DOCSLIB.ORG

SHENZHEN CHIWAN WHARF HOLDINGS LIMITED 2012 Annual

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

SHENZHEN CHIWAN WHARF HOLDINGS LIMITED 2012 Annual Report 27 March 2013 2012 Annual Report I. Important Notes, Contents & Explanation The Board of Directors, the Supervisory Committee, directors, supervisors and senior management staff of Shenzhen Chiwan Wharf Holdings Limited (hereinafter referred to as “the Company”) warrant that this report does not contain any false or misleading statements or omit any material facts and hereby accept, individually and collectively, responsibility for the factuality, accuracy and completeness of the contents carried in this report. Chairman of the Board Mr. Zheng Shaoping, Chief Financial Officer Mr. Zhang Fang and Financial Manager Ms. Ma Zhihong hereby confirm that the Financial Report in the Annual Report is true, accurate and complete. This report has been reviewed and approved at the 5th Session of the 7th Board of Directors. Independent director Zhang Jianjun did not attend the meeting due to business reason and appointed Independent director Hao Zhujiang, as his proxy to attend and speak at the meeting on his behalf. Independent director Zhang Jianjun has given his consents to the full contents of this report. The Company’s profit distribution preplan upon review and approval of this board session: Based on the total shares of the Company (644,763,730 shares) as at 31 Dec. 2012, a cash dividend of RMB 3.63 (tax included) will be distributed for every 10 shares held by shareholders. No bonus shares will be granted and no capital reserve will be turned into share capital. This report involves future plans, development strategies and some other forward-looking statements, which shall not be considered as virtual promises of the Company to investors. And investors are kindly reminded to pay attention to possible risks. The Annual Report is written in both English and Chinese. In case of any discrepancy between the two versions, Chinese version prevails. According to certain regulations issued by China Securities Regulatory Commission, the Company needn't to prepare Financial Statements under International Financial Reporting Standards, and thus all the financial data disclosed in this report were prepared under Chinese Accounting Standards. 1 2012 Annual Report Contents I. Important Notes, Contents & Explanation........................................................................................ 1 II. Company Profile.............................................................................................................................. 5 III. Accounting & Business Highlights ................................................................................................ 7 IV. Report of the Board of Directors .................................................................................................... 8 V. Significant Events .......................................................................................................................... 20 VI. Changes in Share Capital and Particulars about Shareholders .................................................... 25 VII. Directors, Supervisors, Senior Management Staff and Employees ............................................ 29 VIII. Corporate Governance .............................................................................................................. 38 IX. Internal Control ............................................................................................................................ 48 X. Auditor's Report (See attached) ..................................................................................................... 52 XI. Documents for Reference ............................................................................................................ 52 2 2012 Annual Report Explanation Term Contents Company, the Company or Chiwan Refers to Shenzhen Chiwan Wharf Holdings Limited Wharf China Merchants Group Refers to China Merchants Group Limited CMHI Refers to China Merchants Holdings (International) Company Limited CND Refers to China Nanshan Development (Group) Inc. Malai Storage Refers to Shenzhen Malai Storage Co., Ltd. Keen Field Refers to Keen Field Enterprises Limited State-Owned Assets Supervision and Administration SASAC of the State Council Refers to Commission of the State Council CSRC Refers to China Securities Regulatory Commission Shenzhen Bureau of China Securities Regulatory Shenzhen CSRC Refers to Commission SZSE Refers to Shenzhen Stock Exchange “the Company Law” Refers to “the Company Law of the People’s Republic of China” “the Securities Law” Refers to “the Securities Law of the People’s Republic of China” “the Articles of Association of Shenzhen Chiwan Wharf “the Articles of Association” Refers to Holdings Limited” “the Stock Listing Rules” Refers to “the Stock Listing Rules of Shenzhen Stock Exchange” 3 2012 Annual Report Warning of Significant Risks 1. Risk concerning the industry situation With American and European economies recovering at a rate lower than expected and the international shipping market staying weak, the foreign-trade container business of the Company slides obviously. Considering the poor performance of the American and European shipping routes, the Company has been devoting itself to expansion of the Asian and African routes, as well as the local cargo sources while trying to maintain basic stability of its key clients and market share through improving its services. 