapidly. China will allow full foreign ownershi上海千花网

p of securities firms, futures businesses and life insurance companies by 2020, a year earlier than was s

上海千花网品茶微信cheduled, Premier Li Keqiang told the Summer Davos Forum. Foreign institutions will be offered treatment e

qual to that of domestic companies in credit references, credit ratings and payments, he said.

Li emphasized that this reform is part of a broader push to force domestic上海千花网

firms to upgrade as they face foreign competition. “Further opening to foreign investors, we are no

上海千花网品茶微信t just providing them with opportunities to enter the Chinese market. We are also providing opportu

nities for the financial sector to upgrade and to improve its quality on a level playing field,” Li said.

Measures to boost private sectorThe Chinese government has also recently announced mea上海千花网品茶微信

sures to improve the availability of credit for the private sector and reduce taxes on it.

In a discussion with foreign CEOs at the Summer Davos meeting, Li noted that small and medium-sized companies and private e上海千花网

nterprises provide over 80 percent of employment in urban areas and 60 percent of GDP.

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ers on one charge would earn 5 credits for its maker according to previous equations, and in the draft proposal the credits will be redu

ced to 2.5, according to Cui Dongshu, secretary-general of the China Passenger Car Association.上海千花网

He added that the proposed policy encourages better technology as more efficient power consumption will earn more credits.

上海千花网女神会所Analysts said the plan’s release will help carmakers to coordinate their production plans, es

pecially international ones, which have been slower than Chinese ones to respond to policy changes.

Herbert Diess, CEO of Volkswagen AG, called for a stable policy envi上海千花网

ronment at the World New Energy Vehicle Congress held in early July in Hainan province.

The German carmaker said almost half of its new energy vehicles produced in 2028 will

上海千花网女神会所be made in China. China has been the largest market for new energy vehicles since it overtook the United States in 2015.

So far there are around 3.5 million such vehicles on its roads.

The country’s new energy vehicle sales surged 65.9 percent year-on-year to 577,000 units上海千花网

during the January-June period, data from the China Passenger Car Association showed.

上海千花网女神会所The draft proposal is expected to help boost hybrids as well, to which Japanese carmakers have devoted much time and money.

They would still be considered fossil-fueled but re-classified as “low fuel consu

mption passenger vehicles” and thus will incur less negative points than traditional vehicles.

Under the current system, automakers in China are obliged to make up for a portion of the negative points they incur whe上海千花网女神会所

n they produce internal combustion engine vehicles with points won for producing new energy vehicles.

Analysts said the revision could see more traditional vehicles replaced with hybrids, because when automakers prod

uce hybrids. The proposed change came as a surprise, some experts and industry officials said, because the gove上海千花网女神会所

rnment has never before given any preferential treatment for hybrid technology.

“The new proposed policy is a roundabout way to promote hybrid cars,” said Cui in a social media post.

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Making use of Guangdong-Hong Kong-Macao Greater Bay Area to become a hub

With its modern industrial system, Tianhe district in Guangzhou, South China’s Guangdong province, is seizing the oppo上海千花网品茶微信

rtunities brought about by the construction of the Guangdong-Hong Kong-Macao Greater Bay Area to become an

international first-class central business district, an international core area for innovation in science and t

上海千花网echnology, and a demonstration zone for Guangdong-Hong Kong-Macao cooperation.

Its solid industrial foundation and favorable business environment, as well as the gove

rnment’s strong policy support, attract large numbers of enterprises to the district.上海千花网品茶微信

By the end of November, 162 out of the Fortune Global 500 enterprises had invested in 228 proj

上海千花网ects in finance, science and technology, trade and commercial services in Tianhe. It is the city

‘s center for headquarters, with 104, or 29 percent of the total across Guangzhou, making Tianhe’s business dis

trict one of the three largest world-class central business districts in China. Among these, 95 percent of the h上海千花网

eadquarters in Tianhe are in the service sector and 25 headquarters are foreign-funded ventures.

上海千花网In the first three quarters of 2017, Tianhe’s GDP hit 304 billion yuan ($46 billion), up 9.5 percen

t year-on-year. Its GDP has been the highest among all the districts in Guangzhou for 10 years consecutively.

More importantly, experts said innovation, high-tech and service上海千花网

sectors have become the driving force of the district’s economic growth. The district go

上海千花网品茶微信vernment focuses more on quality rather than quantity when it comes to the economy.

With 53 innovation platforms and 51 startup incubators above city level, the district government is carrying out what it c

alls its “super incubator” strategy. It is making use of old industrial parks, factory workshops and public sites co上海千花网品茶微信

llectively owned by villagers to provide a platform for startups and to foster local economic growth. So far, Tianhe has cr

eated 29 of this kind of incubators for startups and innovation, covering a total area of 1.11 million square meters. The di

strict is also implementing a convenient “five-in-one” new business registration system.上海千花网品茶微信

As a center of finance and technology industries, Tianhe has 215 registered financial agencie

s and 33 enterprises listed on the stock market. It boasts 378 research and development institutes set u

p by enterprises, 86 institutes affiliated to universities and governments, and 239 engineering technology research centers.上海千花网品茶微信

Last year, 4,312 patent applications were submitted in Tianhe, 32 percent

of the city’s total and a rise of 45 percent year-on-year. Among these 1,158 patents were granted.

