Thelma

The current joint operat上海夜网t the first of its kind

 for Herbert Smith Freehills. The London-headquartered law firm has also been work

ing with Hiswara Bunjamin and Tandjung in Indonesia in a similar fashion for the last 15 years.上海夜网女神会所

Gavin Guo, international partner of Kewei, said that they had submitted an application for the joint operation to the Shang

上海夜网hai Municipal Bureau of Justice earlier this year and it took them three months to get the green light.

According to Guo, the joint operation of law firms is different from a joint ven

ture and does not include equity options. The two law firms are still independent e上海夜网女神会所

ntities but share administrative resources and provide one-stop legal services to clients.

Such joint operation models are attractive for multinational companies with operat上海夜网

ions in China and outbound Chinese companies, said Guo. Before this, companies need to go to a foreign la

上海夜网女神会所w firm and a Chinese law firm separately for legal services. This can be avoided as communication with both the l

aw firms can be completed in the same office and will incur only a single charge, he said.上海夜网

“Given the current global economic and political uncertainties and trade friction, governments are tightening their scru

上海夜网tiny and regulation in areas like foreign direct investment. The joint operation model will play a big role in te

rms of transaction habits, disputes resolution and even company strategies,” he said.

The first joint operation was set up by the Chicago-headquartered Baker McKenzie and Beijing Fenxun Partners in April 201上海夜网女神会所

5. In an action plan rolled out in April 2018, the Shanghai Municipal Bureau of Justice said it will study the possibility of pro

moting the joint operation model to the rest of the city to further improve the business environment.上海夜网

Domestic enterprises accelerate pace of innovation amid friction between China, US

The structure of China’s foreign trade will continue to improve with more flexibility in the second half of this year du上海夜网女神会所

e to its institutional, industrial and market advantages, officials and experts said on Thursday.

Li Kuiwen, a spokesman for the General Administration of Customs’ Department of Statis上海夜网

tics, said China has not only increased its market share with major economies such as the European Union th

is year, but its trade volume with emerging markets has also notably surged.上海夜网女神会所

Li’s remark came after the administration announced earlier on Thursday that China’s foreign trade grew 4.2 p

ercent year-on-year in the first seven months of the year to 17.41 trillion yuan ($2.47 trillion).

www.qiuLuhuang.cn

according to sources wit上海夜网rnment.ses by the en

In an acknowledgment that the United States and the Democratic People’s Republic of Korea have been talking at cross-purposes, US Secretary of State M

ike Pompeo said on Monday that he hoped both sides could “be a little more creative” with what they bring to the ta

ble when the two sides restart talks aimed at denuclearization of the Korean Peninsula.上海夜网

The US position hasn’t changed, he said, it still wants full and final denuclearization of the DPRK in a way that it could verify.

上海夜网品茶微信But that in itself constitutes a change of approach from before — one that US President Donald T

rump signaled when he met with DPRK top leader Kim Jung-un in the demilitarized zone — as it drops t

he previous demand the DPRK denuclearize before receiving anything in return.上海夜网

Which suggests it’s not really creativity that’s required, but realistic expectations that can be translated into step-by-step moves.

上海夜网品茶微信Washington might want to bear in mind that the national legislature of the DPRK, the Supreme People’s Assembly, amended

the country’s Constitution in April, re-ascertaining leader Kim Jong-un’s status as a “representative of the state”.

Since few doubted Kim’s role as representative of his

country, the constitutional amendment naturally attracted little interest.上海夜网

But Pyongyang’s belated revelation of the full text of its amended C

上海夜网品茶微信onstitution reveals something that does deserve Washington’s attention.

Although it retains the DPRK’s commitment to being a “nuclear state” — which confirms the assumption that the DPRK has

been deeming itself as a legitimate nuclear power in its talks with the US — the most important change thro上海夜网

ughout the constitutional amendment is literally something that is absent in the present text.

The longstanding “Songun Policy”, the core DPRK national strategy that prioritized

the military in the affairs of state and allocation of resources, has been removed from the amended Const上海夜网品茶微信

itution. This policy simultaneously resulted in the country’s nuclear capabilities and its economic hardships.

