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Tourists visit the main exhibition hall of the Ninth China (Beijing) International Garden Expo on its opening day May 18. The event is being held in the capital’s southwestern Fengtai District and will last until November 18. Garden designs from 69 Chinese cities and 29 countries will be displayed.
Calling for Peace
Liu Yunshan (right), a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, meets with Choe Ryong Hae, special envoy to the leader of the Democratic People’s Republic of Korea (DPRK) Kim Jong Un, in Beijing on May 23.
The senior Chinese leader called on parties concerned to take steps to ease tensions on the Korean Peninsula and restart the suspended six-party talks, which involve China, the DPRK, the United States, the Republic of Korea, Russia and Japan, as soon as possible.
Choe said the DPRK is willing to accept advice from the Chinese side and carry out dialogue with other parties.
Tensions have been running high on the peninsula since the DPRK conducted its third nuclear test in February.
Education Support
China on May 22 unveiled a plan to support universities in its less developed central and western regions.
The ministries of education and finance, together with the National Development and Reform Commission, the country’s top planning agency, jointly issued the plan designed to train faculties and improve facilities of universities in central and west China before 2020.
Zhang Daliang, Director of the Higher Education Department under the Ministry of Education, said at a press conference that the weakness of these universities has hindered local higher education development.
The Central Government plans to inject 10 billion yuan ($1.62 billion) between 2012 and 2015 into 100 higher education institutions in central and west China where bachelor’s degree programs are available, according to the official document.
Currently, the number of oncampus students studying for bachelor’s degrees or junior college qualifications in central and west China account for 65.5 percent of the total nationwide.
Wildlife Survey
A wildlife field survey is under way in southwest China’s Tibet Autonomous Region, local forestry authorities said on May 20. The four-year survey will focus on the distribution, habitats and populations of wildlife in Tibet, as well as habitat protection and wildlife breeding. It will create a database and enable a comprehensive evalua- tion of the region’s wildlife resources.
Survey experts have divided the region into 19 geographical units consisting of all wildlife and their habitats, which include forests, grasslands, meadows, wetlands and deserts.
The survey is the second of its kind conducted in Tibet. The first one was conducted from 1998 to 2001.
Tibet has 795 species of vertebrates, of which 141 are under nationalor regional-level protection.
State Compensation
The Supreme People’s Procuratorate, China’s highest procuratorial organ, on May 17 increased the compensation standard for individuals whose personal rights have been infringed upon by the state.
The new standard is set at 182.35 yuan ($29.7) per day, 9.7 yuan ($1.58) more than the 2012 standard, said a statement published by the procuratorate.
The adjustment of the standard was based on the increase in the average salary of state employees in 2012, which stood at 47,593 yuan($7,753) last year.
According to the Law on State Compensation, where the personal rights of a citizen are infringed upon, the amount of money for compensation per day shall be calculated according to the average salary per day of the staff of the state in the preceding year.
Female Oceanauts
Female oceanauts are being considered to steer China’s record-breaking submersible Jiaolong, officials have announced.
The National Deep Sea Center in east China’s Shandong Province will train a second group of six oceanauts, including two women, for the sub’s future missions, said Liu Feng, Director of the center, on May 21.
The training is expected to start in September or October and will last one or two years, according to Liu.
The Jiaolong set a new national dive record after reaching 7,062 meters deep in the Pacific Ocean’s Mariana Trench in June 2012, allowing China to theoretically conduct deep-sea scientific research and resource exploration in 99.8 percent of the world’s oceans.
Disability Prevention
The China Disabled Persons’ Federation on May 17 established a center for disability prevention, control and research.
The center will focus on preventing disabilities, distributing recovery information, building a database for the disabled and conducting policy research, as well as preventing disability-related complications and reducing degrees of disability, said Director Li Jianjun. China has more than 85 million disabled people. The number is expected to exceed 160 million by 2050, according to the center.
Bowel Transplant
A hospital in northwest China’s Shaanxi Province announced on May 21 that Asia’s first small bowel transplant operation between twins was successful.
The transplanted intestine has regained its digestive function, and the 45-year-old patient is expected to be discharged on May 22 after two-and-a-half weeks of observation, said a spokesman for Xijing Hospital in the provincial capital of Xi’an.
The patient, a woman surnamed Xu, received 155 cm of small intestine from her twin sister during surgery on May 4, said operating surgeon Zhao Qingchuan.
