Category Archives: Exchange

China Voice: The world needs fresh rules for Internet governance

   BEIJING, Dec. 18 (Xinhua) — How and what to regulate on the Internet has been a concern throughout the world as booming Internet business continues connecting countries.

The quest for a solution reveals existing Internet governance is far from impeccable in reflecting the desires and interests of the majority of countries.

Like the real world, cyberspace, with about 3.2 billion users worldwide, should be a domain of freedom and order.

Rules, which are by no means set to harm the open and democratic nature of the Internet, should be in place to safeguard the users’ rights and interests including exchanging ideas and expressing their minds.

Addressing the second World Internet Conference, President Xi Jinping highlighted a number of principles for reforming how the Internet is governed globally, including respect for cyber sovereignty, maintenance of peace and security, promotion of openness and cooperation and cultivation of good order.

The president said the world has a desire to establish a governance system which is multilateral, democratic and transparent.

The speech has received favorable reviews from people at home and abroad, including World Economic Forum founder and executive chairman Klaus Schwab, who said Xi’s remarks on open cyberspace reflected the need for global cooperation.

As globalization and cultural diversification further deepen, the role the Internet plays in boosting human progress will be greater. Meanwhile, concerns including the information gap between nations and the spread of terrorist messages and hacker attacks are growing more severe.

Only by pushing forward the reform of the existing Internet governance can the cyberspace grow to be an arena that will benefit the people instead of troubling them.

Since nations differ in size in cyberspace as in real world, the principle of sovereign equality must be upheld as a prerequisite for governance reforms and cooperation.

In this sense, the right of individual countries to independently choose their own path of cyber development and regulation while participating in international cyberspace governance on an equal footing should be respected, in addition to putting cyberspace under rule of law.

Confronted with pressure from economic downturn and the lingering global financial crisis, a stable and prosperous cyberspace means a lot to all the nations in the world.

Further regulations should be made to prevent it from degenerating into a battlefield or a hotbed for crime.

Indeed, with a vision of jointly building a community of shared future, cyberspace should be better governed so it can benefit more people and serve as an engine and catalyst for innovation and economic development. Enditem

 Editor Xuefei Chen Axelsson

 

China Exclusive: China set for leading role in Industry 4.0: Klaus Schwab

  WUZHEN, Zhejiang, Dec. 17 (Xinhua)– China is going to play a leading role in the new wave of economic activities and technological innovation, World Economic Forum founder and executive chair Klaus Schwab told Xinhua in an exclusive interview during the ongoing Second World Internet Conference (WIC).

“The Internet is already part of culture and we should learn to use it to promote global cultural exchanges,” he said.

As a speaker at the opening ceremony of WIC, Schwab found that he shared many ideas of Internet development with Chinese President Xi Jinping.

“The most important one is that we should keep the Internet open and we have to work together on the global level,” he said, noting it needs the dedication of governments, businesses and individuals to shape the Internet in such a way that everybody has access and that the Internet can really serve as an engine and catalyst for economic development.

In his observation, the Fourth Industrial Revolution featuring technology such as artificial intelligence, robotics, 3D printing and nanotechnology is coming our way at an overwhelming speed.

Schwab said China has already established a foothold in many areas and looks set to continue. However, China must ensure the transition from low-end manufacturing to modern industry is successful to sustain this path.

“The ‘Internet Plus’ and ‘Made in China 2015’ [strategies] show that China is going right toward that direction,” Schwab added.

Schwab pointed out that a big task will be ensuring equal assess to the Internet. The digital divide is a problem both across the world and it must be addressed on a global level.

“China has good preconditions to bridge the digital divide and help other countries enhance information infrastructure,” said Schwab citing China’s huge population with Internet access and the current developments regarding 5G.

To cope with the challenges to governance brought about by the current technological shift, Schwab suggested a more agile approach to government-private-expert cooperation to create the optimal conditions for smart technology and service orientated design, both hallmarks of Industry 4.0, as the Fourth Industrial Revolution is also known.

Looking ahead, Schwab pictures a future where a sensor implanted in our body will help us control objects around us. Industry 4.0 will change the way we work, too, as we will no longer be held back by geographical limitations, the world will be our office.

“We will have richer social lives […] and most importantly a greener environment where we can breathe fresh air every day. It’s not fiction and its not far away,” Schwab said. Enditem

 Editor   Xuefei Chen Axelsson

China, Kyrgyzstan ink deals to cement pragmatic cooperation

   BEIJING, Dec. 16 (Xinhua) — China and Kyrgyzstan on Wednesday signed a number of cooperative documents in finance, culture and energy after talks between the prime ministers of the two countries.

“China is willing to discuss industrial capacity and investment cooperation with Kyrgyzstan,” said Premier Li Keqiang during talks with his Kyrgyz counterpart Temir Sariyev in Beijing.

