China 2008 Ready? Go!

2008 will undoubtedly witness a series of new developments in China's economy, some will be unpredictable,and some will meet the turning corner, while others will fulfill expectations. An analysis of the reasons, developing trends and relevant policies behind these hot issues will help to outline China's economic development in 2008.……     

China 2008 Ready?Go!

2008 will undoubtedly witness a series of new develop- ments in China's economy,some will be unpredictable, and some will meet the turning corner,while others will fulfill expectations.An analysis of the reasons,develop- ing trends and relevant policies behind these hot issues will help to outline China's economic development in 2008.     

Major Factors influences the 2008 Stock Market

2007 was an unusual year for China's stock market, as the index climbed from 2675 points up to 6124 by the end of the year, setting new records again and again throughout 2007. What will happen to the stock market in the coming 2008? Let's havea look at some of the main factors that will influence the stock market this year, perhaps we can find out if 2008 will be another memorable year full of surprises.……     

China 2008 Ready？ Go!

2008 will undoubtedly witness a series of new developments in China＇s economy, some will be unpredictable,and some will meet the turning corner, while otherswill fulfill expectations. An analysis of the reasons, developing trends and relevant policies behind these hot issues will help to outline China＇s economic development in 2008.     

Anti-Monopoly Law and Its Implications for Foreign Companies in China

On August 30 2007,after more than a decade of legislative efforts,the Standing Commit- tee of the National People's Congress (NPC),China's top legislature,completed its third official reading of the draft Anti-monopoly Law (AML) and formally adopted it as the country's first comprehensive competition law.The Anti-monopoly Law will become effective on 1 August 2008,to guard against monopolistic conduct,safeguard competition,improve eco- nomic efficiency,protect public and consumer interests,and promote the healthy development of the socialist market economy.After 13 years of debate,the final adoption of the AML marks an important step toward an effective competition regime in China's move toward a market econo- my.This article introduces the history of China's Anti-monopoly Law,summarizes some of its key provisions,highlights some of the major improvements on the June 2007 draft,and discusses the major implications for foreign companies doing business in China.     

Foreign Trade in 2007, Stable and Rapid Development Forecasted——Interview with Li Jian, Senior Researcher, Department of China''s Foreign Trade,Chinese Academy of International Trade and Economic Cooperation, Ministry of Commerce

2006 is the fifth anniversary of China's WTO Accession. As we have seen, China's foreign trade has witnessed rapid development. We now have to be aware of some potential difficulties: trade surplus has increased greatly, the exchange reserve has increased steeply, which has imposed great pressure on China's foreign trade polices and exchange policies;the unbalanced international trade will conttnue, the RMB also faces appreciation; etc. Therefore, what foreign trade developments will occur in 2007?     

Pragmatic Development: Briton, China Economic and Trade Relations An Interview with British Ambassador

Briton is a very important trade partner of China in Europe.Beijing and London will hold Olympic Games successively in 2008and 2012. In the late period of October,China's Foreign Trade interviewed with Sir. Christopher Hum, British Ambassador in Beijing.     

ECONOMIC AND TRADE NEWS

China's Industrial Structural Level Upgraded in Fifteen Years The change of China's industrial structure has its own characteristics. Inthe coming 15 years, along with the rapid growth of the national economy, the application and popularization of high technologies and the promotion of labour productivity, the country's manufacturing industry will furthercreate a higheradded value of its products. The competitiveness of industry will also be upgraded. A rough estimate shows that the proportion of the primary, secondary and tertiary industries in GDP will change from 28.4     

Measures of the Customs of the People's Republic of China for the Administration of Centralized Declaration of Import and Export Goods

In addition,new measures of centralized declaration of import and export goods in China's Customs will be aken from this May.Therefore,China's Foreign Trade offers you the latest information. Decree of the General Administration of Customs No.169 Measures of the Customs of the People's Republic of China tor the Administration of Centralized Decla- ration of Import and Export Goods,which were deliberated and adopted at the executive meeting of the General Ad- ministration of Customs on January 4th,2008.are hereby promulgated and shall enter into force as of May 1st,2008. Mou Xinsheng January 24th,2008     

China to Quicken the Development of Logistics from Five Respects

China's logistics was developing fast with total growth of 30% in 2004, and China will quicken the development of logistics service industry from five respects in 2005. The reporter learnt this news from China Logistics and Purchase Federation. "Suggestions on Promoting Development of China's Logistics Industry" is an important document of Chinese Government since the "several suggestions" in 2001. It offered the new opportunity for China's logistics industry's development. Chinese logistics industry will implement it as the focal point of the work.     

