Skip to content

All posts by LKY

Duowei: Beidaihe Meeting Ended Quietly – China Is Free of the “Elder Statesman Politics”

According to an article that Duowei published, the outcome from the recent Beidaihe meeting or “summer summit” indicated that Beijing has finished the final stretch of the preparation that has been planned for the upcoming 19th People’s Congress. One unique phenomenon that materialized at this meeting was the “silence” that the elderly members of the Communist Party of China, who held substantial power during the 1980s and 1990s, displayed, compared to the 18th National Congress in 2012 when several of the elderly members made frequent appearances prior to the conference. The article quoted another Duowei article which stated that it was an indication that China (Xi Jinping) is almost free of “elder statesman politics.” However it does not mean that the elderly members are completely out of the picture. One example is Jiang Zemin, who had his 91st birthday on August 17. His health has always been a subject of the public’s attention. The article stated that one of the major agenda items to watch for in the 19th National Congress is the personnel changes and whether Wang Qishan, a member of the seven-man Politburo Standing Committee will still remain in power.

Source: Duowei, August 19, 2017
http://news.dwnews.com/china/news/2017-08-19/60007772.html

State Council Issues Guidelines on Overseas Investments

On August 4, the State Council published a guideline on its website about overseas investments. The Commerce Department of the National Development and Reform Commission, the Bank of China, and the Ministry of Foreign Affairs developed the guideline. The guideline encourages investments that will promote international cooperation, improve research and manufacturing capabilities, compensate for the domestic energy shortage, and improve quality.

The guideline listed investment fields that the State supports: projects that promote the “one belt one road” and infrastructure construction in the region; the export of domestic high quality equipment and technology; the enhancement of cooperation with foreign high tech companies and those with advanced manufacturing technology; the setting up of foreign research centers; natural gas and resources exploration and the development, after careful evaluation, of economic benefits; advances in cooperation in agriculture and the launch of projects that have mutual benefits; and supporting qualified financial agencies to set up branch offices overseas.

The article also listed the areas that are limited in foreign investment: countries with which China does not have foreign diplomatic relations; regions involved in wars; real estate, hotels, movie theaters, or entertainment; sports clubs; investment funds that don’t have a specific project; and technology, environmental standards, energy indexes and safety regulations that do not meet the requirements of the investing country.

The areas that are prohibited in regards to foreign investment include military technology and products that are not approved by the State; technology, skilled products or those that are banned from being exported; gambling and prostitution; and investments banned in accordance with international standards or which endanger the nation’s security interests.

Source: Gov.cn, August 18, 2017
http://www.gov.cn/zhengce/content/2017-08/18/content_5218665.htm

Xinhua Published Analytical Article on U.S. Launching a “301 Investigation”

On August 18, the U.S. officially launched an investigation into China’s trade policy on intellectual property under Section 301 of the Trade Act of 1974. On August 20 Xinhua published an analytical article on the “301 investigation.” As to the motive for the investigation, the article stated that it was because Trump wants to fulfill his campaign promise and solve the “so called” unbalanced trade issue. Also the U.S. is taking advantage of the length of the investigation, which may take between six months and one year, to further push China to open its market in service or high value-added industries. As to the impact of the investigation, the article quoted an expert who said that it is unlikely that a trade war between the U.S. and China will take place as the investigated products only account for a small portion of the total U.S. China trade and because the U.S. and China are heavily dependent on each other economically. It further quoted a source that said some believe that the investigation will hurt Chinese companies, their suppliers, and their sales agents, as well as the retail business in the U.S. Others said that China needs to be on the alert for the investigation having a chain effect because other countries may follow the same path. As to how China should react, the article stated that China should monitor the progress closely and use international rules to protect its own interests. According to one expert, in order to minimize the impact of a “301 investigation,” China should change itself from a “factory” into a “headquarters” that is equipped with the capability of doing research, manufacturing, and sales.

Source: Xinhua, August 20, 2017
http://news.xinhuanet.com/world/2017-08/20/c_1121512818.htm

RFA: Over 2.65 Million Haigui in 2016 and the Number Is Expected to Grow in 2017

RFA published an article stating that, according to a research paper that the CCG (Center for China and Globalization) published, which was about jobs and entrepreneurship for Haigui, (Haigui refers to students who return to China after studying abroad), by the end of 2016, the number of Haigui exceeded 2.65 million. It is expected that the number will grow in 2017. Over half of Haigui believe they can recover the cost of their overseas education within five years. IT, telecommunications, electronics, and the Internet in the private business sector are the fields that most attract the Haigui. Haigui prefer technology, renovation, and the service industry in second tier cities to pursue startup business opportunities.

Source: Radio Free Asia, August 13, 2017
http://www.rfa.org/mandarin/Xinwen/7-08132017152156.html

Duowei: China Launched Internet Crackdown to Secure the Internet Prior to 19th National Congress

According to Duowei, a number of Internet security measures have been launched recently to ensure Internet stability prior to the 19th National Congress. On August 11, the Cyberspace Administration launched an investigation against Ten Cent Weixin, Sina Weibo, and Baidu Post Bar for alleged cases in which its users spread violent content, rumors, and sexually explicit material. Such acts violated the Internet Security Law that was introduced on June 1. Several Internet service providers including VeryCloud and EnHT Technology companies conducted a “one-key shutdown” drill in early August. The drill tested their ability to shut down Internet service immediately when they received an official notice. In addition to tightened control over VPNs, the central administration also issued a notice to its party members to exercise restraint over Internet activities to make sure no one spread information that damaged the party’s image or published commentary articles that contained politically sensitive topics.

Source: Duowei, August 11, 2017
http://news.dwnews.com/china/news/2017-08-11/60006388.html

SARFT Sets Program Guidelines for Satellite TV Stations

According to a notice that the SARFT (the State Administration of Press, Publication, Radio, Film, and Television) issued, satellite television stations should be news based television stations. They shouldn’t simply pursue or fabricate means to influence their TV ratings. They are required to control television programs aired during prime time. Those programs should not contain TV dramas that have excessive entertainment content or sensitive topics; they should air programs that cover public welfare, culture, science, and the economy. For entertainment programs, the stations are asked to limit reality TV or entertainment programs that use movie or TV celebrities or TV programs that copy their format from those in foreign countries. As to selecting special guests or commentators, they must use positive moral character and artistic achievements as the top criteria.

Source: Guangming Daily, August 7, 2017
http://e.gmw.cn/2017-08/07/content_25481844.htm

Free High Quality Images Download Free Stock Images Download Free Images Free Stock Photos & Images Beautiful Free Stock Photos (CC0) Free stock photos