Category Archives: World News

Balancing reforms, growth remains China’s priority: World Bank

Balancing reforms, growth remains China’s priority: World Bank

 

BEIJING, July 1 (Xinhua) — China’s growth slowdown is not unexpected. In fact, it is desirable in the short and medium-term perspective, as the country prioritizes balancing reforms and managing short-term demand, the World Bank said on Wednesday.

In the short term, China’s economic moderation reflects policies to slow rapid credit growth, contain shadow banking, limit borrowing by local governments and reduce excess capacity in industry, which address the vulnerabilities that built up after the 2008 global financial crisis, the World Bank said in its latest China Economic Update released in Beijing.

“Over the medium term, lower growth is consistent with a gradual shift in China’s growth model, from manufacturing to services, from investment to consumption, and from exports to domestic spending,” it said.

Balancing reforms and short-term demand management remains a priority in 2015 as large-scale and broad-based measures aimed at supporting short-term growth may conflict with efforts to increase the sustainability of medium-term growth.

“Engineering a gradual shift to a more sustainable growth path poses challenges for policy makers, given real-sector weaknesses and financial-system vulnerabilities,” noted the report.

Efforts to cut excess capacity in heavy industry, dampen unproductive risk taking in shadow banking, and solidify budget constraints on local governments will help make investment more efficient and realign growth over the medium term. However, such reforms will depress economic activity in the short term, it added.

The World Bank predicted China’s economy would expand 7.1 percent in 2015 and 7 percent in 2016.

China’s economy grew 7.4 percent in 2014, the slowest rate for 24 years, albeit with more focus on higher-quality and innovation-driven growth. Enditem

 

China’s top legislature ratifies BRICS bank agreement

 

China’s top legislature ratifies BRICS bank agreement

BEIJING, July 1 (Xinhua) — China’s top legislature ratified an agreement on the founding of BRICS New Development Bank (NDB), which will fund infrastructure projects in the bloc and other developing economies, on Wednesday.

The approval was given at the bimonthly-session of the National People’s Congress Standing Committee, which runs until July 1.

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

It will enter into force only when all BRICS countries have submitted documents of acceptance, ratification or approval.

The Shanghai-based 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 the founding members.

It will have a three-tier governance structure — a board of governors, a board of directors, a president and vice presidents.

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 by India.

They also agreed to set up a NDB African regional center in South Africa.

The board of governors is expected to hold the first meeting on July 7 in Russia to appoint members of the board of directors and the management led by the president, according to the Ministry of Finance.

Rules regarding procedures will be made and the bank’s five-year development strategy discussed at the meeting.

The inaugural management team will take their posts in Shanghai in middle July, according to the ministry.

The NDB is expected to launch late this year or early next year.

The bank’s establishment will be an important achievement for financial cooperation among BRICS members, said Finance Minister Lou Jiwei.

It will promote infrastructure construction and sustainable development of the emerging and developing economies, he said.

The bank also helps promote reform of global economic governance, he said.

Once the agreement is approve by the NPC Standing Committee, the Chinese government will provide 10 billion U.S. dollars on time as prescribed, Shi said while elaborating on the deal at the NPC Standing Committee session on June 24.

For the time being, the agreement will not apply to Hong Kong Special Administrative Region, according to the top legislature’s decision. Enditem

China Construction Bank opens 4 branches in Europe on Tuesday.

China Construction Bank opens 4 branches in Europe on Tuesday.

BEIJING, July 1 (Xinhua) — China Construction Bank (CCB) opened four branches in Europe on the day, bringing the total number of its European operating institutions to 10, Wang Hongzhang, chairman of CCB, announced on Tuesday local time in Paris.

The four branches are located in Paris, capital city of France, Amsterdam, capital city of the Netherlands, Barcelona in Spain and Milan in Italy respectively.

The four new branch banks will focus on corporate business at first, catering to large and medium-sized Chinese companies which seek to expand presence in Europe and large local firms, according to Wang.

