It’s safer for children to travel rearward: Volvo Cars

Children should travel rearward facing until they are three-four years

Gothenburg, June 30(Greenpost)–Small children should travel in rearward facing child restraints for as long as possible, at least until they are three to four years old, recommended Volvo Cars expert.

“Older children should use a booster cushion until they are 140 centimetres tall and at least ten years old. This is Volvo Cars’ firm recommendation. The knowledge is based on real life accidents, together with advanced research at Volvo Cars’ state-of-the-art crash laboratorym,” said Lotta Jacobsson, Volvo Cars’ child safety specialist.

Over 50 years of child safety development

Since the early days Volvo Cars has introduced numerous world firsts, such as the three-point safety belt in 1959. This life-saving safety belt is now integrated in all car models in the world.

Volvo Cars started researching child safety in the early 1960’s. This was a time when space journeys were hot news. On the black and white TV screen you could see the astronauts lying on their backs to even out the forces during take-off and landing. Using the entire back to spread the forces was incorporated in the first child restraint prototype, which was tested in 1964. Since then, Volvo Cars has been setting the standard in child safety.

“Our first rearward facing child restraint was launched back in 1972, says Lotta Jakobsson, Child Safety Specialist at Volvo Cars Safety Centre. Volvo Cars has also been a driving force in international co-operations such as the making of the ISOFIX standard. ISOFIX is a standardised anchoring system that makes it easier to fit a child restraint correctly in any car equipped with the system.

Based on accident research

In 1970 the Volvo Traffic Accident Research Team was established to study car crashes in Sweden involving newer Volvo models. Since then the team has studied approximately 2,500 traffic accidents down to the smallest detail, and the knowledge they gain is used in developing new safety technologies. Information from more than 43,000 accidents is stored in a statistical database. For example, SIPS (Side-Impact Protection System) and WHIPS (Whiplash Protection System) are direct results of this accident research.

” Our engineers identify interesting areas, develop solutions and incorporate them in the oncoming Volvo model”, says Lotta Jakobsson. When that model is out on the streets, the research of real life car crashes continues to help decide which areas to focus on in next generation. It is a continuous process.

The statistical database at Volvo Cars includes more than 4,500 children. The accidents have been studied carefully and reveal the following:

  • A child in a rearward facing child seat is approximately 90% less likely to be injured in an accident compared to an unrestrained child.
  • Using a booster cushion the child runs an approximately 75% lower risk of being injured compared to being unrestrained.

Advanced safety centre

Volvo Cars Safety Centre is the world’s most advanced crash laboratory, where real life collisions can be reconstructed and studied. For example crash tests can be run with two moving cars in different angles, creating different forms of impact. Volvo Cars uses this research together with accident data from real life to enhance road safety for various road users: the driver, the passengers and people outside the car – pedestrians as well as people in other vehicles.

– All children must always be restrained properly. They should travel facing the rear until at least the age of three-four and use restraints for older children up to 10-12 years of age, says Lotta Jakobsson.

Volvo Car Group in 2014

For the 2014 financial year, Volvo Car Group recorded an operating profit of 2,252 MSEK (1,919 MSEK in 2013). Revenue over the period amounted to 129,959 MSEK (122,245 MSEK). For the full year 2014, global sales reached a record 465,866 cars, an increase of 8.9 per cent versus 2013. The record sales and operating profit cleared the way for Volvo Car Group to continue investing in its global transformation plan.

Volvo has been in operation since 1927. Today, Volvo Cars is one of the most well-known and respected car brands in the world with sales of 465,866 in 2014 in about 100 countries. Volvo Cars has been under the ownership of the Zhejiang Geely Holding (Geely Holding) of China since 2010. It formed part of the Swedish Volvo Group until 1999, when the company was bought by Ford Motor Company of the US. In 2010, Volvo Cars was acquired by Geely Holding.

As of December 2014, Volvo Cars had over 26,000 employees worldwide. Volvo Cars’ head office, product development, marketing, and administration functions are mainly located in Gothenburg, Sweden.

Volvo Cars’ head office for China is located in Shanghai. The company’s main car production plants are located in Gothenburg (Sweden), Ghent (Belgium), and Chengdu (China), while engines are manufactured in Skövde (Sweden) and Zhangjiakou (China) and body components in Olofström (Sweden).