Sariyev is paying an official visit to China. He just attended the two-day 14th Shanghai Cooperation Organization (SCO) prime ministers’ meeting in the central Chinese city of Zhengzhou.

He said Kyrgyzstan is ready to align its development strategy with China and actively promote cooperation on industrial capacity.

Li voiced the willingness of providing technology and production equipment to Kyrgyzstan, in a bid to help the country speed up its industrialization and independent development.

He urged the two sides to push forward cooperation in infrastructure construction and called for early resumption of the working group meeting on the China-Kyrgyzstan-Uzbekistan Railway project.

He hoped the two sides to advance the construction of big cooperative projects, including the north-south highway in Kyrgyzstan and a highway around the Lake Issyk Kul.

The premier also supported the two countries to speed up construction on cross-border transportation passageway and set up port cooperation mechanism.

In the context of complicated international and regional security situation, Li said China and Kyrgyzstan should strengthen law-enforcement and security cooperation to cope with the threat of terrorism.

As Kyrgyzstan will host the 15th SCO prime ministers’ meeting, Li said China will work with Kyrgyzstan to bolster the organizing matters of the SCO and the pragmatic cooperation among SCO members.

Sariyev welcomed China’s investment in transportation, energy and social infrastructure.

He said Kyrgyzstan is willing to work with China to push forward infrastructure construction cooperation and carry out the China-Kyrgyzstan-Uzbekistan Railway project as soon as possible.

After their talks, the two prime ministers signed a joint communique between their governments.

In the communique, the two sides agreed to promote pragmatic cooperation within the framework of joint construction of the Silk Road Economic Belt.

The two sides decided to enhance financial cooperation and accelerate settlement in local currency.

The two sides will strengthen cooperation on expanding the export of Kyrgyz agricultural products to China and will hold consultation on Chinese market access of Kyrgyz meat products.

In the document, the two countries vowed to enhance information sharing and jointly fight the “Three Evil Forces” of terrorism, separatism, and extremism, including the Eastern Turkistan Islamic Movement (ETIM).

The two countries also agreed to enhance coordination within the framework of United Nations, the SCO and the Conference on Interaction and Confidence-Building Measures in Asia (CICA). Enditem

 

 

China, Thailand step up railway, economic cooperation

BANGKOK, Dec. 20 (Xinhua) — Chinese State Councilor Wang Yong concluded a visit to Thailand on Sunday, during which he co-chaired a bilateral meeting on economic cooperation, and attended the launching ceremony of a China-Thailand railway project.

During his five-day stay in Thailand, Wang met with Thai Prime Minister Prayut Chan-o-cha and presented to him a congratulatory message from Chinese Premier Li Keqiang on the commencement of the China-Thai railway project.

The launch of the railway project, which has been pushed forward by Chinese and Thai leaders, is not only a gift for the 40th anniversary of the establishment of diplomatic relations between the two countries, but also a new landmark for their strategic cooperation, Wang said.

On Thursday, Wang co-chaired the 4th Meeting of the China-Thailand Joint Committee on Trade, Investment and Economic Cooperation with Thai Deputy Prime Minister Somkit Chatusiphithak.

During the meeting, both sides exchanged views on strengthening the alignment of the two countries’ development strategies, and expanding cooperation in the fields of trade, investment, industrial capacity, infrastructure, tourism, finance, information and communication, as well as space technology.

On Saturday afternoon, the Chinese state councilor attended the launching ceremony of the China-Thailand railway cooperation project with Thai Deputy Prime Minister Prajin Jantong in central Thailand’s Ayutthaya province.

The ceremony was held at Chiang Rak Noi Station in Ayutthaya, where the future Operations Control Center of the railway project will be located.

The two countries are collaborating in building Thailand’s first standard-gauge double-track railway line, which uses 1.435-meter standard gauge with trains operating at top speeds of 160-180 kph.

During his visit, Wang also held talks with Thai Deputy Premier Prawit Wongsuwan, attended and addressed the Thai-Chinese Business Forum with Somkit, and inspected the Thai-Chinese Rayong Industrial Zone, which is located in east Thailand’s Rayong province. Enditem

 Editor Xuefei Chen Axelsson

 

China shipbuilding industry’s five-year plan focuses on high-end manufacturing

      BEIJING, Dec. 16 (Xinhua) — China has set the target of significantly strengthening its manufacturing capacity of high-tech ships, oceanic engineering equipment and key supporting equipment by 2020, the Xinhua-run Economic Information Daily reported on Wednesday, quoting the first draft of the shipbuilding industry’s five-year development plan (2016-2020) just completed by the China Association of the National Shipbuilding Industry.