Statistics from the CCB show that the bank’s market value stood at 207.9 bln US dollars by the end of 2014, ranking the fourth in listed banks in the world. enditem

Repo rate cut to −0.35 per cent and purchases of government bonds extended by SEK 45 billion

Repo rate cut to −0.35 per cent and purchases of government bonds extended by SEK 45 billion

By Xuefei Chen Axelsson

Stockholm, July 3 (Greenpost)– Swedish Riksbanken has decided to cut repo rate to minus 0.35 percent.

“Inflation is rising and economic activity in Sweden is continuing to strengthen. But uncertainty abroad has increased and it is difficult to assess the consequences of the situation in Greece. Since the repo-rate decision in April, the krona has also become stronger than the Riksbank had forecast and the development of the exchange rate remains a risk to the upturn in inflation. In this uncertain environment, monetary policy needs to be even more expansionary to ensure that inflation continues to rise towards the target of 2 per cent,” explained the central bank in a statement on July 2.

Gruppbild på Riksbankens direktionsmedlemmar 2015
Gruppbild på Riksbankens direktionsmedlemmar 2015

The Executive Board of the Riksbank has therefore decided to cut the repo rate by 0.10 percentage points to -0.35 percent and to extend the purchases of government bonds by a further SEK 45 billion with effect from September and until the end of the year.

It is expected that Swedish GDP growth rate will be 2.9 percent in 2015 and 3.6 percent in 2016.

The following is the Q&A with Governor Stefan Ingves:

Governor Stefan Ingves, what does the decision on a negative repo rate entail?

Governor Stefan Ingves. Photo: Karlberg Media ABGovernor Stefan Ingves explains here what the decision to cut the repo rate to -0.25 per cent means for households and banks in practice.

Why do we have a negative repo rate when things seem to be going fairly well for Sweden?

“GDP growth is fairly good and the labour market is strengthening gradually, but inflation is too low in relation to the Riksbank’s target for inflation. In recent months, inflation has begun to rise and the repo rate needs to be this low so we can be sure that inflation will continue to rise and attain the target. It is important that this happens as the inflation is the keystone for stable economic development in Sweden. The target functions as a benchmark for expectations in the economy and thereby lays the foundation for efficient price-setting and wage formation. Many people assume that inflation will be around 2 per cent. They should be able to rely on this being the case.”

What does a negative repo rate mean for a normal household

“The Riksbank’s repo rate is negative. But this does not necessarily mean that the lending rates charged to households and companies will be negative. These interest rates are usually higher than the repo rate. But one might expect that interest rates will be unusually low in the coming years.”

Does it mean that the banks will now expect their customers to pay to make bank deposits?
“Our repo rate has been cut to just below zero. Normally, this would lead to somewhat lower interest rates for households and companies, which would in turn increase consumption and investment. It is too early to say whether this will lead to the banks beginning to charge their customers when they deposit money and it is something the banks must decide for themselves.”

What is the message to all small-scale depositors who are worried that their money will be eaten up by interest payments?

“We are in an unusual situation. The economy is performing fairly well, but inflation is too low and the international situation is uncertain. A repo rate just below zero gives a further boost to household consumption and company investment. Together with the repo-rate cuts we have made earlier, this gives higher inflation in the long run and higher interest rates, which will also benefit all savers. It will take us back to a more normal situation in the Swedish economy and this will be good for us all.”

What does the negative interest rate entail for the banks?

“When the repo rate is negative, the banks have to pay when they need to deposit money with the Riksbank. The banks can either invest money for a whole week by buying Riksbank Certificates or overnight through so-called fine-tuning transactions. When they buy Riksbank Certificates, the banks have to pay the repo rate, that is, -0.25 per cent. For overnight deposits, the banks pay a fine-tuning interest rate that is the repo rate minus 0.10 per cent, that is, -0.35 per cent.”