 

 

 

 

Volvo Cars: children are not small versions of adults

Children are not small versions of adults and need special restraints

Gothenburg, June 30(Greenpost)– Lotta Jacobsson, child  safety specialist in Volvo Cars stressed that children are not small version of adults and needs special restraints.

“The differences in anatomy between children and adults are considered in Volvo Cars’ child safety development – of inbuilt features as well as accessories. Children are not small versions of adults, which is why children need special restraints when travelling in cars,” said Jacobsson in a presentation in Gothenburg’s Volvo Design center.

She said a child’s neck is under development and not as strong as an adult’s neck. Also the head is proportionally bigger than that of an adult. Children therefore need special restraints, facing the rear for as long as possible until at least three-four years of age. When travelling facing the rear the crash forces are spread over the back and head, which reduces the load on the neck in frontal impacts.

” A child’s head weighs a lot more in proportion to the body, and the neck is weak. That is why we strongly believe that children should travel in rearward facing child restraints until they are three-four years old”, says Lotta Jakobsson, Child Safety Specialist at Volvo Cars.

 Rearward facing child restraints are designed to support the neck and help spread the forces over a larger area in frontal impacts. Frontal impacts are the most frequent and usually the most severe impact situation.
– In a frontal impact a rearward facing child’s whole body is supported, which minimises relative movements between the head and torso, says Lotta Jakobsson.

Since more than 35 years, Volvo Cars is doing extensive research based on real life accidents. These studies show beyond doubt that the safest way for small children to travel in cars is facing the rear.

 Physical evidence why children should travel facing the rear

The head of a newborn baby makes up half the total body weight, where an adult’s head weighs only about six percent of the total. This oversized head – in combination with not fully developed neck vertebrae, muscles and ligaments – makes the baby’s neck a weak point.

Forward facing in a frontal impact, the body is restrained by the safety belt while the head moves forward and puts load on the neck. Depending on crash severity and size of the child, this load can be injurious.

– In one severe frontal impact in central Europe two girls were sitting forward facing in the rear seat. The five-year-old sustained a broken leg and spent two weeks in hospital. Her little sister, just ten months old, died from neck injuries. This is a clear example that it is much too early for a ten month old child to travel forward facing, says Lotta Jakobsson.

When the child has outgrown its rearward facing seat

Rearward facing is the safest way for children to travel in cars until they have outgrown the seat and have reached an age of three-four years. Then the neck has become stronger and the child can be turned to face forward, using the standard safety belt in combination with a belt-positioning booster cushion. The booster cushion guides the lap belt across the pelvis, as low as possible towards the thighs and not over the soft belly. The torso belt runs diagonally across the chest. Pull the safety belt tight, as close to the body as possible. It does not affect the safety if the torso belt rests on the child’s neck, but if the safety belt is tucked under the arm or behind the back, the child is not as protected in an accident.

 Volvo Cars’ policy is that children should use a booster cushion until they are 140 centimetres tall and ten years old. Booster cushions come in different models and sizes, with or without a backrest. Some cars can be equipped with an integrated booster cushion.

– An integrated booster cushion is always available and can not be accidentally left behind, says Lotta Jakobsson. It makes it easier to position the safety belt correctly and blends in with the car interior, which can make older children more interested in using a booster. It is important to fit the child restraint according to the manufacturer’s instructions. Most importantly, children must never be placed in the passenger seat if the airbag is active.

 Myths and truths about travelling facing the rear

There are a number of myths that can stop parents from choosing the safer rearward facing child restraint for their children. Lotta Jakobsson at Volvo Cars Safety Centre responds to a few of them:

 Myth: Children do not want to travel rearwards.

Truth: Small children are usually as happy facing any direction in the car.

Advice: If the child restraint is fitted in the back seat, place a mirror so that the child can see you. This will help the child feel safe and you can check on it easily with a glance in the interior mirror.

 Myth: The child restraint will not fit.

Truth: All child restraints are not suitable for all cars.

Advice: Read up on child restraints to see which one would meet your needs. Also get a staff member to teach you how to fit it properly before purchase.