The small intestine transplant is among the most difficult large organ transplants because it can trigger stronger immune responses. The latest small intestine transplant between twins was the fifth case in the world after four similar ones in the United States, Britain and Switzerland, of which three succeeded.
Orphanage Regulations
The Chinese Government released a draft of basic requirements for orphanages on May 17 in order to standardize their practices and close safety loopholes.
The draft, released by the Ministry of Civil Affairs for public opinion, clarifies standard practices related to hygiene, medical care, education and safety measures in orphanages.
Figures from the Ministry of Civil Affairs show China has about 615,000 orphans. Just 109,000 of them live in government-funded agencies, while the rest are cared for by relatives or private orphanages. Currently, 878 non-government-affiliated agencies are housing 9,394 orphans, according to the ministry.
Hi-Tech Show
The 2013 National Science and Technology Week kicks off on May 19 with a science fair in Beijing.
This year, more than 16,000 science events, road shows and lectures were launched nationwide to raise public awareness of science and technology.
E-CAR RENTAL
An electric vehicle (EV) is charging at a newly opened rental station at the Tsinghua University Science Park, the first of its kind in Beijing, which has 15 EVs for rent.
Power Price Cut
Electricity prices for all businesses in agricultural production and logistics will be cut from June 1, the National Development and Reform Commission (NDRC) announced. Pork and vegetable producers will enjoy the same electricity prices as other agricultural businesses, which are already benefiting from preferential costs.
Agricultural wholesale and farm produce markets, as well as refrigerator storage facilities will be charged the same for electricity as industrial producers.
The move will save 500 million yuan ($80.78 million) annually in the agricultural production and logistics sector. A farm with about 30,000 pigs will save 100,000 yuan ($16,300) on electricity each year.
The move is expected to reduce soaring costs in logistics and further stabilize farm produce prices.
Outbound M&A
The total value of China’s outbound mergers and acquisitions(M&As) in 2012 reached a record high of $65.2 billion, marking a five-fold increase from 2008, a PricewaterhouseCoopers (PwC) report said.
Since 2009, China has been leading the trend among emerging markets in carrying out M&As in the markets of developed countries, accounting for nearly 70 percent of the total M&A transaction value, said the report.
M&As of China’s state-owned enterprises were mostly concentrated in the energy sector, while privately owned enterprises in China invested $25.5 billion in outbound M&As in 2012 in the industrial technology and consumer goods sectors, seven times the investment seen in 2008.
“Chinese enterprises have started to discover a long-term investment mode through M&A, as they aim to incorporate production capacity and upgrade industrial structures to increase their international competitiveness,” said a PwC consultant on Chinese overseas investment.
T-Bond Issuance
The Ministry of Finance (MOF) sold 30 billion yuan ($4.8 billion) in 10-year book-entry treasury bonds from May 23 to 27. The issuance is the MOF’s 11th batch of book-entry treasury bonds this year.
The interest rate for the bonds is fixed at 3.38 percent. Interest will be paid every half year, with the last interest and the principal paid upon maturity on May 23, 2023.
The bonds will become tradable on exchange markets starting on May 29, according to the MOF.
Service Outsourcing Up
Chinese companies took service outsourcing orders of $11.7 billion in the first quarter of the year, up 43.6 percent year on year, said an official from the Ministry of Commerce at a forum held in Fuzhou, capital of southeast China’s Fujian Province. The country’s offshore service outsourcing businesses reached $8.1 billion in the first three months, up 42 percent year on year, said the official.
As of March, China’s service outsourcing industry had 4.46 million employees. Some 67.7 percent of them had college education backgrounds.
The orders of offshore service outsourcing by Chinese enterprises increased to $33.6 billion in 2012, compared with $4.69 billion in 2008.
Talks Collapse
First-round negotiations designed to ease the current solar panel trade spat between China and the European Union (EU) have failed, Chinese trade body sources involved in the talks said on May 22.
China and the EU had agreed that talks on such “price undertaking”would be held between representatives of the Chinese solar sector and the EU, said Wang Guiqing, deputy head of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products.
At the EU’s invitation, the chamber sent a negotiation team and put forward pragmatic price undertaking plans, but the EU side turned them down flat, refusing to answer questions from the Chinese side, he said.
The EU backed a proposal in early May to impose punitive import duties on solar panels from China in order to prevent what it called the “dumping” of Chinese panel products in the European market.
Bird Flu Fears Wane
(Top) Customers queue in front of a roast chicken store in Hangzhou, capital of Zhejiang Province, on May 20.
(Bottom) The same store is void of customers during the initial outbreak one month earlier.
