今日头条— 瑞典首相勒夫文:我们有一个共同点--没有水我们都不能活

北欧绿色邮报网报道(记者陈雪霏)--世界水周24日在瑞典首都斯德哥尔摩市中心城市会议中心隆重开幕。

photo (44) 瑞典首相斯蒂芬.勒夫文致开幕词时强调人类有很多不同点,但是我们有一个共同点,那就是,没有水我们都不能活。

勒夫文说,水和发展问题紧密相连,因此,要发展,必须搞好水的问题。瑞典在1861年就建立了第一个水厂,大大提高饮用水的质量。到1930年建立了第一个污水处理厂。早在1927年的时候,瑞典曾因为水污染而取消一次重大游泳比赛。但是,50年代后,瑞典开始积极治理水污染,现在瑞典的水都是可以游泳,可以钓鱼的。

勒夫文说,瑞典依然承诺对发展中国家1%国民生产总值的援助承诺,赢得了热烈掌声。

瑞典的优美的水环境令人羡慕,但是,太多的水也是问题。马绍尔群岛总统罗艾亚克也在开幕式上致开幕词。

photo (42)他语气沉重地说,也约旦相反,马绍尔群岛面临着被淹没的危险,过去10个月中,发生越来越频繁的台风,暴雨等问题,海水离他的人民越来越近。根据科学家们的建议,如果全球气候增加两度,世界三分之二的地区都将被海水淹没。

因此,他的国家在积极采取措施,例如100%使用太阳能。他们也有专家帮助他们进行污水处理等。

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与马绍尔群岛相反,约旦总理阿布杜拉.恩绍尔表达了他对瑞典有那么多湖的羡慕。

他说,约旦是世界上最缺水的国家,世界人均年用水量是1000立方米的话,约旦人只有100多立方米。而约旦的水紧张主要是因为周边国家的战争和冲突造成很多难民到约旦引起的。约旦人口700多万,但是难民几乎占一半,他们来自伊拉克和巴勒斯坦等周边国家。

去年,约旦已经和以色列和巴勒斯坦就水问题进行合作的协议。约旦的母亲河死海每年以下降一米的速度水位在下降,用不了几年,他恐怕死海就会真的完全干涸了。

难民问题不光是水问题,还有教育,卫生,健康和犯罪,发展等问题。因为难民来了大部分要长期住下来,因此,如何解决难民问题,第一次来瑞典的恩绍尔希望能向瑞典学习,因为瑞典是人均接受难民最多的国家,约旦位居第二。

斯德哥尔摩市市长卡琳.万够德说,世界上每一个孩子都应该有纯净水喝,而这需要集体努力。她引用社民党前党首瑞典首相帕尔默的话,没有个人的未来,要解决水问题,需要有关各方各国积极合作,共同努力才能解决问题。

瑞典国际水研究所所长霍尔格林说,SIWI每年组织水周,今年是25周年。在解决各种水问题的过程中,缺水还是最难的。因此,在水缺乏的地区,需要每个人都要节约用水。他希望与会者在未来一周积极探索各种解决水问题的办法。

photo (45)印度斯德哥尔摩水奖获得者辛格给人巨大鼓舞,经过三十年的努力,这个曾经学习医学的医生却带领当地人民创建了7条河,1200多个小溪和蓄水地带,当地人民生活福祉极大提高。他的秘诀是,水问题是全球的,但解决问题的办法一定是地方的,因地制宜的。

斯德哥尔摩世界水周汇聚了来自世界100多个国家的两千多政府官员,企业代表和水问题专家及相关国际组织和个人。连媒体也有一个研讨会讨论媒体在水问题中发挥什么样的作用。

大会于23日开始,今天是全体会议,28日将是闭幕全体会议。在这一周里,北欧绿色邮报网将跟踪报道有意义的会议以飨读者。

chenxuefei7@hotmail.com

今日头条:世界水周讨论城市化过程中的水和能源安全

北欧绿色邮报网报道(记者陈雪霏)——由世界资源研究所,中国全球水伙伴和世界自然基金会中国代表处联合举办的关于如何在快速城市化过程中保障水和能源安全的研讨会23日在世界水周第一天成为首场研讨会之一。