By the end of last year, Tianhe had 1,403 high and new-technology ent

erprises, as well as more than 50,000 science and technology enterprises.

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e small and medium-sized enterprises, many of which are family businesses and contribute the greater part of the country’s GDP.

“上海千花网Poland is known worldwide for the q

uality of its food, such as apples and milk, which are already available on the Chinese m

arket. We believe that Chinese consumers will be more open for new tastes of Polish food in the near future,” Skoczek said.

He said the CISMEF is an international event which features the highest level, largest scale and most wid

e-ranging influence in the Asia-Pacific region and specially serves SMEs. Over the past 13 years, 16 countries and international organizations in Asia, Europe, Oceania, America (North上海千花网

America and South America) and Africa have been invited to host the exhibition, with its international influence growing year by year.

The 14th CISMEF will feature South Africa and the United Nations Industrial Development Organization (UNI

DO). With an exhibition area of more than 1,000 square meters, South Africa will appear with more than 70 characteristic enterpris上海千花网女神会所

es in industries such as agriculture, and services, to promote and present distinctive local products, industrial investment environment and cultural customs. UNIDO will set up

a special promotion area in the International Hall to popularize the knowledge of industry, and provide technical support and projects needed by SMEs.上海千花网

Currently, 31 countries, regions and organizations have confirmed their participation and booked 1,028 booths, including South Africa,

UNIDO, Egypt (first time), Malaysia, Thailand, Cambodia, Myanmar, Greece, the UAE, the United Nations Office for South-South Cooperation, Japan, Poland, Sri Lanka, Russia, Sou

th Korea, Vietnam, Bulgaria, Iran, Nigeria, Germany, Indonesia, the USA, Spain, Australia, Qatar, Brazil, New Zealand, Israel, Taiwan, Hong Kong and Macao.

上海千花网女神会所Responding to the national strategy of opening up, the fair will host several international pavilions featuring the Belt and R

oad; China-Africa Cooperation Mechanism and the Guangdong-Hong Kong-Macao Greater Bay Area; Africa pavilion; Central and Eastern Euro

pe pavilion; Middle East pavilion and Hong Kong; and the Macao & Taiwan pavilion will be set up to present distinctive products and 上海千花网女神会所quality services.

A wide range of practical events, such as the second Asia-Europe SME Financing Seminar, SME Cross-border M

atchmaking Seminar and Business Promotion of Overseas Exhibition Groups and Purchase Presentation, will be held conc

urrently to build a capital, technology and intelligence networking platform for Chinese and foreign SMEs.

With 6,000 standard booths and an exhibition area of 150,000 square meters, the 14th CISMEF is hosted by the Ministry of Industry and Info

rmation Technology of the People's Republic of China, the State Administration for Industry & Commerce, the People

's Government of Guangdong Province, the Department of Small Business Development of South Africa and UNIDO.

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e prototype of how business should be run. Car company executives were seen as the most capable manage

 上海千花网品茶微信rs. In 1953, president Eisenhower chose Charles Wilson, known as “engine Charlie,” to be his Secretary of Defense.

Then, in 1961, president Kennedy chose Ford president Robert McNamara for the same position. (Of course, McNamara’s incredible mismanagement of the war in Vietnam reduced any confidence that car company executives were especially competent.)

By the late 1960s, the “big three “car companies in the US – General Motors, Ford, and Chrysler – formed a virtual oligopoly and turned lazy. 上海千花网

I remember American cars my father bought in these years often overheating and breaking down by the side of the road. Dad would have to stay by the car with my m

other and sisters while I walked a long way to find a service station and arrange a tow. (This was long before mobile phones.) 上海千花网品茶微信

So, American consumers were ready for more competitive Japanese-made cars, which had consistently high

er quality, to enter the market. My father switched to Japanese cars in the 1970s, and never bought another American-made car. 上海千花网

American car companies saw their profits fall and were not able to pay their workers t

he very high wages made possible by a closed, non-competitive market. The US government responded by

 上海千花网品茶微信imposing quotas on the import of Japanese cars and by pushing Japan to rapidly raise the value of the yen.

Obviously, there was a conflict. American consumers benefitted from the cheaper, better cars while workers at the big three saw their jobs become less secure and the

ir wages fall. Fortunately, the protection was only partial and temporary, so the competition eventually forced US carmakers to improve.

Competition is at the heart of the current disputes over globalization and technology. On net, the spread of econo 上海千花网品茶微信

mic opportunities around the world has been a great boon. Many products are more widely and cheaply available than ever before.

Many countries, including China and India, have greatly reduced poverty and given opportunities to their people that would have been undreamed of by earlier ge 上海千花网

nerations. American and Western European companies and consumers have greatly benefitted.