According to the draft, China will edge itself up into world advanced countries in marine engineering equipment manufacturing and become a major supporting equipment manufacturer in the world by 2020.

The “Made in China 2025” technology roadmap also sets the goal that China’s self-made marine engineering equipment and high-tech ships will take an international market share of 35 percent and 40 percent respectively by 2020.

The government’s supportive policy for the shipbuilding industry is likely to benefit the listed companies including China CSSC Holdings (600150.SH) and China International Marine Containers Group (000039.SZ). Enditem

China’s online retail transaction leads the world

   BEIJING, Dec. 16 (Xinhua) — Chinese Academy of Cyberspace released on Tuesday a report titled “Internet Development of China over the Last Two Decades” in Wuzhen, Zhejiang Province, saying that China’s online retail transaction has taken the lead in the world with the number of mobile shoppers totaling 270 million.

According to the report, the market value of Chinese Internet firms increased rapidly and there were about 328 listed companies in the field, including 61 listed in the U.S. market, 209 listed in China’s A-share market, 55 listed in Hong Kong stock market, and their total market value was about 7.85 trillion yuan, equivalent to 25.6 percent of the total of China’s stock market value.

Currently, listed Chinese Internet companies including Alibaba Group (BABA.NYSE), Tencent Inc. (00700.HK), Baidu, Inc. (BIDU.NASDAQ) and JD.com Inc. (JD.NASDAQ) are among the world’s top 10 largest Internet companies, and Huawei Technologies, Ant Financial, Xiaomi Technology which haven’t gone public are among the world’s top 20.

China Business News quoted Wang Yukai, a member of the Advisory Committee for State Information and professor at Chinese Academy of Governance, as saying that the essence of “Internet+” is “Internet 2.0+Innovation 2.0,” and new business patterns and economic growth models will be created by the integration of “Internet+” with any other industry. Enditem

Editor: Xuefei Chen Axelsson

China keeps 6.5-pct growth, no problem: Justin Yifu Lin

   BEIJING, Dec. 14 (Xinhua) — Chinese economy can grow at 6.5 percent a year during the 13th Five-year Plan (2016-2020) period, according to Justin Yifu Lin, of the Peking University’s national school of development and a former World Bank chief economist.

By 2020, China’s GDP per capita could reach 12,615 U.S. dollars, a substantial increase on the current level of 7,800 U.S. dollars, Economic Information Daily quoted Lin as saying Monday.

Lin attributed his forecast to domestic demand rather than exports, noting that consumption and investment will be key to realizing these goals.

In his logic, consumption growth is based on increased revenue, and revenue relies on labor efficiency, which requires technological renovation and industrial upgrading, both of which depend on investment.

China is rich in investment resources given the Chinese government’s debt ratio stands at 56 percent of GDP, much lower than developed countries, whose debt ratio usually well higher than 100 percent, Lin said.

“China’s private savings are as high as 50 percent of national GDP,” said Lin, adding that the country also has foreign exchange reserves of 3.5 trillion U.S. dollars.   Enditem

Editor  Xuefei Chen Axelsson 

 

China targets double exports of equipment in major fields by 2020, report

   BEIJING, Dec. 16 (Xinhua) — China has short-listed 45 countries as targets for its equipment “going out” projects and aims to double exports of equipment in major fields by 2020, the Xinhua-run Economic Information Daily reported on Wednesday.

Meanwhile, major capacity cooperation projects will make significant progresses with several overseas demonstration bases to be established and a batch of internationally competitive enterprises to be fostered, said the report.

According to the report, the National Development and Reform Commission, China’s top economic planner, made surveys on more than 60 countries and finally fixed the 45 countries for production capacity cooperation with China’s surrounding countries as “main axle”, Africa, the Middle East and the Central and Eastern European countries as “west wing” and Latin American countries as “east wing”.

The equipment “going out” projects will be promoted in electric power, railway, iron and steel, nonferrous metals, building materials, chemical, textile, automobile, telecommunications, engineering machinery, aerospace, shipbuilding and marine engineering fields. Enditem

 Editor  Xuefei Chen Axelsson 

Swedish Bandy, Hockey to play in China

By Xuefei Chen Axelsson

STOCKHOLM, Dec. 21(Greenpost)–Swedish Ice Hockey and Bandy players are going to play in China soon, thanks to the efforts of Perka Holmström.

Swedish Ice Hockey Team Hammarby and Nordic Vikings have recently received their jackets and hats sponsored by China’s Tutwo Outdoor Company.

What makes it historical is that it is the first time the players wore a jacket from China with both Chinese and Swedish flags on.

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Photo by Anneli Larsson.

Ice Hockey is one of the most popular sports in Sweden.