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研讨会由世界资源研究所中国区所长李来来博士主持。她说,众所周知,中国正在进行轰轰烈烈的城市化进程之中,在这个过程中,人们对水和能源的需求也在迅速增加,因此,如何满足人们对水和能源的需求是本次研讨会的主要议题。世界研究所中国区对这个问题提出了一个解决方案,那就是建立可持续发展城市,要实现污水处理,在这个过程中,既通过回收利用节省了水资源,也节省了能源,因为如果海水淡化也需要很多能源的。因此也实现了资源垃圾和回收再利用的循环,这是一个很好的解决水和能源的双赢办法。

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世界资源研究所的钟丽锦说,中国面临各种水问题的挑战,例如,有的地方干旱,有的地方洪涝,有的地方水面临污染,在很多城市,又面临城市雨水成河的尴尬局面。因此,水的问题,必须和能源和气候变化问题一起综合解决。例如青岛就是一个极其缺水的城市。于是当地政府想利用海水淡化来解决地下水不能满足需求的问题,但是,计算下来,海水淡化需要很多能源,成本非常高。综合考虑还不如多搞污水处理,回收利用。

全球水伙伴高级网络官克劳森女士讲述了非洲城市水资源综合管理的经验案例。

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世界自然基金会中国区的王蕾博士讲述了水电开发的两难局面。她说,中国要发展,没有能源不行,因此计划建很多大坝。例如在长江上的三峡大坝,上游的雅砻江,金沙江等很多江上都要筑坝。但是,根据世界自然基金会从2006年开始的调查研究,长江水系面临巨大挑战。作为中华民族的母亲河,它是两岸人民乃至大半个中国的食品鱼类的来源,但是大坝的修建对上下游的鱼类,生物多样性,自然环境,地质都有很大影响。因此,在筑坝的时候一定要计算一下到底获得能源的利和对环境生态的破坏的弊到底哪个大,要好好衡量,尽量最小化环境影响。世界自然基金会的原则是,尽量不要筑坝,如果筑坝也必须要做好环境影响评价找到最合适的位置。象云南和内蒙等地因为筑坝和修水库造成下游沙漠化的行为是很不划算的,属短视行为。

世界资源研究所的袁敏就污水处理过程中污泥废渣的处理提了一些问题和建议。

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北京大学水资源研究所副教授刘洁博士从政策改革的角度提出了与水有关的部门应该合作协调的建议。例如,应该由发改委牵头,环保部,国土资源部,农业部,商业部和水资源部一起制定标准和概览,在污水处理,能源利用效率等方面协调标准,在规划,审批,执行和运营过程中都要协调好。中国的污水处理标准和能源利用效率方面都有改善的余地。

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中国农业部长江流域渔业监督管理办公室环境与资源部主任赵益民在讨论过程中说,中国水问题十分严重,面临各种挑战,其实关于水电站的问题,他本人并不认为水电是绿色能源,因为水电站对渔业造成很大破坏,因为水电站造成水温上升,因此很多鱼苗面临死亡甚至已经死亡。因此,如何解决水和能源的冲突,他希望能在水周期间多学一些好的经验,找到一些好的办法。

全球水伙伴中国秘书长和协调员郑如刚说,中国在50年代就提出了水土保持,治理大江大河的规划,到目前,专门有水资源部,北京有水当局专门解决各类水问题,这都是从制度上和可持续发展的角度进行改善。

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斯德哥尔摩环境研究所的韩国义博士也参加了讨论。近百人参加了本次研讨会

世界水周将在24日举行全体会议开幕式,届时,瑞典首相勒夫文将致开幕词。

来自世界各国的水官员,企业家和水专家两千多人将参加世界水周。水周将就水与能源的主题讨论一周,在28日闭幕。此外还将在斯德哥尔摩进行自选的实地考察。

 

Sweden strives for gender equality in film industry

Stockholm, Aug. 22(Greenpost)– Sweden is striving for gender equality in film industry as voices are getting louder in the global film industry regarding gender inequality.