 Myth: There are no rearward facing child restraints available.

Truth: It can still be difficult to find rearward facing child restraints on some markets. In the Nordic countries they are readily available, and more countries join in the recommendation that small children should travel facing the rear.

Advice: Check with your national road safety organisation. They should be able to give you further information or refer you to someone who can.

How children of different ages should travel in cars

 A newborn baby should use an infant seat. Do not let it sit upright for too long, take frequent breaks and pick up the baby for a while or let it rest lying flat while the car is parked.

 An infant or toddler should be fastened in a rearward facing infant seat or a larger rearward facing child restraint until the child has outgrown the larger seat and is three-four years old. The neck is weak and needs all the support it can get in the event of an accident. It does not matter if the child has to bend its legs or touches the back rest with its feet. Take breaks often to let the child stretch and play.

 An older child who has outgrown the rearward facing seat but is shorter than 140 centimetres and has not reached the age of ten, should use a booster cushion. The booster gives the child an increased height and directs the safety belt over the stronger parts of the body during a crash. The lap belt should be placed tightly across the pelvis, as low as possible towards the thighs and not over the soft tissue of the abdomen. The torso belt should run across the chest and also be pulled tight. It does not matter if the belt touches the neck. Never place the torso belt under the arm or behind the back.

Do’s & Don’ts for children in cars – six simple rules that can save lives

Do

  • Always make sure the child is properly restrained – during short trips as well.
  • Choose a child restraint that is suitable for your child and car model.
  • Remove bulky clothes so that the safety belt is tight and the child does not get too hot.

Don’t

  • Never drive with an unrestrained child in the car.
  • Never place a child in the passenger seat with the airbag active.
  • Never fasten a child shorter than 140 centimetres with just the standard safety belt. It must be used in combination with a booster cushion and only by children who have outgrown their child seats.

Children in car crashes

– A heavy head and weak neck structure make small children extremely vulnerable in frontal impacts when facing forward.

– Head, abdomen, extremities, chest and spine injuries are the most common to children.

– Prevention is better than treatment. Use a child restraint that is recommended for your child’s age and use it properly.

– A rearward facing child seat provides firm support behind the child’s head and back.

– Older children should use a booster cushion to allow proper positioning of the safety belt.

Important

  • Never fit a child restraint in the passenger seat with an active airbag.
  • Remove bulky clothes so that the safety belt can be pulled tight as close to the body as possible.
  • Remove or unzip warm clothing if necessary to prevent overheating and subsequent dehydration.

China Focus: Factory slowdown shows signs of stabilizing

China Focus: Factory slowdown shows signs of stabilizing

    BEIJING, June 23 (Xinhua) — China’s factories did better last month, a preliminary HSBC survey showed on Tuesday, though overall manufacturing activity still contracted slightly.

The HSBC flash manufacturing purchasing managers’ index (PMI) recovered to 49.6 in June from May’s final reading of 49.2, beating market forecast of 49.4.

The figure is a notch below the 50 point level that separates growth in activity from contraction indicating that manufacturers remain pessimistic, but those hoping for signs of stabilization in China’s flagging economy may find some relief in Tuesday’s report.

A breakdown of the survey results showed the sub-indices of output, new orders and quantity of purchases all improved in June. The index of new orders rose above the 50-point mark for the first time in four months.

The sub-index of employment, however, showed manufacturers continuing to cut their staff, with the latest reduction the sharpest in over six years, indicating relatively muted growth expectations as demand both at home and abroad remains subdued, Markit economist Annabel Fiddes said.

“The data adds to evidence that the sector has lost growth momentum in the second quarter as a whole, and suggests that the authorities may step up their efforts to stimulate growth and job creation in the second half of the year,” Fiddes said.

Tuesday’s reading is not the only one to suggest that authorities may open their tool box again; much recent data has missed market expectations.

Weighed by unsteady global demand, stuttering domestic investment and a weak property sector, China’s economic growth fell in the first quarter to 7 percent, its lowest level in six years.

The central bank has cut benchmark interest rates three times since November and lowered banks’ reserve requirement ratio (RRR) twice since February.

