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SHANGHAI’S household and mobile broadband speeds were the fastest of any
city on the Chinese mainland in the second quarter thanks to network
upgrades and improved 4G coverage, according to a report by the industry
regulator.Find the latest china it news,
photos, videos and featured stories on Shine News. SHINE provides
trusted national and world news as well as local and regional
The average download speed in homes was 24.9
megabits per second and 23.9 Mbps for 4G mobile Internet — 16.8 percent
and 18.2 percent above the national average respectively, the Shanghai
Municipal Commission of Economy and Information Technology said.
ranked second for household and mobile download speeds. Shandong
Province was the third fastest for homes and Jiangsu Province the third
fastest for mobiles.
Carriers such as China Telecom and China
Mobile have invested heavily in their networks while Internet firms such
as Alibaba and Tencent have also poured capital and resources into the
The development of Shanghai’s fiber optic and 4G networks
has intensified since 2016. At end-June, 86.8 percent of homes with
Internet had fiber optic, the highest rate in the world.
Fact Sheet: Communist Party Groups in Foreign Companies in
China Chinese Communist Party (CCP) officials are increasingly
calling on companies to support the creation of party organizations
among their employees. The potential for party groups to influence
corporate decision making has raised concern among some US company
executives: What are foreign companies obligated to do, and how should
companies respond to requests to establish party organizations in their
China subsidiaries?To get more china business news, you can visit shine news official website.
laws governing foreign invested enterprises are silent on party
organizations. China’s Company Law, which applies to domestic as well as
foreign-invested companies (but not foreign representative offices),
does address party organizations, but does not specify their role.
Article 19 requires companies to provide the “necessary conditions” for
the activities of party organizations, which shall be established within
the company according to the CCP Constitution.
Chapter 5 of the CCP
Constitution requires the formation of a party organization in
companies with three or more party members. The CCP Constitution lays
out different expectations for the role of party groups in state-owned
enterprises (SOEs) and private companies. Article 33 was amended in
November to alter requirements for party groups within SOEs. While
previous versions of the CCP Constitution called for party groups to
play a “core political role,” the revised version calls for these groups
to play an expanded leadership role, ensure the implementation of party
policy, and discuss and decide major issues for their enterprise.
In private companies, the CCP Constitution states that party
organizations are more focused on making sure the company follows the
law and overseeing organizations such as trade unions and the Communist
Youth League. No management or governance role is specified. While it is
not always clear that the term “private companies” incorporates foreign
invested enterprises, this may be the most relevant guidance for
foreign companies. By design, party organizations in SOEs are more
prominent and influential. Party regulations issued in June 2015 specify
that the chairman or CEO of an SOE should serve as the secretary of the
party group, and that other company executives should be included in
the party group as well.
Based upon the Company Law, party
organizations should be permitted to be established in a
foreign-invested enterprise – JV or 100% foreign-owned – if it employs
three or more party members. No management or governance role is
required, however, and company best practices suggest these
organizations are not required to hold a managerial function. For
example, party organizations could serve as a channel or platform to
coordinate local employee non-work activities or management-employee
Joint ventures, especially those with state-owned
partners, may face different pressures regarding the role of party
organizations, although it is USCBC’s understanding that they are not
subject to any legal obligation to allow party groups decision-making
power, based on the legal requirements analyzed above. Some USCBC
companies have reported that their state-owned joint venture partners
have recently approached them about altering their articles of
association to support party groups within the joint venture, even going
as far to request that they be amended to allow critical matters to be
approved by the party organization before they are presented to the
Some of these requests likely stem from a party directive
issued in March 2017, though companies report receiving similar requests
earlier than this. The 2017 directive, entitled “Notice About Firmly
Promoting Writing SOE Party Building Work into Company Articles of
Association,” requires state-owned enterprises to incorporate
party-building principles into their articles of association.
the notice does not represent a legal requirement and companies have
reported successfully pushing back against such requests to allow a
simple re-statement in the articles of association of the company’s
obligations under the Company Law.