(Video:    http://mediaroom.sweden.se/)

A growing body of research and statistics points to what many have been arguing for decades: women are not represented equally behind or in front of the camera.

The Swedish film industry has certainly been no different. Back to 2012, with only 32 percent of Swedish state-funded features produced by women, and women directors and screenwriters underrepresented, Anna Serner, CEO of the Swedish Film Institute (SFI), decided that something needed to be done.

Serner explains, “When I started three and a half years ago, we had an assignment to aim for a 40/60 average of long feature films, in the key positions of director, screenwriter and producer. Of course this always means 40 percent women, but I would say that you should always aim for 50/50 over time”.

Serner has become a bit of a rock-star figure internationally in championing gender equality in the film industry. Her proactive, no-nonsense approach with its proven results has gained worldwide attention from the film industry and media alike.

“What I did was to be very clear in the goal and made an action plan for reaching the goal by the end of 2015. And it took us (only) two and a half years, to reach the goal”.

With four out of five Swedish feature film receiving funding from SFI, their “Towards Gender Equality in Film Production ” action plan naturally had a major effect on what films have been made. Being  expected with any shake-up to the existing system, arguments and criticism ensued from both the creative and the business sides of the industry. Even neighboring Scandinavian countries with a similar film funding system questioned the need for such an aggressive program.

Serner’s views have remained steady. “One very common argument is that you shouldn’t do this because it limits the creativity, the freedom of speech and the quality of the artistic level of films. I would say exactly the opposite, actually, that you need gender equality and you need to get the underrepresented voices… to get quality”.

Who gets to make films is one important aspect of equality in the film industry, how women are represented in front of the camera is another.

Sweden also attracted an unexpected amount of worldwide attention for an initiative by a small art house movie theatre in Stockholm.

Ellen Tejle, Director of Bio Rio, explains,

“Back in 2013, we read that only 30% of women in film had speaking roles, and it got us thinking, ‘We need to do something ourselves! But we don’t produce films, we are just showing them’”.

What the theatre did was to develop the world’s first film classification, “A-rate”, to show if a film passes The Bechdel Test. The Bechdel Test was inspired by American animator Alison Bechdel’s idea from 30 years ago, a basic measure to see if women are fairly represented in a film.

For a film to pass The Bechdel Test, the movie must • have at least two female characters • they must both have names • they must talk to each other about something other than a man. As simple as it was, the “A-rate” campaign sent a shock wave through the industry and media from over eighty countries picked up the story.

The Bechdel Test was used in a number of analyses that followed including the oft-quoted analysis in 2014 by New York based FiveThirtyEight, showing that, of Hollywood films produced since 1990, those which passed the Bechdel test actually had a better return on investment.

Tejle cautions, “We realize that the Bechdel Test is only one tool to evaluate film, and it is not a guarantee of quality or equality, but it gets people talking about women’s representation. I know that, since A-Rate, people have been changing their scripts and changing the casting, and that’s amazing!”.

If Serner has anything to say about it, Sweden will continue to push the gender quality question forward .

“Women tell stories with a new perspective, and that’s what feels new, original, and unique. “ She adds with a smile, “There are a lot of countries that talk about things, but we are the only country that actually does things! You can criticize and you can have opposition, but that is a way of making progress”.

Sweden’s view of the new climate agreement

Stockholm, Aug. 21(Greenpost)–From 30 November to 11 December, the world’s leaders will gather in Paris for the twenty-first session of the Conference of the Parties to the United Nations Framework Convention on Climate Change. The session is particularly important since the countries are to agree on a new global climate agreement that will apply from 2020.

The Government wants to see a global, fair and legally binding climate agreement that will help keep global warming as far below two degrees Celsius as possible. The agreement must allow countries to take ever more ambitious emission reduction measures over time.