2. Risk concerning market competition Along with the gradual release of the capacity of new wharfs in the Pearl River Delta, competition among wharfs in the region will heat up, with some business irreversibly flowing to these new wharfs. Base on its rich experiences in wharf operation, stable clients and good services, the Company is still a strong competitor. In the future, the Company will focus on cooperation with other competitors in the region, trying to realize positive interaction and avoid vicious competition. 3. Risk concerning rising cost The price rise of production elements under inflation is affecting the Company’s profit. In particular, the rising labor cost will impose great pressure on operation of the Company. The Company carries on with lean management and R&D innovation, as well as putting more effort in the study and application of new technologies and skills, which relieve the pressure of continually rising cost to some degree. Securities Times, Ta Kung Pao and www.cninfo.com.cn were designated by the Company as the media for information disclosure for 2012. All information of the Company shall be subject to what is released by the Company on the said media. And Investors are kindly reminded to pay attention to possible investment risks. 4 2012 Annual Report II. Company Profile I. Basic information of the Company Stock abbreviation Chiwan Wharf A, Chiwan Wharf B Stock code 000022, 200022 Stock exchange listed with Shenzhen Stock Exchange Chinese name of the Company 深圳赤湾港航股份有限公司 Abbr. of the Chinese name of the Company 深赤湾 English name of the Company Shenzhen Chiwan Wharf Holdings Limited Abbr. of the English name of the Company Chiwan Wharf Legal representative of the Company Mr. Zheng Shaoping, chairman Registered address Chiwan, Shenzhen, PRC Postal code for the registered address 518067 Office address 8/F, Chiwan Petroleum Building, Shenzhen, PRC Postal code for the office address 518067 Internet website of the Company http://www.szcwh.com Email address [email protected] II. For Contact Company Secretary Securities Affairs Representative Name Ms. Bu Dan Ms. Hu Jingjing Contact address 8/F, Chiwan Petroleum Building, Shenzhen, PRC Tel. +86 755 26694222 +86 755 26694222 Fax +86 755 26684117 +86 755 26684117 E-mail [email protected] [email protected] III. About information disclosure and where this report is placed Newspapers designated by the Company for information disclosure "Securities Times" and "Ta Kung Pao” Internet website designated by CSRC for disclosing this report http://www.cninfo.com.cn Where this report is placed Secretariat of the Board of Directors 5 2012 Annual Report IV. Change of the registered information Registration Registration Business Registration code of Organizational Query index date place license No. taxation code Market Supervision Administration of Initial Chiwan, 440301501 SSDZ No. 19 Jul. 1990 61883296-8 Shenzhen registration Shenzhen 124494 440301618832968 Municipality (http://www.szaic. gov.cn) CND holds 370,878,000 shares of the Company, representing a shareholding percentage of 57.52%. On 17 Sept. 2012, CMHI and CND signed the “Agreement of China Merchants Holdings (International) Co., Ltd. and China Nanshan Development (Group) Inc. Concerning Custody of Shares of Shenzhen Chiwan Wharf Holdings Limited”. According to the Agreement, CND would entrust the management of 370,878,000 A- shares in the Company (representing a shareholding percentage of 57.52%) to CMHI. The custody announcement (No. 2012-035) was released on 20 Sept. 2012 on Securities Times, Ta Kung Pao and www.cninfo.com.cn. Meanwhile, CMHI indirectly holds 55,314,200 B-shares of the Company (representing a shareholding percentage of 8.58%) via its wholly-funded subsidiary Keen Field, thereby, China Changes of the controlling Merchants Holdings (International) controls 66.10% equity interests of the Company. shareholder On 1 Nov. 2012, China Securities Regulatory Commission issued the ZJXK [2012] No. 1428 Document—“Reply on Approving China Merchants Holdings (International) Co., Ltd. to Disclose the Acquisition Report on Shenzhen Chiwan Wharf Holdings Limited and Exempting
Recommended publications
  • Shenzhen Chiwan Petrole Annual Report N Chiwan

