No country is an island in regulating food safety:How the WTO monitors Chinese food safety laws through the Trade Policy Review Mechanism(TPRM)

Established within the framework of the World Trade Organization （WTO）, the Trade Policy Review Mechanism （TPRM） reviews periodically the trade policies of all WTO Members. The review includes many aspects of food safety regulation. China＇s trade policy is reviewed every two years. This paper analyses in detail the reviews of China＇s trade policy in 2006, 2008, 2010, 2012 and 2014. It focuses in particular on food safety laws and types of standards, alignment of domestic standards with international standards, the role of different domestic institutions, transparency and notification of food safety measures under the WTO agreements on Sanitary and Phytosanitary Measures （SPS） and on Technical Barriers to Trade （TBTAgreement）, import and export, and geographical indications （GIs）. It concludes that the WTO TPRM can contribute, within its mandate, to reform of Chinese food safety laws and improvement of food safety in China. it notes that China has already undertaken substantial reforms of its system for regulating food safety. It recommends that China should continue to participate actively in the TPRM, follow its own path with regard to alignment and learn selectively from other WTO Members.

Discussion on the Formation and Trading Mechanism of Art Market Capital Price

Under the market economy system,art is a new investment channel.With the improvement of people's living standards,it has a new understanding of art investment.Based on this,this paper takes the price of art as the research object,and elaborates the price formation and transaction of the art capital market from the aspects of the intrinsic elements of art,the investment of art,the supply and demand of art market,people's boastful consumption and social education.The constraints imposed by the mechanism.

China's Processing Trade Development for Mechanical and Electrical Products

Since the launch of the economic reform and opening to the outside world, China has seen rapid growth in its export of mechanical and electrical products, with its export

CMC International Advertising & Exhibition Co.Ltd.-Bridging the Sino-foreign Mechanical and Electrical Trade

CMC International Advertising & Exhibition Co. Ltd.(CMC-IAE) is a specialized subsidiary of China National Machinery Import & Export Corporation (CMC) with corporate status. In the past 47 years, the company has played a positive role in the conveyance of information and development of China’s mechanical and electrical trade with other countries in the forms of specialized advertising and exhibitions, contributing greatly to the bridging of Sino-foreign mechanical and electrical trade and expansion of international economic and trade exchanges. CMC-IAE deals mainly in and acts as agent for the advertising business of both Chinese and foreign enterprises, and trading companies. It sponsors large-scale exhibitions and promotional activities both at home and abroad; undertaking to design and produce various advertisements,pamphlets and printing matters; engaging in

Actual implementation of spectrum-sharing systems in rayleigh fading channels~

In actual implementation of spectrum sharing systems, due to the selfishness of primary users, primary users often refuse the access of secondary users to their licensed spectrum bands even if the access of secondary users doesn＇t affect their transmission. Aimed at the selfishness problem of primary users, a seller＇s market trading mechanism is introduced which can not only stimulate primary users to tolerate larger interference power but also give the primary users an appropriate compensation at the same time, and which has very important practical significance. Based on the mechanism, the achievable maximal gross profit of secondary users and their optimal power allocation scheme in the Rayleigh fading environment are derived, and the interference price of primary users and the average revenue of secondary users＇ impact on them are also studied. Numerical calculation results are conducted to verify our theoretical results.

Reforming the IPO Trading Mechanism

Large sums of capital flowing into the stock market because IPOs pose a major threat to financial stability

Agent-based simulation for symmetric electricity market considering price-based demand response

With the development of electricity market mechanism and advanced metering infrastructure(AMI),demand response has become an important alternative solution to improving power system reliability and effi-ciency. In this paper, the agent-based modelling and simulation method is applied to explore the impact of symmetric market mechanism and demand response on electricity market. The models of market participants are established according to their behaviors. Consumers’ response characteristics under time-of-use(TOU) mechanism are also taken into account. The level of clearing price and market power are analyzed and compared under symmetric and asymmetric market mechanisms. The results indicate that the symmetric mechanism could effectively lower market prices and avoid monopoly.Besides, TOU could apparently flatten the overall demand curve by enabling customers to adjust their load profiles,which also helps to reduce the price.