Here are some of the most important milestones in Volvo Cars’ child safety history

Here are some of the most important milestones in Volvo Cars’ child safety history

Stockholm, July 1 (Greenpost)–Volvo Cars is the inventer of seat belt in cars which is a tool that saved millions of lives around the world. The following are some more important milestones in Volvo Cars’ child safety history.

1964 First child seat prototype

Inspired by how astronauts travel rearwards, Bertil Aldman, medical doctor and subsequently Professor in Traffic Safety at Chalmers University of Technology, developed the very first child seat prototype. Volvo was closely involved in the development and testing was carried out in a PV544.

 

1967 Reversible front passenger seat with special child backrest

The first child seat to be sold to customers was created by turning the front passenger seat around. Adding a padded backrest with straps made sure that the rearward-facing child was kept in place. The solution was sold as an accessory for the recently introduced Volvo Amazon.

 

 

1972 Volvo’s first rearward-facing child seat

Rearward-facing child seats are designed to support the neck and help spread the force of a frontal impact over a larger area. Frontal impacts are the most frequent and usually the most severe impact situation.

 

1976 The booster cushion – a world first from Volvo

Children from three to four years and up travel facing forwards using the standard safety belt with a beltpositioning booster cushion. Volvo Cars’ policy is that children should use a booster cushion until they are 140 centimetres tall and ten years old. When using a booster cushion, the child runs an approximately 75 per cent lower risk of being injured compared to being unrestrained.

 

1990 World’s first integrated booster cushion

The first integrated booster cushion was an ingenious fold down and out version in the rear centre position in the Volvo 960. Double integrated pop-up booster cushions in the outer rear seats were introduced in the Volvo S40 in 1995.

 

1999 World’s first rearward-facing seat for ISOFIX

The world-first solution for the standardised, car-integrated ISOFIX fittings was actually two rearward-facing seats in one. Both seats – one for infants and one for toddlers up to four years of age – could be fitted in the same ISOFIX frame.

 

2007 World’s first two-stage integrated booster cushion

Two-stage integrated booster cushions were introduced in the Volvo V70 estate. The two-stage version, with two sitting heights, enables a better belt fit regardless of the child’s size. Child adapted safety belt load limiters were also fitted.

 

2014 Inflatable Child Seat Concept

The innovation, which is still in the development stage, is easy to install and can be tucked away in a small bag when not in use. This means that the child seat can be easily transferred between cars and the bag even fits in carry-on luggage when flying or travelling.

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 XC90 Excellence offers customers distinct experience

Volvo XC90 Excellence offers customers distinct experience

Stockholm, July 1, (Greenpost)–Volvo Cars has unveiled the most luxurious vehicle at the Shanghai International Automobile Show – an elegant and refined four-seat version of its recently launched XC90.

The XC90 Excellence has been crafted by Volvo’s designers and engineers to offer customers a distinct and individual automotive experience that incorporates the latest Scandinavian innovations in design, refinement, comfort and style.

The XC90 Excellence is based on Volvo’s all new XC90 sports utility vehicle, but the similarity ends there. The XC90 Excellence has just four seats compared to the original’s seven, creating an enormous amount of additional space for rear seat passengers that helps to deliver an exceptional customer experience.

This space is utilised to offer a First Class automotive experience that begins with broad, spacious individual reclining rear seats complete with massage, ventilation and increased leg room, as well as a retractable control touchscreen, folding tables, a refrigerator with bottle and glass holders, a heating/cooling cup holder and handmade crystal glasses from leading Swedish glass design company, Orrefors.

“This is our new flagship car,” said Thomas Ingenlath, Senior Vice President, Design. “We have created the ultimate luxury experience of Scandinavian design. Volvo has never launched a car like this before. This is the car that demonstrates what the name Volvo now means.”

The XC90 Excellence offers its passengers footrests, ambient lighting, illuminated storage and unique leather detailing in blond or charcoal, a luggage compartment dividing screen, additional sound insulation in the cabin and Pirelli Noise Cancelling System tyres (PNCS).