    Shenzhen Chiwan Petrole Annual Report N Chiwan

    SHENZHEN CHIWAN PETROLEUM SUPPLY BASE CO., LTD. ANNUAL REPORT FOR YEAR 201 3 April 2014 PART Ⅰ Important Notice The Board of Directors, the Board of Supervisors, directors, supervisors and senior management guarantee that there are no omissions, misstatement or misleading information in this report. They are responsible, individually and jointly, for the authenticity, accuracy and integrity of the information herein. Except the following directors, other directors attend the Board Meeting. Absent Director Post of the Absent Director Reason Authorized Person Mr. Fan Zhao Ping Director Business Arrangement Mr. Liu Wei Mr. He Li Ming Independent Director Business Arrangement Mr. Chen Wen Jie The Company plans no cash dividend, bonus shares and not to the reserve fund. Mr. Tian Junyan, Chairman of the Board, Mrs. Yu Zhongxia, Deputy General Manager &Financial Controller, and Mrs. Sun Yuhui, Financial Manager, guarantee the authenticity and integrity of the financial result in this report. This report is prepared in both Chinese and English languages, when ambiguity occurs in the two versions, the Chinese version shall prevail. 2 Contents PART ⅠⅠⅠ. Important Notice 2 PART ⅡⅡⅡ. Corporate Information 5 PART ⅢⅢⅢ. Accounting Data and Financial Indicators 7 PART ⅣⅣⅣ. The Report of Board of Directors 9 PART ⅤⅤⅤ. Significant Events 24 PART ⅥⅥⅥ. Changes in Capital Stock and Shareholders 30 PART ⅦⅦⅦ. Directors, Supervisors, Senior Management and Staff 34 PART ⅧⅧⅧ. Corporate Governance 41 PART IX. Internal Control 46 PART X. Financial Report 48 PART ⅪⅪⅪ. Documents Available for Verification 48 3 Definition Terms to be defined Refers to Definition The Company, Chiwan Base Refers to Shenzhen Chiwan Petroleum Supply Base Co., Ltd. Nanshan Group Refers to China Nanshan Development (Group) Incorporation Blogis Holding Refers to Blogis Holding Co., Ltd.
  • A Relatively Cautious View for 2019, Reiterate "Accumulate"

    A Relatively Cautious View for 2019, Reiterate "Accumulate"

    股 票 研 [Table_Title] Company Report: China Merchants Port (00144 HK) Spencer Fan 范明 究 (86755) 2397 6686 Equity Research 公司报告： 招商局港口 (00144 HK) [email protected] 10 May 2019 A[Table_S Relativelyummary ]Cautious View for 2019, Reiterate "Accumulate" 对2019年维持相对谨慎，重申“收集” The Company's management guided low single-digit growth in 2019. On [Table_Rank] the other hand, the management predicts that the Company's main driving Rating: Accumulate Maintained force in 2019 will come from the overseas segment, and it expects overseas 公 container volume to record medium-to-high single-digit YoY growth in 2019. 评级： 收集 (维持) 司 Domestic port container loading and unloading operation fee might not be 报 greatly adjusted in 2019, while handling fees of some overseas ports might increase. Overall, we expect CMP's port business to generate low single-digit [Table_Price] 告 6-18m TP 目标价: HK$16.80 YoY revenue growth in 2019. Revised from 原目标价: HK$17.00 Company Report Qianhai land ready to release value; the disposal of land interests is Share price 股价: HK$15.120 expected to bring about HK$3.58 billion in after-tax income. We believe that China Merchants Port will benefit indirectly from the long-term development of Shenzhen’s Qianhai Shekou Free Trade Zone. It is Stock performance understood that Qianhai Land will still be developed in accordance with the 股价表现 mature development model of the "Port-Zone-City" of China Merchants [Table_QuotePic] Group. % of return 10.0 Reiterate "Accumulate" rating and adjust TP to HK$16.80. CMP’s port 5.0 resources are still balanced, and we still favor CMP's overseas development 0.0 capability.
  • Shenzhen Chiwan Petroleum Supply Base Co., Ltd