Hans Malm, Chairman of the Hammarby Hockey, Perka Holmström, founder of Nordic Vikings Group and Vanessa Folkesson, Executive Director of Nordic Vikings Winter & Outdoor Sports Alliance attended the ceremony of receiving the clothes.  As a tradition, the team members take a photo together every year.

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Photo by Anneli Larsson.

Hans Malm told GreenPost that Hammarby in Stockholm was established in 1897 as a football team, but it became one of the first seven  Ice Hockey teams in 1921. In the 1930-50s,  Hammarby won 8 national Championship gold medals.  In 1996, they won the championship in Nordic League competition. Today they have 275 players including  25  professional and 250 young non-professional players. Among them, there are four Chinese players.

“I’m happy that we have been cooperating with Tutwo for a year. Today the players put on the uniform with Chinese flag. It means a new journey. Although Chinese ice hockey is still weak, we hope to train  excellent players to send to China through cooperation in brands and exchange of players. ” said Malm.

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Perka Holmström                                                Photo by Anneli Larsson.

Perka Holmström has been the brain and active player in promoting China-Sweden cooperation in Ice Hockey. It started in 2005 with the Nordic Vikings journey in Asia League. He began to play to skate, the base of everything at age of four and played both Ice Hockey and Bandy during the youth.  He was also interested in football, tennis, basketball and skiing.  When he was 20 years, an injury changed his career, and he turned into pro in cycling. In 1988, he started the studies in economics at Stockholm University.  That enabled him  the road and interest to combine sports with economics. He thinks that it will be a good opportunity for Swedish Ice hockey to enter the huge Chinese market.  And he tried in 2003 to begin to train Chinese players both from Beijing and Heilongjiang province. In 2005 Nordic Vikings, Harbin and Qiqihaer participated in Asian Ice Hockey Championship with players from both Sweden and China, where the Nordic Vikings still have most of the Chinese record in Asia League. This time the Swedish players will play with Beijing Haotai Ice hockey team which won junior championship in China.

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Photo by Anneli Larsson.

He established Harbin Bandy team in 2015. He also dreams of building a woman bandy team to play  for an Olympic Medal at 2022 Beijing Winter Olympics.

He said the key for Chinese players to win games is to learn how to be a team member and how to coordinate with other players helping each other-he calls that “the secret of playing without the puck or ball”.

He said to select good Ice Hockey and Bandy player, the earlier they start the better and it is better to begin to exercise skating early. However it is first when they are 15 or 18, it is time to decide whether they will be engaged in Ice Hockey or Bandy, or both sports as some of the best players in Sweden has done in the past.  So far they  have had 40 players and they hope to have another ten to choose from this year. He hopes Chinese parents can support children to play both sports on ice and make efforts for both Chinese Bandy and Ice Hockey to go to the outside world.

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Right: Daniel Zhang.  Photo by Anneli Larsson.

Daniel Zhang was born in Sweden in 1999. He will go to China to play in Haotai team in Beijing.

“I’m both Ice Hockey and Bandy player. I am also a player and Captain in Nordic Vikings Team. I study at Stockholm International English school, I have begun to excercise when I was just 8 years old. I will play on behalf of China’s Youth team.  ” said Daniel Zhang.

Zhang Jing, Daniel’s mother told Greenpost.se  that she was not worried about Daniel’s studying.

“In fact, if one can balance studying and play, it can only be more helpful for his studying but not hindering for his studying,” said Zhang Jing.

Holmström called on Chinese parents to raise their children’s interest in Ice Hockey and Bandy and called on enterprises to support Ice Hockey and Bandy so that China can play in the world.

(End)

With that we end this edition of Ice Hockey program, we shall have further following up since Beijing has won right for hosting the 2022 Winter Olympics, we hold that Sweden can play a bigger role, maybe, let’s see. If you have any comment or suggestions, write to us,  info@greenpost.se .

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wechat:  chenxuefei7

Thank you, Goodbye.

Xi expects further progress in China-Russia relations in 2016

HANGZHOU, Dec. 15 (Greenpost) – Chinese President Xi Jinping on Tuesday said that he hoped China-Russia ties would make further progress in the coming year to bring more benefit to the two peoples.

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Medvedev  and Xi Jinping shake hands. Photo by Li Tao/ Xinhua.

Xi made the remarks during a meeting with Russian Prime Minister Dmitry Medvedev in Wuzhen in east China’s Zhejiang Province.

Hailing achievements of bilateral cooperation in 2015, Xi said that he and Russian President Vladimir Putin had agreed to adhere to the policies on deepening China-Russia comprehensive strategic partnership of coordination, no matter how global and regional situation change.

China and Russia are also committed to efforts to promote their common development as well as to safeguard international justice and world peace and stability, according to Xi.