Sweden wants to see legally binding emissions limitation commitments for all countries. All countries should contribute according to their responsibilities and respective capabilities. Sweden also wants the agreement to cover support to low-income countries’ implementation of measures for both emission reductions and adaptation. Support should cover financing, technology diffusion and capacity-building. In particular, support is needed to strengthen efforts in the poorest and most vulnerable countries.

Being able to measure, report and verify countries’ emissions is a prerequisite for stronger commitments over time. The agreement must therefore contain fundamental principles for a common regulatory framework for transparency and monitoring of countries’ commitments and implementation.

All countries should present their contributions to the new agreement in good time before the Paris session. The EU’s decision to reduce emissions by at least 40 per cent by 2030 is an important step, but a higher level of ambition is needed from both the EU and other parties that have submitted their bids.

The Government considers that a higher level of ambition prior to 2020 is important, both to close the gap between what countries are doing and necessary emission reductions, and to build confidence in the negotiations.

Much work remains before a new agreement can be put into place

Many difficult issues remain to be solved before and during the session in Paris, including what parts of the new agreement should be legally binding, how adaptation and emission reductions can be given equal political importance in the agreement, how climate financing can increase and which countries should contribute.

Reaching a global climate agreement in Paris is expected to be a major challenge, and even if an agreement is reached it will not provide a complete solution to the problem of climate change. The new agreement is needed to create a platform for more ambitious climate commitments and enhanced global action in the years ahead. However, a number of political and technical issues will remain after Paris, for example the detailed reporting regulations and market mechanisms under the new agreement.

Stock Market on Aug. 20

Stockholm, Aug 20(Greenpost)–Stock Market crashed again in Stockholm.

The American fund decreased almost tow percentage points to 1.33 percent from 3.2 percent standing at 651.98 kr yesterday.

Asian fund decrease to minus 11 with a loss of 5564.

Handelsbanken China fund decreased most to 14279 by  16.23 percent. The price decreased to 126 from 152.

Handelsbanken Hållbergenergi decreased by almost 14 percent with a loss of 3398.

Both the European fund and Multiasset are decreasing by over 1000 kr.

In total, the funds ran at a loss of almost 30 thousand kronor. Now only the American fund is in positive while all the others ran at a loss.

 

瑞典爱护水资源是怎样从娃娃抓起的?

北欧绿色邮报网杂文(作者陈雪霏)--昨晚,我7岁的女儿命令他爸爸立即帮她写假期作业,因为她已经答应老师今天必须交上去。

什么假期作业呢?那就是拿个瓶子在假期在你认为合适的地方带一瓶水回来,然后,给老师和同学们讲水的来历的故事。你还要写出来。

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家长只能帮助组织语言,但是不能替写,因此,这中间也有斗争,妈妈不能看她写了什么,爸爸说得不对也不行。总之,最后还是她自己歪歪扭扭地写出了水是我们假期去马尔默的时候带回来的。从马尔默她还去了哥本哈根的提屋里儿童乐园,在那里吃了半米长的棉花糖。

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其实这种作业早在她三岁上幼儿园的时候就有了。孩子从一上幼儿园就开始体会各种物质,水,木头,石头都是他们的作业内容。一次是水,那时还允许家长帮忙,我在附近的海域灌了一瓶水,然后,告诉他们在哪儿灌的,结果,幼儿园老师和同学们就带领所有的小伙伴去哪里。到了那里,先是安妮讲述,然后同学评论,有同学发现,这水在海里(其实这里就象一条河,很狭窄了,两边都是房子,中间可以行船因此河水看着有些黑幽幽)是黑的,但是放在瓶子里其实是很干净,无色透明的。这俨然是一个重大发现。老师都记录在案。

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这样一学期下来,他们访问好多地方,什么瓦特的姥姥家,乌勒的爷爷家等等。孩子们在游戏中学习。