    Shenzhen Chiwan Petroleum Supply Base Co., Ltd

    ANNUAL REPORT FOR YEAR 2015 SHENZHEN CHIWAN PETROLEUM SUPPLY BASE CO., LTD. ANNUAL REPORT FOR YEAR 2015 April 2016 1 ANNUAL REPORT FOR YEAR 2015 PART Ⅰ Important Notice The Board of Directors, the Board of Supervisors, directors, supervisors and senior management guarantee that there are no omissions, misstatement or misleading information in this report. They are responsible, individually and jointly, for the authenticity, accuracy and integrity of the information herein. Mr. Tian Junyan, Chairman of the Board, Ms. Yu Zhongxia, Deputy General Manager &Financial Controller, and Ms. Sun Yuhui, Financial Manager, guarantee the authenticity and integrity of the financial result in this report. Except the following directors, other directors attend the Board Meeting. Absent Director Post of the Absent Director Reason Authorized Person Mr. Mingzhi Mei Director Business Arrangement Wang Shiyun Mr. Kent Yang Director Business Arrangement Shu Qian This annual report contains prospective descriptions, which does not constitute substantial commitment to investors. Investors are requested to be aware of the risks attached to their investment decisions. Impossible risk has been well-described in this report. Please find details of risks and countermeasures of future development described in Section IX, Part IV. Securities Times, Hong Kong Commercial Daily and www.cninfo.com.cn are the media designated for disclosing our information. All the Company’s information is subject to the information disclosed in the aforesaid media as designated. The Company will not distribute cash dividends or bonus shares, neither capitalizing of common reserves for the report period. This report is prepared both in Chinese and English languages, when ambiguity occurs in the two versions, the Chinese version shall prevail.
  • The 16Th International Conference on Service Systems and Service Management

    The 16Th International Conference on Service Systems and Service Management

    The 16th International Conference on Service Systems and Service Management Co-Sponsored by: IEEE SMC The Chinese University of Hong Kong, Shenzhen Tsinghua University University of Electronic Science and Technology of China July 13-15, 2019 The Chinese University of Hong Kong, Shenzhen (CUHKSZ) Welcome Message from the Conference Co-Chairs Welcome to Shenzhen; Welcome to ICSSSM2019! ICSSSM is a conference series, organized annually, focusing on state-of-the- art research in service systems and service management. The 16th ICSSSM is jointly sponsored by IEEE Systems, Man and Cybernetics Society, The Chinese University of Hong Kong (Shenzhen), Tsinghua University, and University of Electronic Science and Technology of China. It is hosted by The Chinese University of Hong Kong (Shenzhen). The main purpose of ICSSSM is to provide a platform for researchers, scholars, practitioners and students involved in the broad area of service systems and service management to disseminate their latest research results, as well as to exchange views on the future research directions. This year, 259 technical papers have been accepted, after a rigorous review process, for presentation at the Conference and publication in the conference proceedings. ICSSSM2019 has scheduled to organize a wide range of activities. Four Keynote Speeches will be given by distinguished speakers. Moreover, thirty-eight Technical Sessions will be organized. The topics of the technical sessions include Electronic Business New Models and Strategies; Specific Industrial Service Management; Supply Chain Management for Service; Service System Design, Operations, and Management; Theory and Principle of Service Sciences; Service Information Technology and Decision Making; Data Analytics and Service Management; Service Empirical Studies and Case Studies; Service Marketing and Financial Management; and Management of Healthcare Services.
  • Costs and Benefits of Shore Power at the Port of Shenzhen

    Costs and Benefits of Shore Power at the Port of Shenzhen

    WHITE PAPER DECEMBER 2015 COSTS AND BENEFITS OF SHORE POWER AT THE PORT OF SHENZHEN Haifeng Wang, Ph.D., Xiaoli Mao, and Dan Rutherford, Ph.D. www.theicct.org [email protected] BEIJING | BERLIN | BRUSSELS | SAN FRANCISCO | WASHINGTON ACKNOWLEDGEMENTS This report was commissioned by the China Environment Forum (CEF) at the Woodrow Wilson International Center for Scholars as part of its Choke Point: Port Cities initiative, funded by the Henry Luce Foundation. The authors thank Irene Kwan and Simon Ng for their technical support and Tim Leong for his critical review of the work. The authors also especially thank Shenzhen Human Settlements and Environmental Committee and the Port of Oakland for their review and recommendations for the report. ABOUT THE CHINA ENVIRONMENT FORUM (CEF) Since 1997, the China Environment Forum (CEF) has been the “go-to” resource for convening policy, business, research, and NGO practitioners on the most pressing energy, water, and pollution problems facing China. Through meetings, publications, and exchanges, they play a unique nonpartisan role in creating multistakeholder dialogues around China’s energy and environmental challenges, identifying new areas of collaboration. CEF’s work is frequently featured in mainstream media, including: The New York Times, The Wall Street Journal, The Washington Post, BBC News, The Guardian, Bloomberg Businessweek, and Foreign Policy. For additional information: International Council on Clean Transportation 1225 I Street NW Suite 900 Washington, DC 20005 USA [email protected]
  • 2016Semi-Annual Report