XC90 Excellence passengers will also enjoy a specially-augmented Bowers & Wilkins audio system that adds an extra speaker to its 19 speaker system, resulting in unrivalled high fidelity sound reproduction and surround effect in the rear seats.

“What we have designed is amongst the best rear seat experiences available in a luxury car,” said Mr Ingenlath. “The result is a superlative environment for relaxed comfort or doing business.”

Reinforcing the Swedish love of fresh air, the XC90 Excellence also comes with an integrated ionic air cleaner in the CleanZone climate system. The ionic air cleaner works by positively charging electrons in airborne particles (dust or smoke for example) so they are removed from suspension in the cabin environment.

The XC90 Excellence also offers a leather instrument panel with contrasting thread, while the headliner of the cabin is colour coordinated pure Nubuck textile. Exterior styling differentiators including an Excellence rank mark, chrome B- and C-pillar cappings and lower door mouldings.

Volvo’s all new XC90, launched in August 2014, is proving to be extremely popular with customers seeking a luxury SUV. Over 24,000 have been ordered before it has even reached Volvo showrooms. This accounts for approximately half of Volvo’s expected volume for the car in 2015.

The XC90 Excellence incorporates all the features that underpin the XC90’s ongoing success, such as world leading safety features, new powertrain technologies and an unrivalled combination of power and fuel efficiency.

The XC90 Excellence will be available globally later this year and via digital commerce in selected markets.

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).

 

 

Safety for the pregnant driver and her unborn child

Safety for the pregnant driver and her unborn child

Gothenburg, June 30(Greenpost) –If a pregnant woman uses her safety belt correctly, the foetal injury risk is reduced significantly. This knowledge stems from Volvo Cars’ research on car safety for unborn babies and their mothers. Volvo Cars has developed a virtual crash test dummy to simulate frontal impacts during pregnancy.

Car safety for unborn children is an area that is not well documented, since foetal injury and death often do not show in statistics. For the baby to remain unharmed in a car crash it is important with safety measures for the pregnant woman. The first thing to do is to always wear a safety belt, said Lotta Jacobsson, Volvo Cars’ child safety specialist while presenting the information to a group of journalists from China, Sweden, Germany and other countries.

Virtual pregnant crash test dummy

Volvo Cars contributes to an increased awareness of safety for pregnant drivers and knowledge of how to protect their unborn babies. One innovation in this field is a virtual pregnant crash test dummy. The model can be used to simulate how a pregnant woman moves in a crash and how the foetus moves inside her. Her proportions correspond to those of an average sized woman in the final stage of pregnancy, approximately week 36.

The virtual crash test dummy is used to simulate impact tests in frontal collisions.

“The computer model makes it possible to study in detail how the occupant moves and how the safety belt and airbag affect the woman and the foetus, including surrounding structures, “says Lotta Jakobsson, Child Safety Specialist at Volvo Cars.

This means that the engineers can simulate the impact on mother and unborn baby in collisions at different speeds, and use the model to test for example safety belt designs under development.

Pregnant women should always wear a safety belt

It is always better to wear a safety belt than not to, and pregnant women like everyone else should make sure to always buckle up correctly. Do like this:

–   Remove bulky clothes so that the safety belt can be placed as close to the body as possible.

–    Pull the lap belt over the thighs, lying flat under the belly.

–    Make sure the torso belt is positioned between the breasts.

–    Pull tight.

The positioning of the safety belt is important so that the occupant is restrained over the body’s stronger areas – like the upper torso and pelvis – thus protecting the weaker parts of the body, such as the soft abdomen containing the fragile foetus. Studies on the virtual pregnant crash test dummy show that the driver airbag offers protection for both the mother and the foetus.