No new cases of H7N9 bird flu were reported on the Chinese mainland during the week of May 13 to 19.
Calling for Peace
Liu Yunshan (right), a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, meets with Choe Ryong Hae, special envoy to the leader of the Democratic People’s Republic of Korea (DPRK) Kim Jong Un, in Beijing on May 23.
The senior Chinese leader called on parties concerned to take steps to ease tensions on the Korean Peninsula and restart the suspended six-party talks, which involve China, the DPRK, the United States, the Republic of Korea, Russia and Japan, as soon as possible.
Choe said the DPRK is willing to accept advice from the Chinese side and carry out dialogue with other parties.
Tensions have been running high on the peninsula since the DPRK conducted its third nuclear test in February.
Education Support
China on May 22 unveiled a plan to support universities in its less developed central and western regions.
The ministries of education and finance, together with the National Development and Reform Commission, the country’s top planning agency, jointly issued the plan designed to train faculties and improve facilities of universities in central and west China before 2020.
Zhang Daliang, Director of the Higher Education Department under the Ministry of Education, said at a press conference that the weakness of these universities has hindered local higher education development.
The Central Government plans to inject 10 billion yuan ($1.62 billion) between 2012 and 2015 into 100 higher education institutions in central and west China where bachelor’s degree programs are available, according to the official document.
Currently, the number of oncampus students studying for bachelor’s degrees or junior college qualifications in central and west China account for 65.5 percent of the total nationwide.
Wildlife Survey
A wildlife field survey is under way in southwest China’s Tibet Autonomous Region, local forestry authorities said on May 20. The four-year survey will focus on the distribution, habitats and populations of wildlife in Tibet, as well as habitat protection and wildlife breeding. It will create a database and enable a comprehensive evalua- tion of the region’s wildlife resources.
Survey experts have divided the region into 19 geographical units consisting of all wildlife and their habitats, which include forests, grasslands, meadows, wetlands and deserts.
The survey is the second of its kind conducted in Tibet. The first one was conducted from 1998 to 2001.
Tibet has 795 species of vertebrates, of which 141 are under nationalor regional-level protection.
State Compensation
The Supreme People’s Procuratorate, China’s highest procuratorial organ, on May 17 increased the compensation standard for individuals whose personal rights have been infringed upon by the state.
The new standard is set at 182.35 yuan ($29.7) per day, 9.7 yuan ($1.58) more than the 2012 standard, said a statement published by the procuratorate.
The adjustment of the standard was based on the increase in the average salary of state employees in 2012, which stood at 47,593 yuan($7,753) last year.
According to the Law on State Compensation, where the personal rights of a citizen are infringed upon, the amount of money for compensation per day shall be calculated according to the average salary per day of the staff of the state in the preceding year.
Female Oceanauts
Female oceanauts are being considered to steer China’s record-breaking submersible Jiaolong, officials have announced.
The National Deep Sea Center in east China’s Shandong Province will train a second group of six oceanauts, including two women, for the sub’s future missions, said Liu Feng, Director of the center, on May 21.
The training is expected to start in September or October and will last one or two years, according to Liu.
The Jiaolong set a new national dive record after reaching 7,062 meters deep in the Pacific Ocean’s Mariana Trench in June 2012, allowing China to theoretically conduct deep-sea scientific research and resource exploration in 99.8 percent of the world’s oceans.
Disability Prevention
The China Disabled Persons’ Federation on May 17 established a center for disability prevention, control and research.
The center will focus on preventing disabilities, distributing recovery information, building a database for the disabled and conducting policy research, as well as preventing disability-related complications and reducing degrees of disability, said Director Li Jianjun. China has more than 85 million disabled people. The number is expected to exceed 160 million by 2050, according to the center.
Bowel Transplant
A hospital in northwest China’s Shaanxi Province announced on May 21 that Asia’s first small bowel transplant operation between twins was successful.
The transplanted intestine has regained its digestive function, and the 45-year-old patient is expected to be discharged on May 22 after two-and-a-half weeks of observation, said a spokesman for Xijing Hospital in the provincial capital of Xi’an.
The patient, a woman surnamed Xu, received 155 cm of small intestine from her twin sister during surgery on May 4, said operating surgeon Zhao Qingchuan.
The small intestine transplant is among the most difficult large organ transplants because it can trigger stronger immune responses. The latest small intestine transplant between twins was the fifth case in the world after four similar ones in the United States, Britain and Switzerland, of which three succeeded.