    2016Semi-Annual Report

    CHINA CONVERGENCE FUND A Sub-fund of Value Partners Intelligent Funds SEMI-ANNUAL 2016 REPORT For the six months ended 30 June 2016 Value Partners Limited 9th Floor, Nexxus Building 41 Connaught Road Central, Hong Kong Tel: (852) 2880 9263 Fax: (852) 2565 7975 Email: [email protected] Website: www.valuepartners-group.com In the event of inconsistency, the English text of this Semi-Annual Report shall prevail over the Chinese text. This report shall not constitute an offer to sell or a solicitation of an offer to buy shares in any of the funds. Subscriptions are to be made only on the basis of the information contained in the explanatory memorandum, as supplemented by the latest semi-annual and annual reports. CHINA CONVERGENCE FUND A Sub-fund of Value Partners Intelligent Funds (A Cayman Islands unit trust) CONTENTS Pages General information 2-3 Manager’s report 4-9 Statement of financial position (unaudited) 10 Investment portfolio (unaudited) 11-15 Investment portfolio movements (unaudited) 16 SEMI-ANNUAL REPORT 2016 For the six months ended 30 June 2016 1 CHINA CONVERGENCE FUND A Sub-fund of Value Partners Intelligent Funds (A Cayman Islands unit trust) GENERAL INFORMATION Manager Legal Advisors Value Partners Limited With respect to Cayman Islands law 9th Floor, Nexxus Building Maples and Calder 41 Connaught Road Central 53rd Floor, The Center Hong Kong 99 Queen’s Road Central Hong Kong Directors of the Manager Dato’ Seri Cheah Cheng Hye With respect to Hong Kong law Mr. Ho Man Kei, Norman King & Wood Mallesons Mr. So Chun Ki Louis 13th Floor, Gloucester Tower The Landmark Trustee, Registrar, Administrator and 15 Queen’s Road Central Principal Office Hong Kong Bank of Bermuda (Cayman) Limited P.O.
  • Regional Container Port Competition and Co-Operation: the Case of Hong

    Regional Container Port Competition and Co-Operation: the Case of Hong

    Journal of Transport Geography 10 (2002) 99–110 www.elsevier.com/locate/jtrangeo Regional container port competition and co-operation: the case of Hong Kong and South China Dong-Wook Song * Department of Shipping and Transport Logistics, The Hong Kong Polytechnic University, Hung Hom Kowloon, Hong Kong Abstract As the entrepoot^ to the Chinese mainland, the economy of Hong Kong has enjoyed a high growth rate of economic development. When Hong Kong developed its container ports in order to accommodate the regional economic boom, its counterparts in China were left far behind; there was no serious port competition from China. However, as China develops its economy, the port of Hong Kong faces real challenges from Chinese ports, particularly from southern ones. Interestingly, the handover of its sovereignty to China in 1997 caused an issue of competition and co-operation between these ports. This paper aims to examine the possible competition and co-operation of the adjacent container ports in Hong Kong and South China from a strategic perspective. Ó 2002 Elsevier Science Ltd. All rights reserved. Keywords: Competition; Co-operation; Container port; Hong Kong; South China 1. Introduction serious port competition from the Chinese mainland in the last 20 years, and the role of Hong Kong ports as a The fact that the global economy is shifting towards regional hub has been aggrandised. the newly industrialising countries in Asia and that Since China has, however, been developing its econ- greater seaborne trade links exist between Asian nations omy at a two digit growth rate since the early 1990s, the is resulting in fast regional economic development and port of Hong Kong faces real challenges from ports in growth.
  • China's Technology Mega-City an Introduction to Shenzhen

