CCPIT

CCPIT

Gao Yan Attends Parallel Session on Intellectual Property Protection and Business Environment Optimization of the Fourth Hongqiao International Economic Forum

On November 5， the Parallel Session on Intellectual Property Protection and Business Environment Optimization of the Fourth Hongqiao International Economic Forum was held in Shanghai. It was co-hosted by the China Council for the Promotion of International Trade （CCPIT）， China National Intellectual Property Administration and National Copyright Administration of the Peoples Republic of China. Gao Yan， Chairperson of the CCPIT， attended the session and delivered a speech. Lu Pengqi， Vice Chairman of the CCPIT， hosted the session.

Gao Yan said that China has made historic achievements in IPR protection since the 18th National Congress of the Communist Party of China. Relevant laws， regulations and protection system have been continuously improved. As a result， IPR protection has been further strengthened， and the awareness of the whole society to respect and protect IPR has been significantly enhanced. The CCPIT will implement the strategy of intellectual property rights powerhouse by strengthening publicity of laws， regulations and policies on IPR， promoting dialogues between the government and enterprises， participating in the fight against infringement and counterfeiting， supporting enterprises to set up IPR overseas layout， providing safeguard for overseas IPR protection and improving related services， deepening IPR cooperation with countries and regions along the Belt and Road， telling Chinas IPR stories well， and advancing IPR protection for enterprises in the process of internationalization.

This is the first time for Hongqiao International Economic Forum to set up parallel session on intellectual property in the last 4 years. Zhang Jianchun， Vice Minister of the Publicity Department of the CPC Central Committee and Gan Shaoning， Deputy Commissioner of China National Intellectual Property Administration， delivered a speech. Zhang Junkuo， Vice President of Development Research Center of the State Council and Luiz Henrique do Amaral， President of the International Association for the Protection of Intellectual Property， were invited to address at the session. Wang Binying， Deputy Director General of the World Intellectual Property Organization， sent a congratulatory letter to this event. More than 100 representatives from the government， international organizations， professional service organizations and enterprises attended the session.

Green Future Forum 2021 Opens in Shanghai

On November 7， 2021， the Green Future Forum， hosted by the China Council for the Promotion of International Trade （CCPIT） and co-organized by the China Chamber of International Commerce （CCOIC） and Fortune China， was held at the the National Exhibition and Convention Center （Shanghai）. Yu Jianlong， Executive Vice President of the China Chamber of International Commerce （CCOIC） and Vice Chairman of the World Chambers Federation（WCF） of International Chamber of Commerce（ICC）， attended and addressed the forum.

Yu Jianlong said that developing green economy has become an important trend in this era. To build a community with a shared future for mankind， achieve green recovery and development， and create a better future is the mission of our times that every entrepreneur must respond to. It is hoped that relevant parties will speed up innovation in green technology， set reasonable carbon reduction goals and optimize and upgrade the energy structure， so as to jointly promote green development. The CCPIT and the CCOIC stands ready to join hands with relevant parties， take effective measures to promote the green and low-carbon transformation of enterprises and make positive contributions to create a better future for the harmonious co-existence and development of man and nature.

More than 150 representatives from government departments， business communities and media attended the forum. Participants discussed hot topics such as energy transformation， green consumption， energy conservation， emission reduction， and building the city of the future.

2021 China Agricultural Forum for International Development Opened

On November 7， the 2021 China Agricultural Forum for International Development & Inauguration of the International Agricultural Industry Committee of CCOIC， co-hosted by the China Council for the Promotion of International Trade（CCPIT） and Harbin Municipal Peoples Government， was successfully held. Chen Jianan， Vice Chairman of the CCPIT， attended and addressed the forum.

Chen Jianan said that agriculture is fundamental to Chinas economic development and social stability. The International Agricultural Industry Committee of CCOIC will serve as a platform for the whole industry chain to promote international agricultural exchanges and cooperation and facilitate enterprises better grasping development opportunities. It is hoped that international agricultural cooperation will be actively integrated into the new development paradigm， adhering to scientific and technological innovation and help with the modernization of agriculture.

Representatives from government departments， official organizations， industry associations， international organizations and well-known enterprises at home and abroad in the field of agriculture attended the event in person.

FIGURES

12.7%

Chinas service trade rose 12.7% year-on-year to reach RMB 4.2 trillion （USD 659.41 billion） in the first 10 months of 2021， the Ministry of Commerce said.

115.6 billion

Trade between China and Russia saw robust growth this year， with bilateral trade in goods reaching a record of USD 115.6 billion during the first 10 months， Chinas direct investment in Russia grew 39.1% year-on-year during the period.

680 billion

Trade volume between China and ASEAN had soared from less than USD 8 billion in 1991 to more than USD 680 billion in 2020， when China remained ASEANs largest trading partner for 12 consecutive years， while ASEAN became Chinas largest trading partner.

27.8%

Market research company International Data Corp predicts that by 2025， Chinas data will account for 27.8% of the worlds total， ranking it first worldwide.

59.1

The NBS data showed that infrastructure construction activities have accelerated in November as the PMI reading for the construction sector went up to 59.1， versus 56.9 in October.