还有一次是带木头或树枝到学校,同样道理。另一次是带石头,学生要讲述石头和树枝在哪里拣来的,有什么作用,为什么在那里捡来的。

上小学二年级了,还是这个主题,而且这次是要自己写出来。我想这样的童年就象我一年级时捡羊粪蛋儿给生产队,帮生产队拾棉花是一个道理,一辈子都不会忘记。对水的感情至少也就从那时开始了。

在瑞典,从80年代开始每年都有一个国际水周,在这一周里人们讨论所有关于水的问题。他们有水学校,水奖,个人,青少年和企业,上到国王,下到百姓都谈论水,甚至关注全世界的水资源动向。瑞典是个水上国家,工业化后期,水也有污染,但是,经过严厉的措施和大规模的宣传运动,使得瑞典的水可以拧开龙头就喝,这和总体水源质量比较好有很大关系。

 

China Focus: Economists confident of medium-term 7-percent growth

BEIJING, Aug. 18 (Xinhua) — Economists have high hopes China can keep GDP growth above 7 percent over the next five years, as leading officials prepare to discuss 2016-2020 development at a key political meeting.
Economic growth is high on the agenda of October’s plenary session of the Communist Party of China Central Committee, which will cover the 13th Five-year Plan (2016-2020).
These five years are critical if Chinese leaders are to realize their goals of doubling 2010 GDP and per capita income and completing the building of a moderately prosperous society by 2020.
“China’s potential growth can exceed 7 percent,” said Tsinghua University economist Hu Angang, using the technical term for the maximum pace an economy can sustain over the medium to long term without stoking inflation.
“China set a growth target of 7 percent for the 2011-2015 period, but the de facto annual growth was 7.8 percent on average. Potential growth will be lower in the 2016-2020 period, but it should be above 7 percent. I expect the de facto annual growth to be around 7.5 percent,” Hu said.
Fan Gang, an advisor to the central bank monetary policy committee, said he was confident of 7-percent growth in the long run and that more pessimistic analysts “had not taken cyclical factors such as overcapacity into account.” He believes the problem of overproduction by China’s industries will ease sooner rather than later.
“China is still in a relatively high growth range. The growth rate of 7 percent or above could last till 2023 backed by the three state strategies [the Belt and Road regional infrastructure and trade network, greater integration of Beijing, Tianjin and Hebei Province, and the Yangtze River Economic Belt], deepening reform, industrial upgrading and urbanization,” said Liu Wei, deputy president of Peking University.
Wang Yiming, deputy director of the Development Research Center of the State Council, predicted the economy will resist looming downward pressure thanks to emerging favorable conditions.
These include industrialization and urbanization, openings for Chinese enterprises during global economic adjustment, and increasing consumption, according to Wang.
Enormous investment opportunities lie in areas including poverty reduction, environmental protection, water conservation and urban renovation, he added.
Economists also believe official campaigns to integrate technology such as cloud computing, robots and new materials with traditional industries, and to develop the country’s central and western regions will also aid growth.
However, as policymakers have accepted China entering a period of plateauing but more stable economic growth, and one of great strategic opportunities but also complicated challenges, Wang advised them to perfect macro regulation by improving fiscal and monetary policies and to be on the lookout for risks to prevent economic volatility.
The government should back reforms to create growth momentum, and stimulate innovation and entrepreneurship in high-tech industries, he added.
Ba Shusong, chief economist at the China Banking Association, pointed to various issues hampering growth. As the criteria used to evaluate officials’ performance change, local officials might be less motivated in wooing investment, Ba said, also citing rising labor costs as a problem.  Enditem

 