    China's Technology Mega-City an Introduction to Shenzhen

    AN INTRODUCTION TO SHENZHEN: CHINA’S TECHNOLOGY MEGA-CITY Eric Kraeutler Shaobin Zhu Yalei Sun May 18, 2020 © 2020 Morgan, Lewis & Bockius LLP SECTION 01 SHENZHEN: THE FIRST FOUR DECADES Shenzhen Then and Now Shenzhen 1979 Shenzhen 2020 https://www.chinadiscovery.com/shenzhen-tours/shenzhen-visa-on- arrival.html 3 Deng Xiaoping: The Grand Engineer of Reform “There was an old man/Who drew a circle/by the South China Sea.” - “The Story of Spring,” Patriotic Chinese song 4 Where is Shenzhen? • On the Southern tip of Central China • In the south of Guangdong Province • North of Hong Kong • Along the East Bank of the Pearl River 5 Shenzhen: Growth and Development • 1979: Shenzhen officially became a City; following the administrative boundaries of Bao’an County. • 1980: Shenzhen established as China’s first Special Economic Zone (SEZ). – Separated into two territories, Shenzhen SEZ to the south, Shenzhen Bao-an County to the North. – Initially, SEZs were separated from China by secondary military patrolled borders. • 2010: Chinese State Council dissolved the “second line”; expanded Shenzhen SEZ to include all districts. • 2010: Shenzhen Stock Exchange founded. • 2019: The Central Government announced plans for additional reforms and an expanded SEZ. 6 Shenzhen’s Special Economic Zone (2010) 2010: Shenzhen SEZ expanded to include all districts. 7 Regulations of the Special Economic Zone • Created an experimental ground for the practice of market capitalism within a community guided by the ideals of “socialism with Chinese characteristics.” •
  • Dwelling in Shenzhen: Development of Living Environment from 1979 to 2018

    Dwelling in Shenzhen: Development of Living Environment from 1979 to 2018

    Dwelling in Shenzhen: Development of Living Environment from 1979 to 2018 Xiaoqing Kong Master of Architecture Design A thesis submitted for the degree of Doctor of Philosophy at The University of Queensland in 2020 School of Historical and Philosophical Inquiry Abstract Shenzhen, one of the fastest growing cities in the world, is the benchmark of China’s new generation of cities. As the pioneer of the economic reform, Shenzhen has developed from a small border town to an international metropolis. Shenzhen government solved the housing demand of the huge population, thereby transforming Shenzhen from an immigrant city to a settled city. By studying Shenzhen’s housing development in the past 40 years, this thesis argues that housing development is a process of competition and cooperation among three groups, namely, the government, the developer, and the buyers, constantly competing for their respective interests and goals. This competing and cooperating process is dynamic and needs constant adjustment and balancing of the interests of the three groups. Moreover, this thesis examines the means and results of the three groups in the tripartite competition and cooperation, and delineates that the government is the dominant player responsible for preserving the competitive balance of this tripartite game, a role vital for housing development and urban growth in China. In the new round of competition between cities for talent and capital, only when the government correctly and effectively uses its power to make the three groups interacting benignly and achieving a certain degree of benefit respectively can the dynamic balance be maintained, thereby furthering development of Chinese cities.
  • The Case of Hua Qiang-Bei District, Shenzhen - a Joint Research Seminar & Design Studio Proposal on Urban Regeneration

    The Case of Hua Qiang-Bei District, Shenzhen - a Joint Research Seminar & Design Studio Proposal on Urban Regeneration