Both countries are facing a key period of economic mode transformation and structural adjustment, Xi said, calling on the sides to work together on the alignment between China’s Silk Road Economic Belt construction and Russia-led Eurasian Economic Union (EEU).

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Russian and Chinese held talks in Wuzhen. Photo by Li Xueren/Xinhua

The two countries should jointly explore new ideas and new measures to expand cooperation in areas such as trade, investment, agriculture, infrastructure construction, people-to-people exchanges and local-level ties, said Xi.

Medvedev said the Russian side is pleased with the high-level development of Russia-China ties, and is happy to see the constant growth of bilateral economic, cultural cooperation.

Russia is dedicated to the strategic docking of the EEU and the Silk Road Economic Belt initiative, he said, vowing to deepen cooperation with China in infrastructure, energy, finance, investment, information networks and other fields.

Russia is also willing to enhance communication and coordination with China on international affairs, strengthen cooperation with China under the frameworks of Shanghai Cooperation Organization (SCO) and Asian Infrastructure Investment Bank (AIIB), said the prime minister.

Xi and Medvedev are in Wuzhen to attend the second World Internet Conference, a multilateral event which begins on Wednesday. Xi will deliver a keynote speech at the opening ceremony.

Earlier on Tuesday, Medvedev attended the 14th SCO prime ministers’ meeting in Zhengzhou, central China’s Henan Province. Enditem

Source Xinhua

Editor Xuefei Chen Axelsson

Sweden faces housing shortage crisis: senior economist Eklund

By Xuefei Chen Axelsson

STOCKHOLM, Dec. 19(Greenpost)–Klas Eklund, Chairman of the Swedish Housing Crisis Committee, SEB bank senior economist has said that Sweden has faced a shortage of houses leading to a shortage crisis.

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“It is definitely a crisis in a sense that there are not enough housing, We have had a great inflow of refugee from middle east, asylum seekers. And a combination of lack of construction and low mobility on real estate market means we have an urgent crisis of houses today,” said Eklund.

He made a presentation again at a seminar held by Swedish Chamber of Commerce in Stockholm recently.  Leading the Swedish Housing Crisis Committee, they published a report about housing situation in Sweden in June 2014. The report had been presented to the government, but it seemed not enough attention or action to be given.

DSC_5295According to his report, Sweden has been building houses and the number of houses have been doubled. However, the demand is increasing drastically due to the rapid influx of refugees.

“We have a lack of housing and that housing prices are pushed up rapidly . Some people even believe there is a crash, I don’t believe in that, but there is numerous kinds of problems. Very high prices in the cities, and a huge influx of immigrants and too low constructions,” said Eklund.

Being asked about what measures can be taken or what kind of suggestions he has made, Eklund said:

“I think a number of things have to be done, we havet to stimulate construction and make it easier by easing up the regulatory process which is common in Swedish municipalities. I also think you have to change the tax system. Now the sales tax is very high and there is so low mobility in the market. Further more when it comes to rental apartment, there is a regulation, ceiling for rents, which means it is not profitable to build rental apartments. Not profitable enough,” said Eklund.

China is famous for building faster. When being asked if Chinese developers can help ease the situation, Eklund said he is happy to see them to come and try.

” I am happy to see them to come and try. I definitely welcome them. There is already a lack of construction workers. I think a lot of politicians and decision-makers would welcome Chinese construction workers. But the problem is the Swedish labor market which has a very high minimium wages and it is very strict. Rent control and building permit. Process from planning to construction takes very long time,” he warned.

DSC_5262Olle Zetterberg, CEO of Stockholm Business Region agrees with Eklund.

 

“I think he is totally right. Housing crisis here in Stockholm and other major cities is the major threat to our otherwise good economy. We have a very good growth rate. The problem is  if we can house so many people. We have so many refugees coming to Sweden, we have to house them. They can’t stay in tents for a long time,” said Zetterberg.

He said  the problem is shortage of housing.

“We have to do a lot of things, financial regulation, tax change. It is not a quick fix, it is a long term issue, ” Zetterberg said.

He held that changes must be done at national and governmental level. People in the parliament and government have to do more to change the tax, change the rules and make it easy to move or to build. The current regulations are so easy to stop people from building.

He also thinks it is not bad if there are Chinese bidders coming to build. He also complained that the workers rules are too strict for companies to hire people.

DSC_5285Hans Lind, professor in economics at Swedish Royal Institute of Technology or KTH said that is definite that there is a shortage of housing in Sweden. The question is whether it should be built by the municipalities or by private developers.

DSC_5271Lennart Weiss from Veidekke, a Norweigian builder said he was very disappointed at the non-action by government.

He agreed with Eklund’s proposal and called on the government, no matter it is the red-green ruling parties or the blue alliance opposition to join hands to solve the housing shortage problem.