“Interest rate and RRR cuts to date could lift real fixed asset investment by around 2.4 percentage points, but this is not enough to stabilize growth at around 7 percent,” Qu Hongbin, chief China economist at HSBC said in a Tuesday report.

Qu expects a 50 basis point interest rate cut and a 250 basis point cut in the RRR in the rest of the year, with intensified fiscal support, more municipal bond issues and mobilization of fiscal funds. As the effects of these easing policy filter through, growth could pick up in coming months, he said.

China’s central bank economists are cautiously optimistic, expecting a modest recovery in sequential growth in the second half of the year. The economists lowered their growth forecast to 7 percent for 2015, from previous 7.1 percent, reflecting the headwinds faced by the economy. Endite

China Focus: New consumption mode, new growth engine

China Focus: New consumption mode, new growth engine

BEIJING, June 23 (Xinhua) — Against the headwinds towards China’s economy, new ways of consumption empowered by development of Internet Plus is likely to become the country’s new growth engine.

China’s economic growth slowed to a six-year low at 7 percent in the first quarter of 2015 while it has been seeking ways to shift its growth away from a dependence on investment and export to domestic consumption.

The latest data showed that China’s retail sales growth accelerated in May, indicating that its pro-consumption policies launched recently have begun to take effect.

The National Bureau of Statistics reported that retail sales in May grew 10.1 percent year on year to 2.42 trillion yuan, a tad up from the 10 percent growth recorded in April.

More importantly, online shopping took a larger share in total consumption. In the first five months, online sales rose 39.3 percent year on year to reach 1.34 trillion yuan.

Internet Plus is an idea that combines mobile Internet, cloud computing, big data, Internet of Things, modern manufacturing industries, e-commerce, industrial Internet and Internet finance.

Besides buying consumer goods and ordering food, Internet Plus has also penetrated in all aspects of life, such as transportation, traveling, medical care, entertainment and education, and the new consuming experience has stimulated the potential of consumer spending.

In a bid to further spur demand from middle and low-income earners, the State Council, China’s cabinet, said on June 10 that private capital, foreign and domestic banks and Internet companies will be allowed to set up “consumer credit” firms, which can offer small loans to the public.

Compared to traditional loans offered by banks, loans designed specifically to fund retail purchases are generally small and without the need of guarantees. Such loans are especially handy for people who are either denied of credit cards by banks or whose cards have low credit lines

The move is widely expected to effectively expand domestic consumption and help China’s economy shift to a consumption-driven economy as “borrow to consume” are now more acceptable to Chinese consumers and China’s credit information system is further completed.

China’s e-commerce giants such as Alibaba, JD.com and Suning have already launched similar services, which give consumers access to loans to buy goods on their online shopping sites and the money could be repaid in installments.

Moreover, China has slashed import duties on consumer goods by an average of 50 percent, starting from June 1, which is another move to encourage domestic spending. The duty on cosmetics was reduced to 2 percent from 5 percent.

China’s State Council has also released a guideline on June 20 saying the customs administrator will streamline customs procedures for e-commerce exports and imports to make the processes simpler and quicker, while the quality supervision authorities will allow collective declaration, examination and release of goods.

The government will keep export taxes low while formulating import tax policies. It will also encourage domestic banks and institutions to launch cross-border electronic payment businesses and advance pilot overseas payments in foreign currencies.

However, experts note that some of the policies and regulations in China have fallen behind the development of the new consumption mode and they suggest the government should continue to improve consuming environment, upgrade consuming infrastructure, strengthen regulation and further open domestic market. Enditem

 

 

China Southern Airlines launches Guangzhou-Paris-Vienna cargo route

China Southern Airlines launches Guangzhou-Paris-Vienna cargo route

PARIS, June 23 (Xinhua) — China Southern Airlines Co., Ltd., one of China’s leading airlines based in south China city of Guangzhou, has launched Guangzhou-Paris-Vienna cargo route in a bid to further expand its cargo transport network in Asia-Europe region.