Observations on Textile Sector Stocks in China

In the long run,China's textile indus- try is going to see a new round of growth.Further industrial restruc- turing will channel resources to pacesetting and competitive enterprises in all fields from chemical fiber to textile and apparel.In that way,the entire textile industry will gain more competitive edg- es.Therefore,some fields are still ideal     

Who Will Trigger the Bomb of Price in the Auto Market in 2003 in China?

Despite China's auto market is till immersed in the afterglow of its "great eruption of oil well," as if every model of cars, costing a high price or low price, would all sell well on the market, yet it can be predicted that the year 2003 will, no doubt, be a year of price for China's auto industry. As soon as a big equivalent "bomb of price" would blow off in the beginning of the year, the pricing in China's auto market is sure to go through a sweeping reshuffle, and an effect of the theory of domino is inevitable to follow. No wonder, the market will be shaken by a price downslide of some key model of car produced by a solid-founded enterprise, with a drastic price down of RMB50000 for each car!     

China to Be Ranked 3rd in Global Trade

According to the report on China's foreign trade released by Ministry of Commerce on November 12 that the total volume of China's imports and exports this year will reach around US$1.1 trillion, up 30% for the first time. It is expected to rank the 3rd in global trade.The report says that under the favorable domestic and international economic environment, China's foreign trade will     

Foreign Trade in 2007,Stable and Rapid Development Forecasted——Interview with Li Jian,Senior Researcher,Department of China's Foreign Trade,Chinese Academy of International Trade and Economic Cooperation,Ministry of Commerce

2006 is the fifth anniversary of China’s WTO Accession．As we have seen,China's for- eign trade has witnessed rapid development．We now have to be aware of some potential difficul- ties:trade surplus has increased greatly,the ex- change reserve has increased steeply,which has imposed great pressure on China's foreign trade polices and exchange policies;the unbalanced internationaltrade will continue;the RMB also faces appreciation;etc．Therefore,what foreign trade developments will occur in 20077? Will the situation improve? With these questions, China's Foreign Trade interviewed Prof．Li Jian, Senior Researcher,Department of China's For- eign Trade,Chinese Academy of International Trade and Economic Cooperation,Ministry of Commerce．     

Foreign Economic and Trade Arbitration Cases

In the last decade as more and more foreign-related commercial disputes have emerged, the China International Economic and Trade Arbitration Commission and the China Maritime Arbitration Commission have been among the world's major commercial arbitration centres. They play an independent and fair role in handling cases, and this has recognized worldwide. From this issue, we will introduce some cases handled by the two arbitration commissions to help our readers have a better understanding of China's foreign arbitration practices and to promote the healthy development of international commercial cooperation.     

What Is the Economy Really Doing, and Where Is It Going?

China's official GDP statistics say the economy grew 8.9％ in Q4-2011,and 9.2％ for the year -pretty quick Given widely held expectations of a slower Q4 and general scepticism on Chinas economy,some might wonder whether these numbers are accurate.At times of stress,we know that China's GDP numbers can appear a little weird.In late 2008,we recommended a number of growth proxies to watch in case the GDP numbers became less reliable,including electricity production,freight traffic,and production of key industrial goods.All of these proxies suggested a deeper downturn in late 2008 and early 2009 than the official GDP numbers showed.In this note,we check in on those proxies,and they suggest that the economy is indeed continuing to expand,albeit at a more moderate pace than in 2011.     

Forestry——A New Field for International Cooperation

Strengthening international cooperation is the focus of China's forestry sector's opening to the outside world. In the past few years, China has conducted various forms of cooperation in the forestry industry with many other countries and international organizations and the cooperation will be strengthened on the basis of mutual benefit. All efforts are aimed at expanding the opening of China's forestry industry and upgrading the level of forestry     

VICE MINISTER ZHANG JINQIANG ON CHINA'S ELECTRONICS MARKET IN 1996

Zhang Jinqiang,Vice-minister of the Electronics Industry,briefed the reporter on the development prospects for China's electronicsmarket in 1996. Zhang Jinqiang said,China's electronics industry in 1996 willsustain high growth,with an estimated increase of 20 percent over1995 to hit RMB 270-280 billion in gross industrial output value.Itis expected that the market for investment electronics represented bycomputers and telecommunications equipment will be prosperous,while the consumer electronics market will witness little fluctuation.Meanwhile,multi-media technology will make consumer productsdigitalized.     

China's Stock Market:New Year,New Trends

After experiencing two years of a bull market,the A-share market will be faced with more change and uncer- tainty in the Year of the Rat, and for China's stock market as a whole it will also be an extraordinary year.     

Deep-seated Problems Haven''''t Yet Been Addressed

China's capital market has changed remarkably in recent times, finally recovering after a long period of painful adjustment. In the depths of extreme market depression, people have profoundly experienced and understood some deep-seated problems confronting China's capital market in the last four years.