“Sweden has a tradition that various parties can make compromise in key issues and find a better solution,” Weiss said.

Swedish population is expected to surpass the ten million record due to the influx of refugees late this year.

DSC_5266About 100 people from various real estate related companies, universities, banks and parties and government attended the seminar.

Photo by Xuefei Chen Axelsson

 

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Feature: Tu Youyou: Artemisinin, gift from traditional Chinese medicine to world

STOCKHOLM, Dec. 7 (Xinhua) — Artemisinin, the most effective drug that combat malaria today is “a gift from Traditional Chinese Medicine (TCM) to the world”, said Tu Youyou, in her presentation at Nobel Lectures in Physiology or Medicine in Stockholm on Monday.

IMG_9403 (1)   In the half-hour-long lecture at Karolinska Institutet in central Stockholm with full participation of a thousand audience, Tu detailed a vivid story in the 1970s of how a group of Chinese researchers despite various challenges successfully developed a cure to treat malaria.

Tu won 2015 Nobel Prize in Physiology or Medicine for her discoveries concerning a novel therapy against Malaria, artemisinin.

Drawn from valuable research experiences in developing artemisinin, Tu believes “Chinese medicine and pharmacology are a great treasure-house”, which “should be explored and raised to a higher level.”

“Since ‘tasting hundred herbs by Shen Nong’, China has accumulated substantial experience in clinical practice, integrated and summarized medical application of most nature resource over the last thousands of years through Chinese medicine,” Tu said.

“Adopting, exploring, developing and advancing these practices would allow us to discover more novel medicines beneficial to the world healthcare,” Tu stressed.

“The sun along the mountain bows; The Yellow River seawards flows; You will enjoy a grander sight; By climbing to a greater height!” Tu quoted a poem from China’s Tang Dynasty in her speech.

“Let’s reach to a greater height to appreciate Chinese culture and find the beauty and treasure in the territory of traditional Chinese medicine!” She said.

DSC_4622   “I enjoyed it very much, it’s fascinating story when she recalled how she went back to TCM and found this method that’s so very important for mankind,” Lars Heikensten of the Nobel Foundation told Xinhua, “it’s truly enjoyable moment.”

Despite Tu presented in Chinese and had her English version in PPT on background screen, Jan Lindsten, emeritus professor and former Secretary-General of Nobel Committee for Physiology or Medicine, understood and enjoyed very well.

“She made a very mature comparison between modern pharmacology and Traditional Chinese Medicine (TCM), which I think is extremely important and well worth to pursue in future to find treasure from TCM in developing new drugs,” Lindsten told Xinhua.

“I am quite sure we will have future medicine comes from nature!” Birgitta Rigler, head of the Rehabilitation Clinic in Dandryd’s Hospital in Stockholm, told Xinhua.

“Chemical industry may be faster in developing new drugs, but perhaps nature-based things are more durable,” she said. Enditem

 

China Focus: New engines to bolster growth in next 5 years

   BEIJING, Dec. 8 (Xinhua) — To ensure a medium-high level of economic growth for the next five years, China has moved to foster new growth engines as old ones lose steam.

China’s exports dropped by 3.7 percent in November, the fifth straight month of decline, to 1.25 trillion yuan (195 million U.S. dollars), customs data showed Tuesday.

In recent years, old growth engines, including exports and investment, lost momentum partly due to weak demand at home and overseas. The country’s quarterly GDP growth slowed to a six-year low of 6.9 percent in the third quarter of this year.

In the next five years, the country’s annual growth rate should be no less than 6.5 percent to realize the goal of doubling the GDP and per capita income of 2010 by 2020.

To attain that goal, the government must cultivate new growth engines to bolster growth in the next five years.

EMERGING INDUSTRIES

As traditional industries including steel, coal and cement sectors are facing excessive capacity, China is moving to tap the potential of new industries with bright prospects.

A proposal for formulating the country’s 13th five-year plan unveiled last month said that China will step up researches on core technology concerning the new generation of telecommunications, new energy, new material and aviation, and support the development of new industries, including energy conservation, biotechnology and information technology sectors.

In Changzhou, a city in eastern China’s Jiangsu Province, there are more than 50 companies producing graphene, a new material that widely used in high-end equipment manufacturing, forming a national level production base for the material. Products made by Changzhou Tanyuan Technology Co. are used in smartphones. The company’s sales have risen from 6 million yuan to more than 200 million yuan in only three years.

Qi Chengyuan, head of the high-tech division of the National Development and Reform Commission (NDRC), said China will turn new strategic industries into major driving forces for economic growth in the next five years.

The country should form five new pillar industries that each have a potential of becoming a 10 trillion yuan industry, including information technology, bioindustry, green industry, high-end equipment and material, as well as the creative industry, Qi said.