At present, two flights are arranged for the new route each week and the number of the flights will be raised to three each week starting from July 1, said Zhu Jinliang, general manager of the Pairs office of China Southern Airlines. Enditem

 

Alibaba to sell U.S.-based 11 Main for 37.6 pct stake in OpenSky: report

Alibaba to sell U.S.-based 11 Main for 37.6 pct stake in OpenSky: report

BEIJING, June 23 (Xinhua) — Alibaba Group Holding Ltd. (BABA.NYSE) planned to sell its US-based E-commerce business unit – 11 Main to exchange for a 37.6 percent stake in online marketplace – OpenSky, reported Xinhua-run cnstock.com Tuesday.

According to the Chinese E-commerce giant, 11 Main’s management staff will join OpenSky but the former will still keep its own website after the deal, whose financial terms are not disclosed yet.

Alibaba launched 11 Main in June 2014. However, the website failed to attract wide attention and attain sufficient support from Alibaba Group, said the report citing a source saying 11 Main might only be Alibaba’s one attempt to test the US market.

Alibaba finished its initial public offering (IPO) in the US in 2014. Currently, most of its revenue comes from domestic B2C E-commerce platforms – Taobao.com and Tmall.com.

Previously, an executive of Alibaba said the company’s overseas strategies would focus on helping foreign merchants and brand operators to sell their goods to Chinese consumers.

Apart from 11 Main, Alibaba invested a lot in the United States. In March, it invested 200 million US dollars in US photo messaging application – Snapchat. Enditem

 

 

Moody’s: Global RMB penetration improves

Moody’s: Global RMB penetration improve

BEIJING, June 23 (Xinhua) — Offshore RMB-denominated bonds are likely to see the offering scale grow moderately in 2015, though offshore issues declined year on year in the first quarter due to the drop of onshore interest rates, a Moody’s report said on Tuesday.

China’s “Belt and Road” initiative and the establishment of Asian Infrastructure Investment Bank (AIIB) further strengthened the role of RMB it played in cross-border transactions and investment, said Ivan Chung, a Moody’s senior vice president.

“Meanwhile, the International Monetary Fund’s impending decision on whether to include RMB in the special drawing rights (SDR) basket will be a milestone to the internationalization of RMB and will help increase investors’ allocations of RMB-denominated assets,” added Chung.

In terms of China’s onshore bond market, Moody’s pointed out in its report that the first public bond default in March 2014 and the three default cases in May and June of 2015 showed the Chinese regulators had increased their tolerance on default and would make market play a decisive role in debt restructuring in the future. Enditem

 

 

hina’s electric car production grows three-fold in May

China’s electric car production grows three-fold in May

    BEIJING, June 24 (Xinhua) — Chinese manufacturers produced three times more new energy vehicles this May than they did last year, the Ministry of Industry and Information Technology said on Wednesday.

Production of pure electric passenger cars rose 300 percent to 9,922, with hybrids rising nearly 400 percent to 4,923. Production of pure electric and hybrid commercial vehicles rose by 700 percent and 36 percent, respectively. A total of 19,100 such vehicles rolled of the production line May.

In the first five months, Chinese automakers produced 53,600 new energy vehicles; again nearly a threefold increase over 2014.

The government has been working hard to put more new energy vehicles on road, saving energy and reducing pollution. In March, the Ministry of Transport set a target of 300,000 new energy commercial vehicles on China’s roads by 2020: 200,000 new energy buses and 100,000 new energy taxis and delivery vehicles.

The Ministry of Commerce also announced earlier this year that China will continue to build charging facilities in cities and allow tax exemptions and subsidies on vehicle purchases. Enditem

 

 

Cabinet stresses “Internet Plus” strategy

Cabinet stresses “Internet Plus” strategy

BEIJING, June 24 (Xinhua) — China will put more momentum behind its “Internet Plus” drive, which aims to integrate the Internet and industry while encouraging entrepreneurship and innovation, the cabinet vowed on Wednesday.

The campaign is very important in creating a new engine for economic growth, said a statement released after an executive meeting of the State Council, presided over by Premier Li Keqiang, who proposed Internet Plus in March.

An Internet Plus guideline was approved at the meeting. It maps development targets and supportive measures for sectors which the government hopes can establish new industrial modes, including agriculture, energy, finance, public services, logistics, e-commerce, traffic, biology and artificial intelligence.

Unreasonable regulations and policies which hinder Internet Plus will be cleared and market accesses will be lowered for integrated products and services, according to the guideline.