Elaborating on the change, Kim stated in his speech at the April meeting that the DPRK’s central上海夜网

task is to concentrate all the energies of the state on economic construction. And the amended Con

上海夜网品茶微信stitution includes new phrases such as “socialist corporate responsibility management system” and “revolutionary busi

ness practices”. Terms reminiscent of those in the early stage of China’s reform and opening-up.

www.dnrjpa.cn

The second will extend th上海夜网iod of temporary dri

 driving permits上海夜网 for foreigners from three months to a maximum of one year. And

上海夜网they will not have to reapply for permits if they leave the island during that period.

The third will make applying for driving permits easier by setting up service centers at po

rts, airports and other ports of entry along with offering online services to ease the application process.

As part of its efforts to comprehensively deepen reform and opening-up, China rolled out a pla上海夜网女神会所

n in October for building the island province into a pilot free trade zone, giving it more autonomy to speed up

the fostering of an international and convenient environment for business, tourism, finance and other industries.

上海夜网女神会所Jia said the ministry and the immigration administration are helping H

ainan build and improve a mechanism to attract more international talent and entrepr

eneurs. Senior technical experts, urgently needed specialists and members of technological innovation groups will b

e able to apply for visas at ports of entry and then acquire residence permits lasting five years.上海夜网

Foreign students who have obtained master’s degrees or above from a Chinese higher education institution will be able t

o apply for two-year residence permits for the purpose of entrepreneurial activities.

Meanwhile, foreign investors with stable investments in innovative enterprises in Haina上海夜网女神会所

n and good tax records for three consecutive years will be able to apply for permanent residence.

上海夜网女神会所”These new policies are very valuable, innovative and specific. They a

re also easy to implement, which indicates that Hainan’s doors have been further o

pened,” said Xie Xiangxiang, an associate professor of tourism at Hainan University.

“Policies to attract more talent are worthy of praise. Internatio

nal talent flows are becoming more free, market-oriented and flexible. These policies will pl

ay an active role in the construction of the Hainan Free Trade Zone, which urgently needs talent,” Xie added.

www.fanxgq.cn

As Kong understands, there are plenty of opportunitie

 for insurance companies in the integrated development of the Yangtze River Delta region, with transportation as a top priority.

上海夜网女神会所”Insurance capital can help the government to boost domestic consumption. A co

mprehensive transportation network connecting railway, subway, ports and even airports has上海夜网

been a longstanding goal of many cities in this area. This is where insurers can play a big role,” he said.

Elderly care is another sector where insurance companies can find big opportunities, said Ko

ng. In early June, CPIC opened an elderly care community in Hangzhou, and is about to launch a new one in Nanjing.上海夜网女神会所

“The idea is to let the senior citizens in Shanghai enjoy quality elderly care services in other parts of the Yangtze River Delta region. Mor

e room in Shanghai can thus be given to ambitious young entrepreneurs to set up their own businesses,” he said.

The integration of risk prevention schemes for peasants in the Y

angtze River Delta region is one more area where insurers can focus on, said Kong.上海夜网

Peasants’ income can be largely increased via products such

as cost insurance, yield insurance, income insurance or one-stop insurance service.

He Haifeng, director of the Institute of Financial Policy, which is a part of the Chinese Academy of Social Sciences, said the int上海夜网女神会所

egrated development of the delta region presents many latent challenges. So, more efforts should be made to r

eform finance and tax areas, to reduce fees in various fields, and improve the overall business environment.

Work on a new film based on a script by novelist Liu Cixin, the first Asian ever to win a global sci-fi literature’s top honor Hugo Award, has just begun.上海夜网女神会所

The movie called Mo Ri Zheng Jiu (The Rescue on the Last Day) will star award-winning Hong Kong actor Nick Cheung Ka-f

ai and veteran actor Hu Jun, best known for the first Sino-Kazakh coproduction The Composer.

Director Shen Yue says that Liu wrote the script before he started to write The Three-Bod

y Problem, which won the Hugo Award for Best Novel in August 2015. The book was first published in 2006.

Zhu Jin, the curator of Beijing Planetarium, will be the film’s chief science consultant.

www.shlf21.com

Yiwu joins Hangzh上海夜网品茶微信d Chinese city to

be part of the in上海夜网品茶微信itiative that also has global counterpart hubs in Malaysia, Belgium and Rwanda. The mechani

sm was included in the communique of the G20 Summit in Hangzhou. Rwanda joined eWTP on Oct 31.