Orphanage Regulations
The Chinese Government released a draft of basic requirements for orphanages on May 17 in order to standardize their practices and close safety loopholes.
The draft, released by the Ministry of Civil Affairs for public opinion, clarifies standard practices related to hygiene, medical care, education and safety measures in orphanages.
Figures from the Ministry of Civil Affairs show China has about 615,000 orphans. Just 109,000 of them live in government-funded agencies, while the rest are cared for by relatives or private orphanages. Currently, 878 non-government-affiliated agencies are housing 9,394 orphans, according to the ministry.
Hi-Tech Show
The 2013 National Science and Technology Week kicks off on May 19 with a science fair in Beijing.
This year, more than 16,000 science events, road shows and lectures were launched nationwide to raise public awareness of science and technology.
E-CAR RENTAL
An electric vehicle (EV) is charging at a newly opened rental station at the Tsinghua University Science Park, the first of its kind in Beijing, which has 15 EVs for rent.
Power Price Cut
Electricity prices for all businesses in agricultural production and logistics will be cut from June 1, the National Development and Reform Commission (NDRC) announced. Pork and vegetable producers will enjoy the same electricity prices as other agricultural businesses, which are already benefiting from preferential costs.
Agricultural wholesale and farm produce markets, as well as refrigerator storage facilities will be charged the same for electricity as industrial producers.
The move will save 500 million yuan ($80.78 million) annually in the agricultural production and logistics sector. A farm with about 30,000 pigs will save 100,000 yuan ($16,300) on electricity each year.
The move is expected to reduce soaring costs in logistics and further stabilize farm produce prices.
Outbound M&A
The total value of China’s outbound mergers and acquisitions(M&As) in 2012 reached a record high of $65.2 billion, marking a five-fold increase from 2008, a PricewaterhouseCoopers (PwC) report said.
Since 2009, China has been leading the trend among emerging markets in carrying out M&As in the markets of developed countries, accounting for nearly 70 percent of the total M&A transaction value, said the report.
M&As of China’s state-owned enterprises were mostly concentrated in the energy sector, while privately owned enterprises in China invested $25.5 billion in outbound M&As in 2012 in the industrial technology and consumer goods sectors, seven times the investment seen in 2008.
“Chinese enterprises have started to discover a long-term investment mode through M&A, as they aim to incorporate production capacity and upgrade industrial structures to increase their international competitiveness,” said a PwC consultant on Chinese overseas investment.
T-Bond Issuance
The Ministry of Finance (MOF) sold 30 billion yuan ($4.8 billion) in 10-year book-entry treasury bonds from May 23 to 27. The issuance is the MOF’s 11th batch of book-entry treasury bonds this year.
The interest rate for the bonds is fixed at 3.38 percent. Interest will be paid every half year, with the last interest and the principal paid upon maturity on May 23, 2023.
The bonds will become tradable on exchange markets starting on May 29, according to the MOF.
Service Outsourcing Up
Chinese companies took service outsourcing orders of $11.7 billion in the first quarter of the year, up 43.6 percent year on year, said an official from the Ministry of Commerce at a forum held in Fuzhou, capital of southeast China’s Fujian Province. The country’s offshore service outsourcing businesses reached $8.1 billion in the first three months, up 42 percent year on year, said the official.
As of March, China’s service outsourcing industry had 4.46 million employees. Some 67.7 percent of them had college education backgrounds.
The orders of offshore service outsourcing by Chinese enterprises increased to $33.6 billion in 2012, compared with $4.69 billion in 2008.
Talks Collapse
First-round negotiations designed to ease the current solar panel trade spat between China and the European Union (EU) have failed, Chinese trade body sources involved in the talks said on May 22.
China and the EU had agreed that talks on such “price undertaking”would be held between representatives of the Chinese solar sector and the EU, said Wang Guiqing, deputy head of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products.
At the EU’s invitation, the chamber sent a negotiation team and put forward pragmatic price undertaking plans, but the EU side turned them down flat, refusing to answer questions from the Chinese side, he said.
The EU backed a proposal in early May to impose punitive import duties on solar panels from China in order to prevent what it called the “dumping” of Chinese panel products in the European market.
Bird Flu Fears Wane
(Top) Customers queue in front of a roast chicken store in Hangzhou, capital of Zhejiang Province, on May 20.
(Bottom) The same store is void of customers during the initial outbreak one month earlier.
No new cases of H7N9 bird flu were reported on the Chinese mainland during the week of May 13 to 19.