China will launch hardware projects to support Internet Plus, build more next-generation infrastructure, develop more core chips and high-end servers, and better apply cloud computing and big data, it said.

Based on Internet Plus, open and shared platforms will be built to improve public services and share public data, it added. Enditem

 

China mulls cyber security law

China mulls cyber security law

BEIJING, June 24 (Xinhua) — China’s top legislature is considering a cyber security law, according to a statement released Wednesday.

The draft law was submitted to lawmakers for its first reading at the bimonthly session of the National People’s Congress (NPC) Standing Committee which runs from Wednesday to July 1.

The law aims at “safeguarding cyberspace sovereignty and national security,” according to the draft.

Cyber security has become an important issue concerning national security and development as well as public interests, said Lang Sheng, deputy head of the Legislative Affairs Commission of the NPC Standing Committee, at the session.

The 68-article draft law suggests mechanisms to guarantee the safety of Internet products and services, operation, network data, as well as information.

The draft also highlights “development,” prescribing national strategies for cyber security and supportive measures to promote cyber security, Lang said.

Key information-related infrastructure will be put under protection, according to the draft.

The draft also stresses protecting citizens’ personal information from being stolen, leaked or used illegally.

State Council departments related with cyber security will establish systems for cyber security monitoring, warning and reporting. An emergency response mechanism will also be set up, according to the draft. Enditem

 

China’s top legislature reviews BRICS bank agreement

China’s top legislature reviews BRICS bank agreement

BEIJING, June 24 (Xinhua) — China’s top legislature started reviewing an agreement on the founding of the BRICS New Development Bank (NDB), intended to fund infrastructure in the BRICS bloc and other developing economies, on Wednesday.

The agreement was signed by five of the bloc’s members — Brazil, Russia, India, China and South Africa — on July 15 last year during the sixth BRICS summit.

It will enter force only when all BRICS countries have deposited instruments of acceptance, ratification or approval.

The agreement over the Shanghai-based bank had been ratified in India and Russia by April 27, said Vice Finance Minister Shi Yaobin while elaborating on the deal at the bimonthly session of the National People’s Congress (NPC) Standing Committee.

The NDB will have initial authorized capital of 100 billion U.S. dollars, and its initial subscribed capital of 50 billion U.S. dollars will be equally shared among founding members, under the agreement.

It will stipulate a three-tier governance structure — a board of governors, a board of directors and management led by the president.

As agreed by the five countries, the first chair of the Board of Governors will be nominated by Russia, the first chair of the Board of Directors by Brazil, and the first president of the bank by India, Shi said.

They also agreed to set up an African regional center of the NDB in South Africa.

The establishment of the bank will be a milestone in financial cooperation among BRICS members, according to Shi.

Aside from its main funding function, it will help enhance the bloc’s role in the international arena and promote reform of global economic governance, he said.

The agreement will initially not be applied in the Hong

Kong Special Administrative Region after the foreign ministry consulted with the regional government.

Once the agreement is approve by the NPC Standing Committee, the Chinese government will subscribe 10 billion U.S. dollars on time as prescribed, Shi said.

He also noted that the NDB, the Asian Infrastructure Investment Bank and the Silk Road Fund would operate independently although all three were financed by the government. Enditem

Chinese billionaire ambitious in world’s sports industry

Chinese billionaire ambitious in world’s sports industry

BEIJING, June 24 (Xinhua) — Bold plans unveiled by the Chinese government to develop the sports industry have fueled hunger and ambitions among Chinese investors.

Besides manufacturing sport wear and gear, Chinese investors have started to buy stakes in European soccer clubs and sports-related international companies.

Billionaire Wang Jianlin said one of his goals is to turn his Wanda Group into a leader in the world’s sports industry.

“We are going to merge at least three sports-related enterprises by the end of the year, a move expected to give Wanda a leading position in the world’s sports industry,” Wang told Xinhua on Tuesday.

The Chinese real estate and entertainment giant bought Swiss sports marketing company Infront Sports & Media three weeks after it purchased stakes of 2014 Spanish La Liga champions Atletico Madrid in January. The two deals cost Wang about 1.25 billion U.S. dollars.