Common injuries for unborn babies and their mothers

Injuries unique to pregnant occupants involved in crashes include placental abruption, uterine rupture or laceration and direct foetal injury. The most common type of injury is a separated placenta. The placenta then becomes partially or completely detached, meaning that the baby can not get enough oxygen and nutrients, which can be fatal for the baby.

“Our research shows that the best protection for pregnant women and their unborn babies is for the mother to wear her three-point safety belt, and to wear it properly. This reduces the foetal injury risk significantly”, says Lotta Jakobsson.

How to fasten the safety belt when you are pregnant

  • First adjust the seat so you can reach the pedals comfortably with as much distance between your belly and the steering wheel as possible.
  • Pull the lap belt over your thighs, buckle it in and pull tight. Make sure the lap belt does not run across the belly, but lies as flat as possible under the curve.
  • Position the torso belt across your chest, between the breasts to the side of the belly and pull tight.
  • Never tuck the shoulder belt under your arm or behind your back – that can hurt both you and the baby.

The virtual pregnant crash test dummy

–    The finite element model known as the virtual pregnant crash test dummy was developed by Volvo Cars, the first of its kind.

–    The model contains layer upon layer with detailed information about the uterus, placenta, amniotic fluid and foetus in approximately the 36th week of pregnancy.

–    The dummy can be positioned in any car model and simulate collisions at different speeds.

–    This has brought Volvo Cars to the important conclusion that pregnant women must always wear the safety belt and make sure to wear it correctly.

–    Volvo Cars has also concluded that pregnant women are better protected in frontal impacts with an airbag in the steering wheel than without.

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).

 

 

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 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

 

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

 

Artifical neuron mimicks function of human cells

Artifical neuron mimicks function of human cells

Stockholm, June 25(Greenpost)–Scientists at Sweden’s Karolinska Institutet have managed to build a fully functional neuron by using organic bioelectronics. This artificial neuron contain no ‘living’ parts, but is capable of mimicking the function of a human nerve cell and communicate in the same way as our own neurons do.

Neurons are isolated from each other and communicate with the help of chemical signals, commonly called neurotransmitters or signal substances. Inside a neuron, these chemical signals are converted to an electrical action potential, which travels along the axon of  the neuron until it reaches the end. Here at the synapse, the electrical signal is converted to the release of chemical signals, which via diffusion can relay the signal to the next nerve cell.

To date, the primary technique for neuronal stimulation in human cells is based on electrical stimulation. However, scientists at theSwedish Medical Nanoscience Centre (SMNC) at Karolinska Institutet in collaboration with collegues at Linköping University, have now created an organic bioelectronic device that is capable of receiving chemical signals, which it can then relay to human cells.

“Our artificial neuron is made of conductive polymers and it functions like a human neuron”, says lead investigator Agneta Richter-Dahlfors, professor of cellular microbiology.  “The sensing component of the artificial neuron senses a change in chemical signals in one dish, and translates this into an electrical signal. This electrical signal is next translated into the release of the neurotransmitter acetylcholine in a second dish, whose effect on living human cells can be monitored.“

The research team hope that their innovation, presented in the journal Biosensors & Bioelectronics, will improve treatments for neurologial disorders which currently rely on traditional electrical stimulation. The new technique makes it possible to stimulate neurons based on specific chemical signals received from different parts of the body. In the future, this may help physicians to bypass damaged nerve cells and restore neural function.

“Next, we would like to miniaturize this device to enable implantation into the human body”, says Agneta Richer-Dahlfors. “We foresee that in the future, by adding the concept of wireless communication, the biosensor could be placed in one part of the body, and trigger release of neurotransmitters at distant locations. Using such auto-regulated sensing and delivery, or possibly a remote control, new and exciting opportunities for future research and treatment of neurological disorders can be envisaged.”

This study was made possible by funding from Carl Bennet AB, VINNOVA, Karolinska Institutet, the Swedish Research Council, Swedish Brain Power, Knut and Alice Wallenberg Foundation, the Royal Swedish Academy of Sciences, and Önnesjö Foundation.

