Fo­rum fo­cuses on Tai­wan busi­ness re­la­tions

China Daily (Latin America Weekly) - - Page Two -

The Stand­ing Com­mit­tee of the Na­tional Peo­ple’s Congress, the coun­try’s top leg­is­la­ture, will hold its bi­monthly ses­sion from Mon­day to Fri­day in Bei­jing. Mem­bers will dis­cuss draft laws on nu­clear safety and the na­tional an­them, along with draft amend­ments to the Anti-Un­fair Com­pe­ti­tion Law. They will also draft re­vi­sions to the Law on Pro­mot­ing Small and Medi­umSized En­ter­prises. The Peo­ple’s Bank of China will is­sue a set of three com­mem­o­ra­tive coins on Mon­day to mark the up­com­ing BRICS Sum­mit in Xi­a­men, Fu­jian prov­ince, from Sept 3 to 5. “BRICS: Stronger Part­ner­ship for a Brighter Fu­ture” is the key theme. On Mon­day, the State Coun­cil In­for­ma­tion Of­fice will hold a me­dia brief­ing in Bei­jing at which Zhang Yan­sheng, chief econ­o­mist at the China Cen­ter for In­ter­na­tional Eco­nomic Ex­changes, and Zhang Jian­ping, direc­tor of the Com­merce Min­istry’s In­sti­tute of Western Asian and Africa Stud­ies, will in­tro­duce the op­por­tu­ni­ties, chal­lenges and prospects of the BRICS mech­a­nism. The BRICS coun­tries are Brazil, Rus­sia, In­dia, China and South Africa. The 12th Fo­rum for Tai­wanese Busi­ness will be held in Huai’an, Jiangsu prov­ince, from Mon­day to Wed­nes­day. Since the re­form and open­ing-up of the Chi­nese main­land in the late 1970s, en­ter­prises from Tai­wan have been the ben­e­fi­cia­ries of fa­vor­able poli­cies from the cen­tral and lo­cal gov­ern­ments, in­clud­ing tax cuts and lower costs for land use. Since the first fo­rum in 2006, Huai’an has at­tracted $12 bil­lion worth of in­vest­ment from more than 1,200 busi­nesses in Tai­wan.

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