Hello and welcome to the 3rd issue of Beijing Review.
Cover Designed by Wang Yajuan
Raising the Bar looks at the new, national-level Intellectual Property appeals court that began on January 1. It marks a big step in IP rights and judicial protection, and is part of China’s Supreme People’s Court. Protecting intellectual property rights is considered crucial to innovation and favorable business environment as well as ensuring the uniformity of trial standard and application of laws.
Consolidating Cooperation looks at the in-depth talks between Chinese President Xi Jinping and the DPRK’s leader Kim Jong Un. The two leaders discussed bilateral relations and common concerns such as the future of the relationship between the two countries.
An Early Move looks at the People’s Bank of China’s one percent point decrease in reserve requirement ratios to maintain sound liquidity. The move will make financing more accessible for micro, small and private enterprises. It is hoped it will also boost the economy while avoiding over-escalation of monetary easing and ease the real estate market.
Copyedited by Pamela Tobey
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