Jiangxi’s Vice Governor Zhu Hong attends tourism promotion fair in Stockholm

By Xuefei Chen Axelsson

STOCKHOLM, June 25(Greenpost)–Vice Governor Zhu Hong of Jiangxi Provice, East China has attended the tourism promotion fair in Brommavik Hotel in Stockholm.

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(Front left, Mr Liu Shaohui, manager of Brommavik Hotel and President of Stockholm Chinese Association, right, Magnus Gustafsson from Karmmar, behind standing: Zhu Hong, Vice governor of Jiangxi Province)

He spoke at the meeting about Jiangxi’s beautiful scenery.

“Jiangxi’s scenery is very special because it has many special mountains and rivers. The landscape is really spectacular.” said Zhu Hong.

The famous revolutionary site Jinggangshan mountain is one of them. The Lushan Mountain is also a famous conference resort. Chairman Mao used to have meeting there.

The Tengwang Pavillion is another famous tourist site even famous since Tang Dynasty when famous poet Wang Bo wrote his famous prose  the Preface of Tengwang Pavillion.

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(Right, Wang Jianrong exhibits Dala Horse to Zhu Hong, middle.)

Wang Jianrong, President of Swedish Chinese Federation of Industry and Commerce expressed welcome to Zhu Hong.

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(Left: Guo Yanhang talks with Zhu Hong.    Photo by Xuefei Chen Axelsson)

Guo Yanhang, couselor at the Chinese Embassy in Sweden also spoke at the fair.

“I think talking about Jiangxi, man cannot help thinking of Jingdezhen town where famous China came from. Jiangxi is China’s name card due to its fine china. I used to visit Jiangxi and it was really beautiful and impressed me so much.” Guo said.

IMG_7767

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IMG_7709During the meeting, the two sides signed a couple of agreements for future cooperation.

About 40 people from various Chinese associations or companies including China-Europe Cultural Association and Green Post attended the meeting.

WSSCC supports hygiene, health and well-being in China

Stockholm, June 25(Greenpost)– WSSCC, a UN organization for water and sanitation has stretched its hand to help Chinese women to pay attention to hygiene and health during their menstrual period.From left to right: Archana Patkar, WSSCC Programme Manager for Networking and Knowledge Management; Ulf Söderström, President SCA Asia Pacific; Kersti Strandqvist, Senior Vice President Sustainability, SCA; and Cynthia Yu, Marketing Associate Director, Vinda International. Photo credit: Ana Caroline de Lima

Some 76% of Chinese women are uncomfortable in a social setting — a dinner with friends or family, for example – while having their period, participants learned today at a special seminar hosted by the global hygiene company SCA and its affiliate Vinda International together with WSSCC.

The seminar, “Hygiene Matters 2014” focused on the findings of a recent survey of the same name and assembled 30 people, including representatives of elderly welfare associations in seven Chinese cities, to the SCA Pavilion in Sanya. The pavilion is hosting a range of events during the two-week stopover of the Volvo Ocean Race in this southern coastal city.

Archana Patkar, WSSCC Programme Manager for Networking and Knowledge Management, discussed the links between hygiene, aging and disability at the Hygiene Matters Workshop in the SCA Pavilion. Photo credit: Ana Caroline de Lima

WSSCC’s Archana Patkar, Programme Manager for Networking and Knowledge Management, was one of three keynote speakers at the event. She joined Ulf Söderström, President SCA Asia Pacific; Kersti Strandqvist, Senior Vice President Sustainability, SCA; and Cynthia Yu, Marketing Associate Director, Vinda International.

Ms. Patkar discussed the links between hygiene, aging and disability. She noted that for men, and particularly for women, there are distinct hygiene-related needs that coincide with the human lifecycle, from birth to old age and including periods of disability, both physical or mental, that most people eventually encounter.