    MArch course proposal CUHK Doreen Heng LIU Fall 2009 & Spring 2010 The Chinese University of Hong Kong School of Architecture 2009-10 Term 1+2 MArch Joint Research Seminar & Design Studio Proposal Proposed by: Doreen Heng LIU Post Generic City: The Case of Hua Qiang-Bei District, Shenzhen - A Joint Research Seminar & Design Studio Proposal on Urban Regeneration Dr. Joan BUSQUETS Martin Bucksbaum Professor in Practice of Urban Design and Planning Graduate School of Design, Harvard University & Dr. Doreen Heng LIU Adjunct Assistant Professor School of Architecture, the Chinese University of Hong Kong SEMINAR & STUDIO PROPOSAL Keywords: two terms - reseach based urban design studio architecture & urban design: industrial/Urban regeneration observation, investigation & speculations Site: Hua Qiang-Bei Road(HQB) locates in Huaqiangbei area in Futian District (also named Shangbu Area). The design of area is 930 meter from south to north in length. Taking Huaqiangbei Road as the central axis, this consultation study area is 45 hectares from Zhonghang Road and the 8th Road at west to the Huafabei Road at east, from Hongli Road at north to Shennanzhong Road at south. And the research improvement area is 22 hectares. Background: (an excerpt from the Shenzhen Planning Bureau document) Historical development – Huaqiangbei Road emerged as Shangbu Industry Area was established in the middle of 1980s and has gradaully developed into an important transportation artery within Shangbu Industry Area. SEG Electronics Market Shenzhen set up in 1988 has driven the scale development of professioal electronic marekts along Huaqiangbei Road. In 1994, the opening of Wanjia Department Store promoted the property appreciation and popularity in Huaqiangbei Road, Women’s World, Shenzhen XDH Costume City and other business faiclites subsequently were set up in Huaqiangbei Road.
  • The Role of Hong Kong Universities in the Development of the Greater Bay Area

    The Role of Hong Kong Universities in the Development of the Greater Bay Area

    14 JOURNAL OF COMPARATIVE AND INTERNATIONAL HIGHER EDUCATION 10 (2018) Social Capital – A “Super Connector” for Internationalization and Integration: The Role of Hong Kong Universities in the Development of the Greater Bay Area Wai-wan (Vivien) Chana,* aSouthern University of Science and Technology, China *Corresponding author: Email: [email protected] Address: Southern University of Science and Technology, Shenzhen, Guangdong Province, China Introduction newspaper reports, other reports, university websites and policy papers. At the beginning of 2018, the Beijing government This paper analyses and discusses the role of Hong announced the state plan concerning The Greater Bay Kong universities in the development of the Greater Area (GBA) integration of Guangdong Province, Hong Bay Area from the perspective of educational Kong and Macau’ (“Dawan district”). Since then, there sociology. It proposes that the social capital of Hong have been numerous discussions among local Kong universities for internationalization and governments, government departments, businesses and integration should be the main driver behind the academics about this plan. With this call for “greater development of the innovative knowledge economy in political and national assimilation”, it is time for Hong the Greater Bay Area. Kong to review its position in the Greater Bay Area. The concept of social capital highlights the What role can Hong Kong play? What are the pros and importance of using social connections and social cons of this regional economic and social integration? relations in achieving goals. Social capital theory has Deloitte (2018) recently published, “From ‘World been widely applied to the field of business studies, but Factory’ to ‘World-class Metropolitan Area’”(The not in the research of higher education in China.
  • Exploring the Legal System of Foreign Investment in Shenzhen Qianhai Shekou Free Trade Zone

    Exploring the Legal System of Foreign Investment in Shenzhen Qianhai Shekou Free Trade Zone

    2018 7th International Conference on Social Science, Education and Humanities Research (SSEHR 2018) Exploring the Legal System of Foreign Investment in Shenzhen Qianhai Shekou Free Trade Zone Chen Hua China Center for Special Economic Zone Research, Shenzhen University Shenzhen WTO Affairs Center Keywords: autonomous region; appearance investment; first test; legal system Abstract: At present, there are still certain problems in the formulation of foreign investment laws in the Free Trade Zone. For example, the investment rule standard has not been perfected, and the dispute settlement mechanism has certain limitations. Therefore, in the process of creating an investment legal system, the autonomous region should formulate perfect investment standards on the basis of the internationalization standard of China. The dispute settlement mechanism should encourage the establishment of a pilot temporary arbitration system, internationalization of arbitration, and establishment and improvement of a foreign dispute settlement system, in order to provide certain guidance for foreign investment in the Free Trade Zone. 1. Introduction Foreign investment in Shenzhen Qianhai Shekou Free Trade Zone can rely on national policy dividends to innovate law enforcement, legislation, and judicial, and conduct trials in advance to improve the space and disputes of investment rules and standards, and the limitations of appropriate resolution mechanisms. It is the innovation focus of the foreign legal system[1]. The innovation and construction of the autonomous region system is the basic way to cope with the complicated nationalized economic form and persist in reform and development. In order to better build a demonstration base with social assistance laws with Chinese characteristics, in July 2015, Shenzhen Qianhai Administration issued an implementation plan for free trade in the region [2].