ENTREPRENEURSHIP AND INNOVATION

New impetus must also come from the government’s emphasis on mass entrepreneurship and innovation.

In the first three quarters, China’s newly registered companies rose 19.3 percent to 3.16 million, as the country pushed for easier registration to promote innovation.

Innovation is the most important impetus for China’s growth, according to the proposal for formulating the 13th five-year plan.

A good example is the strong growth in Shenzhen, a national demonstration zone for independent innovation. In the first 10 months, the proportion of R&D investment in Shenzhen’s regional GDP was more than 4 percent, nearly doubles the national average.

The city’s economic growth stood at 8.7 percent in the first three quarters, higher than the country’s growth of 6.9 percent in the same period.

imagesThe Shenzhen-based Huawei Technologies Co., Ltd. has set up 16 overseas R&D institutions and owns a total of 76,687 patents, said its CEO Ren Zhengfei.

The company realized a sales volume of 288 billion yuan last year. Ren forecast that the company will more than double that sales figure by 2019 on the back of constant innovation.

Song Weiguo, researcher with the Chinese Academy of Science and Technology for Development, said that technological innovation will provide greater impetus for growth in the next five years.

REFORMS ON SUPPLY SIDE

Structural reforms on the supply side will lend more steam to sustainable growth, President Xi Jinping said last month at a meeting of the Central Leading Group for Financial and Economic Affairs.

Xu Lin, head of the NDRC’s planning division, said reforms on the supply side, which means sustainable growth instead of short-term demand management, is necessary for cultivating new growth impetus.

An important aspect of supply side reforms is government efforts to streamlining administrative approvals and delegating power to lower levels.

From early 2013 to the end of September 2015, the central government has canceled or delegated 586 kinds of administrative approval.

In the economic and technological development zone of Nanning, Guangxi Zhuang Autonomous Region, the bureau in charge of administrative approvals cut the red tape and reduced the time needed for getting an approval from more than 300 days to 20 days.

On the supply side, China should maintain structural tax reductions to boost the service and advanced manufacturing sectors and support small enterprises, and push forward entrepreneurship and innovation, Premier Li Keqiang said earlier this month.

China will keep cutting red tape to foster emerging industries and speed up the overhaul in traditional industries to improve efficiency, Li said.

With new impetus from China’s reform pushes, the country will be able to realize an average annual growth of 6.5 percent in the next five years, said Yu Bin, researcher with the Development Research Center of the State Council. Enditem

 

 

China Focus: China’s local gov’ts eye “Belt and Road” construction in 2016-2020

BEIJING, Dec. 11 (Xinhua) — Nearly 20 provincial governments in China have rolled out their local development plans for the 13th Five Year Plan period from 2016 to 2020, with their focus on the “Belt and Road” construction, the Shanghai Securities News reported on Friday.

Under their development plans, they attach great importance to infrastructure construction in transportation industry and construction of industrial parks.

 

— Focus on transport infrastructure

Chinese local governments will give priority to transport infrastructure when promoting the “Belt and Road” initiative.

For example, Shaanxi province will be guide by construction of a logistics center to build a seamless transport network in 2016-2020. Guangxi Zhuang Autonomous Region also said in its proposal to the 13th Five Year plan that it will build a convenient and efficient railway network, expressway network, water transport network, airline network and information network with the Association of Southeast Asian Nations (ASEAN) and neighboring provinces.

It is worth noting that in the land transportation field, the China-Europe express railway will play an increasingly important role in “going global” of Chinese goods.

As a core area of the 21st Century Maritime Silk Road, Fujian province plans to build important airline hubs for Southeast Asia and advance construction of a regional port-shipping system and communication network facilities, to smoothly connect the land channel of the Silk Road Economic Belt and form a passage to sea for central and western China’s opening-up.

Jilin province in its 13th Five Year plan noted that it will actively explore the Arctic Ocean ship routes linking the Europe and the U.S.A., steadily operate international rail and water transportation lines linking Japan and South Korea, and further expand its outward transport lines.

Meanwhile, Tianjin will make full use of its unique geographic location advantages to vigorously promote port and maritime strategic cooperation. It will develop cross-border logistics through three land ports, like the Khorgos Port and develop maritime transport through intensive ship routes and shipping flights.

Zhejiang province announced to promote construction of a marine economic development demonstration zone and Zhoushan Islands New Area, and build a port economic circle covering the Yangtze River Delta, influencing the Yangtze River economic belt and serving the “Belt and Road” initiative.

In addition, Gansu province decided to invest more than 800 billion yuan from this year to build more than 70,000 km of roads and railways in six years.

 

— Efforts in industrial park construction

Industrial park construction is also a focus in the 13th Five Year plans of the provinces.