“We must unlock dignity for all people in all the stages of their lives,” said Ms. Patkar. “For women and for men, this means not being afraid to talk about issues linked to childbirth, puberty, menstruation, menopause and old age, including incontinence.” Do public facilities, for example, consider lifecycle differences, she asked, such as lower wash basins which can be reached by wheelchair-bound people?

Kersti Strandqvist, Senior Vice President for Sustainability at SCA, presented results emanating from the 13-country Hygiene Matters Consumer Survey conducted in 2014. Photo credit: Ana Caroline de Lima

Ms. Strandkvist and Mr. Söderström gave global and Chinese results emanating from the 13-country Hygiene Matters Consumer Survey 2014. The survey is designed to glean insights which can be used to raise awareness among decision makers, experts and the general public on hygiene and health, as well as improve the quality of the company’s products, 80% of whom are women.

Ulf Söderström, President of SCA Asia Pacific, revealed that personal hygiene, according to one of many survey responses, was the greatest worry of growing old in China. Photo credit: Ana Caroline de Lima

In China, personal hygiene, according to one of many survey responses, was the greatest worry of growing old – with issues such as elderly incontinence ranking higher than sickness, Mr. Söderström said.

“Compared to other surveyed countries, Chinese people are quite worried of becoming ill due to poor hygiene – more than half of the respondents worry often or always. In China, SCA and Vinda aim to strengthen the possibility of improved hygiene for people everywhere by providing innovative solutions to the market that improve the quality of life for millions of people; from developing professional nursing services to championing elderly education and providing assisted living expertise,” said Mr. Söderström during the presentation of the local survey results.

There are also economic impacts, Ms. Strandkvist revealed. As people live and work longer, untreated incontinence reduces quality of life and causes enormous costs to society by reducing working people’s productivity an average of 12.6 days per year. In addition to this, caregiving relatives lose in average 3.7 hours work per week while attending to their relative. In just Shanghai, Beijing and Guangdong, this value loss is estimated at USD 1.7 billion in 2014.

Whether the issue is incontinence or menstrual hygiene, Ms. Yu said the aim for SCA and Vinda International is to “raise awareness about the connection between hygiene, health and well-being, and to strengthen the possibility of improved hygiene for people everywhere.”

Cynthia Yu, Marketing Associate Director at Vinda International, underlined the organisation's aim to raise awareness about the connection between hygiene, health and well-being, and to strengthen the possibility of improved hygiene for people everywhere. Photo credit: Ana Caroline de Lima

Since November 2014, SCA, a leading global hygiene and forest products company, and WSSCC have teamed up in an innovative public-private partnership to break the silence around menstruation for women and girls around the world. In connection with the all-female Team SCA’s participation in the around-the-world Volvo Ocean Race, WSSCC and SCA (a member of the UN Global Compact) are campaigning for greater attention to the issue, as well as hosting educational and training events designed to leave practical skills in the stopover sites.

On Wednesday and Thursday of this week, WSSCC, SCA, Vinda International and the Office of Women and Children Affairs of Hainan Provincial Government will conduct a menstrual hygiene teacher training, as well as an educational workshop with school girls in the capital city of Haikou. Photo credit: Ana Caroline de Lima

On Wednesday and Thursday of this week, the two partners together with Vinda International and the Office of Women and Children Affairs of Hainan Provincial Government will conduct menstrual hygiene teacher training, as well as an educational workshop with school girls in the capital city of Haikou. Similar activities took place last November with The Volunteer Centre, a local NGO, in Cape Town, South Africa, for young girls from local townships.

At any given moment, 800 million women around the world are menstruating, and in many countries, millions of them are left to manage their periods with unhygienic solutions such as cloth, paper or clay, and without access to private toilets, water or soap. Sanitary products like pads are unaffordable or unavailable, and urinary or reproductive tract infections are common. As a result, girls miss valuable days in school, and women are unable to work, stifling productivity and advancement.

