The 4th Annual"A Legend of the Future China's Leading Enterprises of Tomorrow Award"was Launched

Standard Chartered Bank(China)Limited("Standard Chartered China")announced the launch of the 4th"A Legend of the Future-China's Leading Enterprises of Tomorrow Award"("SME Awards")on June 10,2009,in Beijing.Against the backdrop of the global financial tsunami,the 4th SME Award aims to help Small and Medium Enterprises(SMEs)ride out the financial storm and thrive despite the adverse economic environment.     

潍柴动力

Weichai Power Co.,Ltd. （＂Weichai Power＂ or ＂the Company＂）, founded in 1946, is an automotive component supplier in China with a long history of over 60 years. The Company has a staff of over 30,000 and total assets valuing at RMB 21.2 billion. In 2006,Weichai Power was ranked the 181st among the list of China＇s Top 500 Enterprises, the 71st among the list of China＇s Top 500 Manufacturers, and the22nd among the list of Top 500 Enterprises in China＇s Machinery Industry.     

What＇s on NPC ＆ CPPCC Sessions 2010？——Highlights of Premier Wen＇s Press Conference

The Third Session of 11th National People＇s Congress （NPC） of China and the Third Session of the 11th National Committee of the Chinese People＇s Political Consultative Conference（CPPCC） are held in Beijing from March 5-14 ,and March 3-12 respectively,China＇s less than two weeks time lasted but most important＂two sessions＂ won spotlights this year with no exception .     

Tough ＆ Long＂Going-Out＂ Road -- Review on the Internationalization of China＇s Auto Industry

In 2008, the momentum of the outward investment of Chinese enterprises was strong. The amount of outward investment continued to grow rapidly, and has for the first .time exceeded USS50 billion, reaching USS55.91 billion. China＇s automobile industry has undergone decades of development and has formed a huge production capacity, with part of its pioneering enterprises having conducted a number of useful attempts in internationalization. The once-in-a-century financial crisis influenced various industries in every country. Nevertheless, China＇s auto enterprises are facing a rare opportunity in outward investing. Enterprises need to achieve their own technological upgrading with the ＂going global＂ strategy in order to maintain long-term stability and sustainable development.     

Standard Chartered：Is China Ready？

＂Despite the slowdown in the U.S. economy and the different global impacts stemming from the turmoil,＂ said David Leung, Chief Investment Officer of Standard Chartered China, ＂Emerging markets like China have still maintained healthy growth.＂     

Survey on Current Conditions of and Intention for Outbound Investment by Chinese Enterprises （Part I）

After two preliminary trials in 2005 and 2006, China Council for the Promotion of International Trade （CCPIT） conducted the ＂Survey on Current Conditions of and Intention for Outbound Investment by Chinese Enterprises＂ from December of 2008 to February of 2009. We standardized the samples and enlarged the scale to present an in-depth landscape of the current conditions of and intention for outbound investment by Chinese enterprises as China adopts the ＂＇Going Global＂ strategy to encourage outbound investment, and the development of outbound investment by comparing the results of this survey and the previous two surveys. This survey was also intended to find out Chinese enterprises＇ opinions on and demand for the ＂Going Global＂ policies and service system adopted by the Chinese government.     

Income Tax Law of the People''''s Republic of China on Enterprises with Foreign Investment and Foreign Enterprises

(Adopted at the 4th Session of the 7th National People's Congress on April 9,1991 and promulgated on the same day on Order No.45 of the President of the People's Republic of China) Article 1 Enterprises with for- eign investment in the People's Republic of China shall pay income tax on their income from production,business opera- tions and other sources in accordance with the provisions of this Law.     

SMEs Strengthening to Increase Corporate Social Responsibilities

On January 17,the China SME Social Responsibility Report Issuance Meeting and the Founding Ceremony of the CCOIC SME(Small and Medium-sized Enterprises)Commission was held at the Great Hall of the People,Beijing.It is said that the SME Commission aims to encourage SMEs’involvement into global capacity and trade cooperation and help them expand the international market.     

Promoting Friendship on the Road to Development

As Bangladesh celebrated its 37th anniversary of Independence and National Day on March 26, China＇s Foreign Trade interviewed H.E.Mr.Munshi Faiz Ahmad,Ambassador Extraordinary and Plenipotentiary of Bangladesh to the People＇s Republic of China.＂Bangladesh and China enjoy traditional friendship for a long time.For example,Xuan Zang （the Chinese Buddhist monk famous for his＂Journey to the West＂during the Tang dynasty） and Admiral Zheng He （the great Chinese navigator from the Ming dynasty） visited Bengal in their respective times.     

Ready to Embrace Chinese Investors？

A good friend of China,who from ASEAN countries,once said that＂The biggest difference of China between her past and present is that China is rich now with large foreign exchange reserves in the bags＂Yes,the Chinese government is encouraging his enterprises to go abroad by various means.Facilitating Chinese enterprises to invest globally is in accordance with China＇s present Go Global Strategy exactly.And The 2nd Chinese Enterprises Outbound Investment Conference （CEOIC）, co-hosted by China Council for the Promotion of International Trade （CCPIT） and Ministry of Commerce of China is a good example to that.     

Survey on Current Conditions of and Intention for Outbound Investment by Chinese Emerprises （Part III）

After two preliminary trials in 2005 and 2006, China Council for the Promotion of International Trade （CCPIT） con-ucted the ＂Survey on Current Conditions of and Intention for Outbound Investment by Chinese Enterprises＂ from December of 2008 to February of 2009.     