1.5 trillion

The net profits of central SOEs hit more than RMB 1.5 trillion （USD 235 billion） during the first three quarters， up 65.6% from a year earlier， according to the Stateowned Assets Supervision and Administration Commission of the State Council.

100，000

The annual salary of people working in urban areas has risen continuously over the last few years， with those serving in software and information technology services earning the highest annual salaries in China， with average pay exceeding RMB 100，000（USD 16，000）.

12.87 billion

From January to October， cargo throughput at Chinas ports totaled 12.87 billion tons， up 7.8% year-on-year， according to the ministry of Transport.

42.2%

Industrial firms with annual business revenues of at least RMB 20 million（about USD 3.1 billion） saw their combined profits soaring 42.2% year on year in the January-October period to top RMB 7.16 trillion， data from the National Bureau of Statistics showed.

19%

According to NielsenIQ， Generation Z makes up about 19% of Chinas population， or 260 million people. About 55% of Gen Z are still students， with an average monthly pocket money of nearly RMB 1，680.

26%

Data from China Railway showed that in the first 10 months of 2021， there were 12，605 China-Europe railway lines under operation， up 26% year-on-year， transporting 1.216 million TEUs （twenty-feet equivalent units） of goods， an increase of 33% from the same period last year.

4.89 trillion

Data showed Chinas foreign trade totaled USD 4.89 trillion during the first 10 months， already exceeding the full-year amount in 2020 to reach a record.

QUOTES

Keeping international supply chains unimpeded and resilient to make room for innovative and unconventional economic policies is critically important for a steady global economic recovery.

— Zhou Xiaochuan， former governor of the Peoples Bank of China， Chinas central bank

BRI is an initiative that benefits all participating countries in the 21st century.

— Diaa Helmy， Secretary General of the Egyptian-Chinese Chamber of Commerce

Accelerated push for the implementation of major projects will help stabilize growth and promote investment.

— Luo Zhiheng， deputy director and chief macroeconomic analyst at the research department of Yuekai Securities

French companies had the largest presence among other countries in the expos agricultural and food hall. The active participation of French companies in the CIIE reflects their long-term commitment to the Chinese market.

— Laurent Bili， French Ambassador to China

In China， the healthcare system is no longer for the few but for everybody. It has increased demographic coverage and is improving. This will create an enormous market… furthermore it is an aging country with growing life expectancy， meaning a shift toward chronic illnesses， hence growing demand.

— Valtero Canepa， Head of Bracco Group China

A series of policy measures to ensure energy supply and stabilize market prices have borne some fruits. The tight supply of electricity eased while prices of some raw materials dropped significantly in November.

— Zhao Qinghe， a senior NBS statistician

POLICIES

China Issues 5-year Plan to Boost Green Development of Industrial Sectors

China recently released a plan for the green development of its industrial sectors during the 14th Five-Year Plan period （2021-2025）， a step forward in the countrys pursuit of low-carbon growth.

By 2025， significant progress will have been made in the green and low-carbon transformation of Chinas industrial structure and production， with technologies and equipment for green development widely applied， according to the plan issued by the Ministry of Industry and Information Technology （MIIT）.

Efficiency in energy and resource utilization will be greatly enhanced and green development in the manufacturing sector will improve further by 2025， laying a solid foundation for the peaking of carbon emissions in industrial sectors by 2030， the plan said.

China aims to lower its carbon dioxide emissions by 18% and the energy intensity of its major industrial firms by 13.5% per unit of value-added industrial output by 2025. The intensity of major pollutant emissions in key sectors will be reduced by 10%， according to the plan.

A green manufacturing system for key sectors and regions will be basically established by 2025， with the market value for green and eco-friendly industries reaching RMB 11 trillion （about USD 1.73 trillion）， it said.

The plan also rolls out specified measures and eight major projects to advance improvements in industrial sectors in terms of industrial upgrades， energy consumption with low-carbon emissions， and the recyclable use of resources， among other areas， MIIT official Huang Libin said.

Huang called for efforts to curb the blind expansion of projects with high energy consumption or high emissions， enhance the utilization of industrial solid waste， and accelerate the improvement of green and low-carbon technologies.

Chinas Central Bank Injects Liquidity into Market

Chinas central bank on December 6 injected RMB 10 billion（about USD 1.57 billion） into the financial system via reverse repos.

The interest rate for the seven-day reverse repos was set at 2.2%， according to the Peoples Bank of China.

The move aims to keep the liquidity in the banking system reasonably stable， the central bank said.

A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding， with an agreement to sell them back in the future.

China Releases Development Plan for Big Data Industry

China recently unveiled a development plan for the big data industry during the 14th Five-Year Plan period （2021-2025）.

The scale of the countrys big data industry will likely exceed 3 trillion yuan （about USD 470 billion） by the end of 2025， with a compound annual growth rate of around 25%， the Ministry of Industry and Information Technology （MIIT） said.

A market-oriented pricing mechanism for data as a key factor of production will be established by then， the MIIT said， adding that it would raise the social awareness of big data and incentivize advanced big data-powered products and services.

Chinas big data sector saw rapid development during the past five years， with the scale exceeding 1 trillion yuan by 2020， showed MIIT data.