Rwanda President Paul Kagame touted the platform in opening new frontiers in e-comm

erce, tourism and boosting the capacity and competitiveness of the country’s entrepreneurs and business people.

Selling directly to a much larger set of customers while bypassing co

stly intermediarieThe People’s Bank of China recently issued a set of gold and silve

r commemorative coins themed on the Ancient City of Pingyao, a UNESCO World Heritage Site — the first time it has com

memorated the city since the People’s Republic of China was founded in 1949. s will “improve productivity and pro

fitability”, Kagame said. “There are really no downsides to doing business on a global scale.”

www.koryoung.com.cn

hina should aim to be上海夜网品茶微信ortant player in

conveying cultu上海夜网品茶微信ral values in the global film market in fu

ture, he adds, but for now it should focus on cultivating talent and polishing stories.

Ren Zhonglun, chairman of the Shanghai Film Group, says the slowdown

could also become a turning point to rebuild a better future for the local film industry.

“The slowdown will make us think more about how to shape Chinese ci

nema’s own style and appeal, instead of hurrying up to catch up with the United States,” says Ren.

“Movies are always about people and their stories. I believe a good film, no matter

what genre it falls in, should be thought-provoking and artistically creative,” he adds.

www.hmijw.cn

hina’s economy has generally maintained stable growth

 this year, a上海夜网品茶微信nd the central government will take a series of significant measures to promote high-quality economic development, Liu said.

Huang said China should be cautious about the impact of the slowing global growth and also hold some measures in reserve.

“If we use up all the ammunition, what are we going to do in a coup

le of years if the global economy suffers greater downturns, as some expect?” he asked.

Yi Gang, governor of the People’s Bank of China, the central bank, said

on Friday that interest rates and reserve requirement ratios still have “plenty of ro

om” for adjustment, but the monetary policy will remain “prudent” and should be “sober-minded”.

A flexible RMB is good for the Chinese and global economy, and the PBOC is not interv

ening in the foreign exchange rate market, Yi said. “I hope this situation will continue.”

www.shanghaidianbaobao.cn

Recent monetary and fiscal stimulus measures are expe

cted to bolster domestic demand, partially offsetting the adverse impact of trade tariffs on overall growth,” the report said.

The US recently signaled its intention to impose additional tariffs on the European Union, primarily targeted at the

aircraft and food industries. It is in addition to the imposition of steel and aluminum tariffs that are already in place.

Amid unresolved trade disputes and higher tariffs, the projected growth of world tra

de has been revised downwards to 2.7 percent in 2019, slowing markedly from 3.4 percent in 2018.

The report warns that “the impact of a spiral of additional tariffs and retalia

tions would not only dampen growth of these large economies, but also have severe spi

shlfcl.com

nd information technology, had confirmed at the Boao Fo

oao Forum for Asia, that China will grant 5G licenses this year, but didn’t disclose a specific date.

“5G, industrial internet and the internet of vehicles are among the country’s top development priorities

in the telecommunications industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Technology, sa

id on Friday during the World Telecommunication and Information Society Day.

Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedite the com

mercialization of this forefront technology and bolster the nation’s core competitiveness.

Major Chinese smartphone maker Huawei Technologies Co has already unveiled its first 5G chip and first 5G fold

able smartphone, the Mate X, which is expected to hit the market in June, despite challenges involving the United States.

www.shanghaidianbaobao.cn

information technology, had confirmed at the Boao Foru

um for Asia, that China will grant 5G licenses this year, but didn’t disclose a specific date.

“5G, industrial internet and the internet of vehicles are among the country’s top development priorities in the teleco

mmunications industry,” Zhang Feng, chief engineer of the Ministry of Industry and Information Technology, sa

id on Friday during the World Telecommunication and Information Society Day.

Zhang called for accelerated efforts to set standards in key areas, including 5G, to expedite th

e commercialization of this forefront technology and bolster the nation’s core competitiveness.

Major Chinese smartphone maker Huawei Technologies Co has already unveiled its first 5G chip and first 5G fol

dable smartphone, the Mate X, which is expected to hit the market in June, despite challenges involving the United States.

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