But nobody really likes competition against themselves. Most people like some degree of stability and protection. A worker w

ho has put in 20 or 30 years in an industry will definitely feel that it is unfair to have to move to a much lower-pa

ying service job. A company facing new competitors will try to convince its home government to stop the competition.

Americans saw many benefits from the second globalization period. As Japanese and, later Chinese, manufacturers began to export t

o the US, many consumer goods became a lot cheaper in US stores. Many American companies made good profits by exporting t

o the newly open markets or by outsourcing manufacturing to cheaper and/or better factories outside the US.

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The annual China International Small and Medium Enterprises Fair has played an increasin

上海千花网女神会所gly important role of strengthening cooperation between Chinese business owners and their overseas counterparts, said the event’s organizers.

This year’s fair will start on Oct 10 in Guangzhou, capital of Guangdong province, with 6,000 booths that cover a total area of 150,000 square meters.

Over the past 13 years, more than 8,200 overseas companies had participated in the fair,上海千花网

and 16 countries and international organizations had served as co-hosts of the event.

Following Russia and India, South Africa becomes a co-host of the fair this year, showing the important role of the fair of promoting trade and

上海千花网女神会所economic cooperation among members of BRICS, a commonly used acronym for the emerging-market economies of Brazil, Russia, India, China and South Africa.

International business fair promotes entrepreneurial cooperation, trade

The United Nations Industrial Development Organization is another co-host of this year’s event.

“Thanks to its growing importance of promoting cooperation among global SMEs, more countries and international organizations have shown their interests in co

-hosting the event,” said He Zuoxian, deputy director-general of the Guangdong SME Bureau and director-general of the Bureau of CISMEF.上海千花网

He said a growing number of countries, including the United Arab Emirates, Nigeria, Britain and Israel, are preparing to s

end delegations to the event and will talk to the organizers about possible cooperation with the fair in future years.上海千花网女神会所

Edith Vries, director-general of the Department of Small Business Development of South Africa, said the annual CISMEF has become a global sta

ge where the country’s entrepreneurs display their products to the international market.

“We intend to use the fair as a platform to unlock markets for our small businesses and cooperatives,” Vries said.

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novation needs to play 上海419论坛品茶微信a bigger role in driving technological innovation,” Li urg

ed, “It will also help incentivize innovation in both application and basic research.”

Support will be given to innovation and entrepreneurship centers in u

ndertaking pilot programs in the approval and implementation of science and tec

hnology projects, rights confirmation of research finding上海419论坛品茶微信s and commercialization of research results.

The meeting also decided to build platforms for business startups and inno

ation, and to promote the integrated development of companies of different sizes.

Incentive mechanisms regarding stock rights and remunerations

will be further refined to promote innovation by enterprises of all types.

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Construction on 上海千花网女神会所the buildings at Tesla’s Shanghai plant has almost completed and the production equ

ipment is being prepared for installation, the auto news website Eelectrek reported on Sunday.

However, a representative at Tesla’s China branch said the plant is not yet finished, and these details are the same as th

e news released at the Tesla shareholders’ meeting, according to National Business Daily.

With an investment of over 50 billion yuan ($7.22 billion), the Shanghai plant, or Gigafactory 3, is the co

mpany’s first manufacturing facility outside the US and the first wholly foreign-funded automotive production project in China.

China is the world’s largest new energy automobile market, so

having manufacturing capacity in the country will help Tesla avoid increasingly unce

rtain import tariffs because of the trade tension between China and the US, said the new website.

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ty of 10 years in 上海千花网品茶微信prison for each charge. He was initially accused of violating the US Espionage Act.

He was sentenced to 50 weeks in jail in May for breaching the Bail

Act in Britain after having been expelled from Ecuador’s Embassy in London, where he was gra

nted refuge in 2012 while on bail in Britain over sexual assault allegations against him in Sweden.

Assange has said that he does not consent to being extradited to the US over charges related to leaking government secrets.

More evidence and details emerged as prosecutors laid out their cas

e in the federal death penalty trial of Brendt Christe

nsen in the slaying of 26-year-old missing Chinese scholar Zhang Yingying, at the federal courthouse on Thursday.

Christensen, 29, a former physics graduate student at the University of Illinois,

is accused of picking up Zhang at a campus bus stop, then raping and torturing her in his apartment,

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bor-inte上海千花网女神会所nsive products, and the country saw deficits for products including aircraft, integrated circuits, auto

mobiles and agricultural products, indicating that both countries have capitalized on their respective industrial advantages.

“Strict controls by the US over exports to China is one of the important reasons for the trade deficit,” the re

port said, adding that the measures involve around 3,100 items in 10 categories, mostly high-tech products.

Tom Harper, a researcher at the University of Surrey in southea

stern England, said since the Sino-US trade friction escalated, the impact is already being

felt on global supply chains. For example, China has sought to move away from the US to other countries for the goo

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ds it needs. Brazil, for example, has begun to supply China with soybeans previously bought from the US.

These moves demonstrate the dangers of trade conflicts, with US farmers bearing the brunt of Chinese tariffs, Harper said.

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