Xinjiang Uygur Autonomous Region said that it will accelerate construction of core areas in the Silk Road Economic Belt, develop high-level open economy, and quicken the pace to build the Kashgar and Khorgos economic development zones and comprehensive bonded zones.

Because of the “Belt and Road” initiative, ALaShankou has invested a lot in infrastructure, promoting rapid development of its comprehensive bonded zone, said Pan Zeming, deputy director of the ALaShankou Comprehensive Bonded Zone.

In its 13th Five Year plan, Fujian province made it clear to promote construction of important commodity export bases, commodity markets and commerce and trade parks and explore mutual establishment of industrial parks with Southeast Asian countries.

Chongqing municipality pointed out that it will actively participate in construction of overseas industrial agglomerations and economic and trade cooperation zones.

Shaanxi province said it will encourage and support competent enterprises to go abroad for transnational operation and strategic acquisitions and build Shaanxi industrial parks overseas especially in Central Asia and Africa. Meanwhile, it will also build economic cooperation zones and high-tech industrial parks to attract investments of the transnational companies and globally leading enterprises and persuade them to build regional headquarters and branches in Shaanxi.

“Industrial park is an important method for “going global” of Chinese enterprises. It is a new form for Chinese enterprises to build “Belt and Road” and also a way to change simple cargo transportation”, said Hu Zheng, chief representative of the Central Asia Representative Office of the China Merchants Group.

Since the beginning of the year, China has quickened its pace of building industrial parks along the “Belt and Road” countries.

Data of the Ministry of Commerce shows that so far, China has already built 118 economic and trade cooperation zones in 50 countries, of which 77 zones are located in 23 countries along the “Belt and Road”. Enditem

 

 

 

Xinhua Insight: China to start reform focused on quality of life

 BEIJING, Dec. 11 (Xinhua) — With China’s 13th Five-year Plan beginning next year, the focus of reform will start with addressing the quality of ordinary people’s lives.

At the latest meeting of the central leading group for comprehensively deepening reform on Wednesday, the leadership decided to implement the five development ideas put forward at the plenary session of the Communist Party of China (CPC) Central Committee in late October: innovation, coordination, sharing, environmental protection and openness.

At the beginning of the 13th Five-year Plan, efforts need to be “focused on building a moderately prosperous society,” said a statement issued after Wednesday’s meeting.

The group approved several reform measures, one of which is that unregistered citizens are to be given household registration permits known as “hukou,” a crucial document entitling them to social welfare.

China has around 13 million unregistered people, one percent of the entire population. They include orphans and second children born illegally during the period of strict enforcement of the one-child policy, the homeless and those who have yet to apply for one or who have simply lost theirs. Those parents who violated family planning policy often refrained from getting hukou for their children to avoid fines.0   “It is a basic legal right for Chinese citizens to register for hukou. It is also a premise for participation in social affairs, to enjoy rights and fulfill duties,” the statement said.

Wan Haiyuan with an institute of macro-economics of the National Development and Reform Commission said the difficulty lies not in hukou itself, but in related matters such as healthcare, health insurance and education.

In China, various social benefits such as medical insurance and access to basic education are based on this permit and are supposed to be in line with long-term places of work and residence.

Many people without household registration have moved to cities and become tramps. According to Wan, their birth certificates might have been lost and authorities must address this issue. Those who have come to China to seek asylum should also be taken into consideration, as they are permanent residents, despite their lack of Chinese nationality.

Education is also central to plans for the next five years, said Zhang Li, director of the Ministry of Education’s development center. The reform meeting statement declared that education should advance innovation-driven development and serve the objectives of the Belt and Road Initiative.

Zhang added the statement showed that opening up in education should take the concepts and experience of developed countries as reference.

The meeting decided to integrate basic medical insurance for urban employees and the new rural cooperative medical scheme, creating a unified basic health insurance system.

Currently China has three separate medical insurance schemes — basic medical insurance for urban employees; the new rural cooperative medical scheme; and basic medical insurance for city dwellers not covered by the first two schemes, mainly the young or unemployed.

The three schemes have been perceived as unequal for a long time, as the benefits in urban areas are much greater than those in rural parts of the country.

“Even members in one family may have different health insurance,” said Meng Qingyue, a professor in health economics with the Peking University. “The integration of different medical insurance schemes is a must for achieving equal access to basic health care for every one.”

Another measure is the reform of government’s “power list.” Since the 18th National Congress of the CPC in late 2012, administrative powers have been streamlined and delegated, with hundreds of items abandoned.

Ma Qingyu of the Chinese Academy of Governance said the power and responsibility list system can clarify responsibilities of different departments and prevent them from shirking their responsibilities or taking responsibilities that are not rightfully theirs.

“It will make the border between public powers and private rights more clear,” said Ma. Enditem