【财经看点】中国放松海外投资限制

【财经看点】中国放松海外投资限制

2014-05-23    07'07''

主播: Beijing Hour

1727 30

介绍:
China eases approval process for foreign investment China's National Development and Reform Commission is planning to relax the approval process for foreign companies planning to invest in China. The plans include adopting two-tiered system of "limited approvals" and "general registration," rather than the existing "all-round approval" mechanism. At the same time, national security reviews will also be strengthened. The government is changing some of the requirements to make the review process more streamlined. China stops investigation into IDC monopolistic practices The National Development and Reform Commission has ended a monopoly investigation into US-based firm InterDigital Communications. This comes after the wireless communications firm agreed to stop discriminatory charges on Chinese companies and begin negotiations on patents. Wang Yanhui is the secretary-general of the China Mobile Phone Alliance. "According to our estimation, if Chinese enterprises hand in the 2%, it will cost Chinese consumers nearly 6 billion yuan." IDC owns many critcal patents in the wireless telecom sector. It has been charging a 2-percent premium for Chinese companies to use its patents, eight to a hundred times that charged for companies from other countries, like Apple, Samsung and Nokia. The NDRC launched its anti-monopoly investigation last June. China to increase gas price The retail price of gasoline and diesel is rising here in China starting from tomorrow. The National Development and Reform Commission is increasing the pump-price of gas by 0.05-yuan per liter, and diesel by 0.06-yuan per liter. The increase is the third of the year. China's cloud computing market to boom: report New industry analysis is suggesting the cloud computing market here in China is going to almost triple, reaching 6 billion U.S. dollars by 2017. China Telecom says this means the market is expected to see annualized growth of over 25-percent in the next 3-years, much higher than the global average of 17-percent. Cloud computing itself involves running programs or applications from a centralized source on the internet, allowing users to save drive space on their various devices, and giving users more access to various products and services. China's domestic navigation system guides Pakistan China's domestically made Beidou navigation system has set up a network in Pakistan, the first time Beidou has been added to a foreign country. Beijing Unistrong, one of the developers of Beidou, says the network in Pakistan includes five base stations and one processing center, covering Karachi. The second stage of the network is expected to cover the whole of Pakistan. Doug Young on corporate news of the week Anchor: It's been another busy week on the corporate front here in China, with JD.com's IPO exceeding expections. Shenzhen-based online video site Kuaibo has been fined 260 Million Yuan For Rampant Piracy. For more on these events, The Beijing Hour's Shane Bigham spoke earlier with Doug Young, associate professor at Fudan University and former China company news chief at Reuters. Russian-Chinese gas deal not to affect EU supplies: IEA The International Energy Agency says the new 400-billion dollar gas deal between Russia and China will not affect gas deliveries to the EU. The IEA's Head of Gas, Coal and Power division, Laszlo Varro, has made the comments at a meeting in Austria. Varro says the gas destined for China is "completely new," and the gas to be delivered to Europe would remain untouched. He also says Russia will continue to be Europe's largest supplier of gas. World Economic Forum on East Asia concludes in Manila This year's World Economic Forum on East Asia meetings have wrapped up in Manila. The 3-day talks addressed issues of inequality and economic growth in the face of destructive "mega-disasters." Panelists noted that Southeast Asia faces "unique" climate-related challenges, given its vulnerability to extreme weather and rising sea levels. The Philippines is still struggling to recover from Super Typhoon Haiyan. The next WEF on East Asia will be held in Bali, Indonesia next year. Domestic demand doubles Germany's growth in Q1 Germany's economy has doubled its growth through the first quarter, driven mostly by domestic demand. The adjusted GDP of the Europe's largest economy increased by 0.8 percent in the first three months. This is up from the 0.4-percent growth seen in the 4th quarter. The last time Germany's GDP grew on a quarter-on-quarter basis was three years ago. Germany's central bank is cautioning that growth is slowing in this current quarter because of poor weather and political uncertainties connected to Ukraine.