Innovation,key for＂Made in China＂ to out of crisis

China＇s foreign trade and export enterprises have encountered unprecedented pressure during the global financial crisis - but analysts say they believe innovation is the way out for the ＂Made in China＂ brand.
The Quanzhou Baofeng Shoes Company, one of China＇s leading producer of slippers, is precisely the type of exporter that should be on its knees. Headquartered in Quanzhou, a coastal city in southeastern Fujian Province, Baofeng used to export 90 percent of its annual output to the United States.     

Survey on Current Conditions of and Intention for Outbound Investment by Chinese Enterprises （Part Ⅱ）

Executive Summary
After two preliminary trials in 2005 and 2006, China Council for the Promotion of International Trade （CCPIT） conducted the ＂Survey on Current Conditions of and Intention for Outbound Investment by Chinese Enterprises＂ from December of 2008 to February of 2009. We standardized the samples and enlarged the scale to present an in-depth landscape of the current conditions of and intention for outbound investment by Chinese enterprises as China adopts the ＂Going Global＂ strategy to encourage outbound investment, and the development of outbound investment by comparing the results of this survey and the previous two surveys.     

The New Growth Enterprise Board

As a serious snowstorm hit most of southern China,some heart-warming news on the capital markets came from the National Work Conference on Securities and Futures Supervision held on January 16th and 17th.According to Shang Fulin,Chairman of the China Securities Regulatory Commission（CSRC）, securities regulators hope to open a new stock market in the first half of the year aimed at high-growth enterprises.＂The Growth Enterprise Board has a chance to be launched after China＇s first two sessions,＂ said Chen Siwei, Vice- Chairman of the Standing Committee of the National People＇s Congress （NPC） on January 19th, ＂Preparations for the Growth Enterprise Board have been completed, and we are just waiting for the go-ahead.＂     

Voices from the ＂Summer Davos＂ in Asia

China pledges to sustained growth
Wen Jiabao, Premier of the People＇s Republic of China, opened the World Economic Forum＇s Annual Meeting of the New Champions, laying out an ambitious agenda to reinvigorate China＇s economy while meeting social goals. He explained the nation＇s stimulus plan and called for increased cooperation to meet collective challenges as the world recovers from the recent financial turmoil. ＂Over the past year, the world economy has experienced the most severe challenge since the Great Depression,＂ said Wen. ＂Thanks to the concerted efforts and active measures of the entire world community, the world economy has started to recover.＂     

Q＆A as for Foreign Business Practice in China

Q：What materials shall be needed when a foreign company of foreign trade invests and registers within China？
A：There are various forms of investment within China, and you may refer to the following policies and regulations： the Catalogue for the Guidance of Foreign Investment Industries, the Law of the People＇s Republic of China on Foreign-Capital Enterprises, the Rules for the Implementation of the Law of the People＇s Republic of China on Foreign-Capital Enterprises,     

The Press Conference for the 7th China Auto International （Chile ＆ Peru） Exhibition Tour Held

On September llth 2009, 2009 APEC SME Summit, themed by＂small enterprises, big dreams＂ was held in Hangzhou, China. Entrepreneur delegates from 21 Asian-pacific countries and regions gathered in Hangzhou, discussing the issues concerning the development of small and medium enterprises （SMEs） and sorting out the experience for the SME to bottom out of the recession. Zhang Wei, Vice Chairman of CCPIT attended and addressed the summit.     

City Management efficiency Indexes of China＇s 200 Cities and Provinces （CMEICN 2007）——Issued by World Economy Research Centre of BTBU School of Economics（WERCCN） ＆ China Economy Index Centre of Beijing Circulation Industry Research Centre（BCEIC）

In the 21st century, China has entered into an era in which city is the principal part of development. Cities, as the basic unit of a country＇s social and economic development, undertake multiple functions such as political, social, economic and environmental management. The ＂City Management Efficiency Indexes of China＇s 200 Cities and Provinces＂ （CMEICN 2007）, organized and compiled by Professor Ji Zhu, Director of both WERCCN and BCEIC, i.e.     

Fly Your Own Kite High——Interview with Susan Huang,Deputy General Mananger of Mcc Paper Yinhe Co.,Ltd

Susan Huang, a legend in the paper making industry at home and abroad, has built MCC Paper Yinhe to be a renowned brand by herself and her team, and the company, starting from the scratch now grows to be a large-sized strong one, which has products exported to 95 countries and districts throughout 6 continents. She is also the winner of ＂Qilu Friendship Award＂ in 2008, given by Shandong Provincial People＇s Government to the Foreign Experts who have great contribution to the Economic Development of Shandong Province, and rewarded as ＂Female Pacesetter＂ this year, by the All-China Women＇s Federation （ACWF）. Brave enough as Huang, she chose a rocky road to start the imp. ＆ exp. business after her return to China from Canada in an unknown and strange small city of China, however, dreaming to flying high in the sky. With unyielding determination and tremendous efforts she paid, her company, Yinhe is like a delicate paper-made kite, flying high in the international market.     

More Open to the Global World ——On the 7th Anniversary of China＇s Entry into the WTO

The newly passed 2008 marked the 7th anniversary of China＇s entry into the WTO. Embracing the change we prepared and matured to the challenge of becoming WTO member, an act which opened numerous opportunities to our country. Looking back on the past seven years, we realise the significant positive changes that had taken place ——China＇s values changed, our economic strengths increased, we adapted to and embraced WTO rules and economic mechanism, transformative steps which fostered our reform of＂opening-up＂ policy.