Ministry of Finance (MOF) of China launched China Valuation Standard System                               Zhong He

China Appraisal Society Organized Staff to Learn the Spirit of the 17th CPC National Congress                         Zhong He

Special Report

Intellectual Property Strategy and Valuation Forum was Held in Beijing

Intellectual Property Strategy and Valuation forum was successfully held by State Intellectual Property Office of the People’s Republic of China (SIPO) and China Appraisal Society (CAS) from Oct. 30 to 31, 2007 in Beijing. Mr. Zhu Zhigang, Vice Minister of MOF, Mr. Tian Lipu, Commissioner of SIPO, Mr. Zhang Qin, Vice Commissioner of SIPO, and Mr. Ding Xuedong, Assistant Minister of MOF, attended the Forum and delivered speeches respectively. Here we published speeches of the above leaders and some other guests for readers to learn the forum detailedly.

Speech Delivered by Mr. Zhu Zhigang, Vice Minister of MOF

Speech Delivered by Mr. Tian Lipu, Commissioner of SIPO

Speech Delivered by Mr. Ding Xuedong, Assistant Minister of MOF

Sector 1: Enterprises Innovation and Valuation

Exerting the Function of Valuation and Promoting the Enterprises Innovation      

Vice Director-General of State Equity & Corporate Finance Department of MoF, Song Kangle

Valuation Profession Serving the Intellectual Property Strategy Positively   Vice President and Secretary-General of CAS,   Liu Ping

Sector 2: Intellectual Property Business and Valuation

Using Public Financial Policy Positively and Promoting the National Intellectual Property Strategy               

Director-General, Economic Construction Department, MoF, Wang Bao’an

Valuation Practice of the Intellectual Property in Mortagage Lending   

Board Chairman, Liancheng Asset Appraisal Ltd., Co., Liu Wutang

Valuation Practice in Intellectual Property Business 

Board Chairman, Shanghai Lixin Appraisal Company, Zhang Meiling

Sector 3: Financial Innovation of Intellectual Property and Valuation

Financial Intellectual Property Innovation: Strategy Reserve of the Banking Competition  

Director-General, Supervisory Rules & Regulations Department, China Banking Regulatory Commission, Huang Yi

Sector 4: Intellectual Property Rights Protection and Valuation

Some Policy Measures for Intellectual Property Rights Protection   

Director-General, Communication and Management Department, SIPO, Zeng Wuzong

Standardizing Valuation for Financial Reporting to Adapt to the Market Demands

With the broad application of International Accounting Standards around the world, the measuring of fair value has become an important issue. For fair value measurement, a globally generally accepted way is to measure the value according to valuers’ professional opinions. In china, the use of fair value in accounting has been in the early stage, and the valuation profession has limited experience in valuation for financial reporting. So, it’s emergent to establish rules for the valuation for financial reporting. Under the help and guide of MoF, China Appraisal Society established the Guidance Notes for Valuation for Financial Reporting (Pilot). And we will publish the Guidance in the magazine gradually.

Guidance Notes for Valuation for Financial Reporting (Pilot)

Explanation for Drafting Guidance Notes for Valuation for Financial Reporting (Pilot)

Sector Overview

Local News

Free Discussion

Discussion on the Professional Liability Insurance and Professional Risk Funds of Valuation Profession                 Xiao Ping

Sound of Appraisers

One Poet                                    Jiang Yuyong

Appraisal and Fashion

Birthstone                      Zhong Hengyu Appraisal Company

Editors and readers

Some Thinking about Writing                       Qiao Shuping

Members’ Leisure Time

Photographs                                      Liu Feng, etc.