Source  WSSCC website

Editor Xuefei Chen Axelsson

WSSCC and SCA help Chinese girls to break the silence on menstruation

The Great Aunt: WSSCC and SCA help Chinese girls to break the silence on menstruation

Stockholm, June 25(Greenpost)–While the girls from countryside didn’t know how to describe their period, girls in the city for example in Beijing got an euphimism for menstruation, that is Dayima or the Great Aunt.

It was true that women used clothes to deal with their period because there was no paper before 1970s in the countryside in China.  Many women who were born in the 1950s and 1960s said they were not aware of it when their period came for the first time.

But now the situation changed for the better. Thanks to SCA and WSSCC program, girls from Haikou got more knowledge about this private matter.

In a safe and supportive environment, thirty girls from Haikou, China, sat down on February 5 to talk with each other and learn from experts about an important but little discussed topic that will impact their lives for the next 40 years: menstruation.

The girls, aged 10 to 12, participated in a menstrual hygiene management (MHM)training session organized by SCA and WSSCC through their public-private partnership on the issue. The training session was supported by the General Office of Women and Children Affairs of Hainan Provincial Government, as well as Vinda International, one of China’s largest tissue companies. The training took place at the Hainan Provincial Population and Family Public Service Center.

SCA and WSSCC have entered into their collaboration aiming at breaking the stigma and silence that surrounds menstruation.

At any given moment, 800 million women around the world are menstruating, and in many countries, millions of them are left to manage their periods with unhygienic solutions such as cloth, paper or clay, and without access to private toilets, water or soap. Sanitary products like pads are unaffordable or unavailable, and urinary or reproductive tract infections are common. As a result, girls miss valuable days in school, and women are unable to work, stifling productivity and advancement. In China alone, estimates are that there are some 350 to 400 million women of menstruating age.

In the MHM session, local women trained by WSSCC taught the girls about their bodies, the importance of good hygiene during menstruation and to feel pride in what happens naturally every month. The local women were given a full day of pre-training on Feb. 4 , which will enable them to continue to spread the knowledge and achieve sustainable change.

“The health and well-being of a nation is very much connected to the health and well-being of its women and girls,” said Chen Jinling, Deputy Director of the General Office of Women and Children Affairs of Hainan Provincial Government. “We are happy to support this workshop, which has done much to raise awareness of menstrual hygiene management and has provided nearly 30 girls, and their friends, with very important information for their own futures.”

With the group of women trainers – who included doctors, teachers and community volunteer organizers – and later with the students, the session provided an opportunity to discuss in clear terms what usually is done euphemistically. It was said how the monthly period is often explained away as “the Great Aunt”, or “the thing”, or “my routine holiday”, or “the typhoon”.  Some cultural practices and beliefs in China linked to menstruation include in many places, including Hainan, girls having their period cannot go with their families to worship their ancestors. Or, there are beliefs that they should not go swimming, or eat chocolate (because Chinese traditional medicine suggests that some foods help or hinder the circulatory system, and that sweet foods will make you bleed more).

“Breaking the silence [around menstruation] requires knowledge and leads to real change,” said Archana Patkar, Programme Manager, WSSCC. “Today’s training went very well and it shows that the WSSCC/SCA partnership will leave a positive and lasting imprint for girls and young women in Haikou while also raising awareness of menstrual hygiene issues globally. We’re grateful to the Hainan Provincial Government for welcoming and supporting us in this work.”

Kersti Strandqvist, SCA’s SVP Sustainability described the partnership as a valuable tool to make a difference. “We want to move from well-meaning words to real action. To meet the young girls today is also a means for us to adjust our products and trainings to their needs and strengthen them in their role as women. For us at SCA it is inspiring and motivating when we see how we make a difference in these girls’ lives!”

WSSCC has a multi-faceted approach to menstrual hygiene management, and other equity issues.

Source   WSSCC

Editor  Xuefei Chen Axelsson