In addition, the laws governing
joint ventures specify that amendments to the articles of association
require unanimous consent of directors present at the board meeting,
meaning the Chinese partner cannot force such changes without the
foreign partner’s agreement. In fact, these laws clearly state that the
board of directors is the highest decision making body in the company.
The Company Law does not specify any particular role for party
organizations in foreign-invested enterprises, so any attempt to give a
party cell a managerial or governance function can be challenged on this
Commonwealth Games Medallist Mouma Das Has Anxious Moments Over Baggage
At Airport INdia's table tennis ace Mouma Das, who returned home on
Tuesday after a spectacular double medal conquest at the Gold Coast
Commonwealth Games, spent some anxious hours when the Delhi Customs held
her check-in baggage after detecting a power bank, which the player
said she did not carry. Then, Mouma, on her arrival at the NSCBI Airport
here, found her baggage had not arrived and took to Twitter to complain
to the air carrier Jet Airways. The air carrier replied that she had
put her power bank in the check-in baggage, which was "strictly
prohibited".To get more table tennis news, you can visit shine news official website.
your baggage has been held by customs due to carriage of power bank in
the check-in baggage which is strictly prohibited," said the carrier,
asking her to share documents so that the process of releasing the
luggage could be expedited. Mouma, however, replied that she had not
carried any such gadget. The paddler, who was part of the gold medal
winning India women's team and also partnered Manika Batra to the
doubles silver at Gold Coast, then tagged Sports Minister Rajyavardhan
Rathore in one of her tweets.
A little later she also sought help
from External Affairs minister Sushma Swaraj and the Prime Minister's
Office, by tagging them in a tweet. Acting promptly, Rathore directed
the Sports Authority of India in another tweet to take up the issue with
the Finance Minister immediately. But the issue was resolved late on
Tuesday night after Mouma spoke to her teammates and learnt that a
souvenir bag presented by the games organisers did carry a power bank.
She admitted her mistake to the Delhi Customs authorities.
issue has now been resolved. It was my fault. I never carry a power bank
with me. "When I tweeted earlier I did not know that a souvenir bag
given to us carried a power bank. I have confirmed it from Manika and
others. I have written to the authorities about the presence of the
power bank. The baggage will now be sent to me on Wednesday morning. I
am told they are taking very good care of it," Mouma told IANS.
Tesla unveiled plans on Tuesday to build a factory in Shanghai to
dramatically increase its production capacity, with boss Elon Musk
making his electric-car company's biggest overseas move yet just as a
US-China trade battle heats up.To get more shanghai english newspaper, you can visit shine news official website.
said the plant, which has been in the works for a year, would
eventually have an annual production capacity of 500,000 cars, and he
hoped it would be "completed very soon."
The announcement of the
new Tesla venture comes as US companies face pressure from US President
Donald Trump to keep manufacturing jobs at home, and as Beijing and
Washington spar over terms of a trade in a fight that only last weekend
significantly hiked the price of imported Teslas sold in China.
Analysts noted that the announcement included no details about how much the plant would cost or how it would be financed.
already is the world's biggest electric car market and is expected to
grow further due in part to favourable government policies for the
"Shanghai will be the location
for the first Gigafactory outside the United States," Musk said in a
statement released by the company and Shanghai's government.
plant, located in the Lingang district, "will be a state-of-the-art
vehicle factory and a role model for sustainability. We hope it will be
completed very soon."
A Tesla spokesperson said the company
expects construction to begin "in the near future," with production
beginning roughly two years later and another three more years before it
reaches full production.
"Tesla is deeply committed to the
Chinese market, and we look forward to building even more cars for our
customers here," the spokesperson said.
"Today's announcement will not impact our US manufacturing operations, which continue to grow."
Pulling the trigger
about a potential big Tesla investment had bubbled over the past year.
The company last month told shareholders it was working with officials
in Shanghai to establish a plant to build electric cars and battery
packs intended for China.
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