Wang admitted that his group, well known for real estate projects, cinemas and plazas, is a “green hand” in the sports industry but ample budget ensured his group’s rapid rise in the sector.

“What we are doing is merging, which paved our way to the industry,” he said.

Wang took Infront as an example.

“Infront is a company with many resources, controlling sports events’ broadcast rights and marketing rights,” he said. “With Infront, we now stand at the upstream of the industry.”

China has unveiled plans to raise sports sector into a 5-trillion-yuan (817 billion U.S. dollars) industry by 2025.

Under a sweeping reform plan, private investment will be encouraged, new sports facilities will be built and the government will support the sector by increasingly buying its services.

Encouraged by the plans and later a reform agenda to revive Chinese soccer, many enterprises including Wanda have started to invest heavily in sports, especially soccer. Enditem

 

 

 

China creates leading group for enhancing manufacturing prowess

China creates leading group for enhancing manufacturing prowess

BEIJING, June 24 (Xinhua) — The State Council, China’s cabinet, will set up a leading group for its ambitious plan to enhance manufacturing prowess and change the reputation of “Made in China” goods.

The group, led by vice premier Ma Kai, will coordinate, deliberate and implement plans for becoming a world manufacturing power, according to a statement published on the government website.

The group will be headquartered in the Ministry of Industry and Information Technology, the statement said.

The decision came a month after the release of the “Made in China 2025” plan, which aims to transform China from a manufacturing giant into a world manufacturing power.

The plan lays out strategies for upgrading from low-end manufacturing to more value-added and tech-intensive production, and encourages domestic manufacturers to achieve technological breakthroughs across a number of emerging industries from numerical control tools and robotics to aerospace equipment and new energy vehicles.

Nine tasks have been identified as priorities: improving manufacturing innovation, integrating technology and industry, strengthening the industrial base, fostering Chinese brands, enforcing green manufacturing, promoting breakthroughs in 10 key sectors, advancing restructuring of the manufacturing sector, promoting service-oriented manufacturing and manufacturing-related service industries, and internationalizing manufacturing. Enditem

 

 

央行降准 股市维稳

夏评

中国股市自5月28日下跌以来,已经一个多月了,还没有咸鱼翻身。有人认为快走出V型低谷了。央行及时降准,预计可以帮助维持股市稳定,少一些剧烈震荡,进入下一个周期。

有关评论人士说中央高层希望慢牛,支持实体经济。但是,希望慢牛实际上不太符合经济发展规律。因为人的欲望就是疯狂的,想快富的人太多了。如何才能实现慢牛呢?那就是必须要透明,要对上市公司把好关。中央支持的产业,顺应大潮流,有利于应对气候变化的产业,要牛。对于该死的产业,可能需要让它死,但是,社保制度,保险制度完善,对于冒险的人也不至于伤身。

以前的维稳,付出巨大代价,消耗很多资源,是否股市维稳也会出现这个问题呢?是否代价也非常大呢?希望高层继续注意社会保障问题,继续缩小贫富差距问题。有了这两方面的成就,社会自然会稳定。如果专盯股市,恐怕又回到了“第一要务”,全民炒股,不顾实业的恶行循环了。要想发展实业,就要支持实业的发展,通过各种美好的方式来支持。光给钱太俗了。

据笔者在北欧观察,也许气候不太一样,但房市股市也都有个季节问题。一般在年底圣诞节前后,人们的购买欲是比较强烈的。但是到5,6月份就不太愿意买。所以,在夏天卖是不太好卖。在冬天卖反而好卖。

因此,股市要平衡一段时间是可能的。有的人跌没了,就完全丧失信心了。不过股市却是是像出牌一样。能堵的人,也许会好点儿。但一般都赌不过大的庄家,因为他们实力雄厚,往往是在涨到一定时候,就套现。小股民往往是越涨越想再涨,结果等大鱼一走,自己自然成了小虾米了。

但现在的年头,不买也是白浪费,所以,还是偶尔玩玩儿。指望炒股发家,可能从一开始就错了。但如果看准了某一个行业,比如绿色能源,环保产业,出于良心来支持,其实前途还是大大的。未来应该属于环保产业的。否则,没有活路了。所以,还是那句话,受骗上当也认了。