Roundup: China-Pakistan Economic Corridor gains momentum in Pakistan

by Chen Peng
ISLAMABAD, Aug.19 (Xinhua) — The Construction of the China- Pakistan Economic Corridor (CPEC) is now gaining momentum in Pakistan after Chinese President Xi Jinping visited the country in April, companies involved in the massive project said.
The CPEC, a 3,000-km network of roads, railways and pipelines linking Kashgar in northwest China’s Xinjiang Uygur Autonomous Region and southwest Pakistan’s Gwadar Port, is also a major project of China-proposed “Belt and Road” initiative.
The Silk Road Economic Belt and the 21st Century Maritime Silk Road, proposed by Chinese President Xi Jinping in 2013, are aimed at reviving the ancient trade routes that span Asia, Africa and Europe.
During Xi’s visit, China and Pakistan agreed to form a “1+4” cooperation structure with the CPEC at the center and the Gwadar Port, transport infrastructure, energy and industrial cooperation being the four key areas to achieve a win-win result and common development.
On April 20, ground-breaking of five power projects was jointly done by the Chinese president and Pakistani Prime Minister Nawaz Sharif via video link. Among the projects, Zonergy 900 MW solar power plant is likely going to be the first one to be put into Pakistan’s national grid.
The 1.5-billion-U.S.-dollar project, the largest solar power plant in the world located in Bahawalpur of eastern Pakistan’s Punjab Province, is being developed in three phases and is expected to be completed by the end of 2016.
According to Zonergy Company Limited, the first 50 MW of the project is near completion and is going to be energized soon. Before the end of this year, 300 MW will be added to Pakistan’s national grid.
In addition to the Zonergy project, a number of new energy projects, being constructed by Chinese companies, are also proceeding steadily.
The 1.65-billion-dollar Karot hydropower plant, the first investment project of the Silk Road Fund, is being developed by the China Three Gorges Corporation. Construction of the 720 MW project will begin at the end of this year and the plant is expected to be put into operation in 2020.
The Port Qasim coal-fired power plant, the first started project in the energy sector under the CPEC framework, is being constructed by Powerchina Resources Limited. The 2.085-billion- dollar project would start operation by the end of 2017.
According to Punjab Chief Minister Shahbaz Sharif, the CPEC projects are very important for power supplies in the country. He said earlier this month when meeting a Chinese delegation that Pakistan would be able to overcome energy crisis with the cooperation of its brotherly neighbor.
Tangible progress has also been made in transport infrastructure. China Road and Bridge Corporation told Xinhua that realignment project of the Karakorum Highway (KKH) at Attabad Barrier Lake is going to be completed by the end of this month. Prime Minister Sharif is expected to inaugurate the project. The KKH, the only land route between China and Pakistan, will re-open to traffic after being cut off by a barrier lake for over five years.
The Economic Coordination Committee of Pakistan’s cabinet said on Aug. 12 that contracts for constructing two other road projects of the CPEC worth 3.5 billion U.S. dollars will be awarded to Chinese companies through bidding. The two projects, 2.6-billion- dollar Karachi-Lahore Motorway and 920-million-dollar Karakoram Highway upgrade Phase-II, are earmarked for early completion under the CPEC framework.
Last month Pakistan’s Chief of Army Staff Gen. Raheel Sharif inspected the under-construction road network as part of the CPEC. According to the army, 502 km out of the 870-km road network linking the Gwadar Port with the rest of the country have been completed by Frontier Works Origination (FWO). During the inspection, the army chief also vowed that the CPEC “will be built at all costs.”
The Gwadar Port started its long-awaited operations on May 11 as the first private container vessel docked at the deep-sea port. Local fish was exported to the international market through containerized shipment. Speaking at the commencement ceremony, Pakistani Ports and Shipping Minister Kamran Michael said a new dimension was added to the history of the Gwadar Port.
For industrial cooperation, the two countries are planning industrial parks. According to local media, the Pakistani government has proposed 29 industrial parks and 21 mineral economic processing zones in all four provinces. A joint working group would decide and identify the industrial parks, said Pakistani Minister for Planning, Development and Reform Ahsan Iqbal, who hailed the CPEC as a “game changer” and a once-in-a- lifetime opportunity for Pakistan.
The Pakistani government has shown strong willingness to push forward the construction of the CPEC. During a high-level meeting held in Islamabad on July 27 to review the pace of work on CPEC projects, Prime Minister Sharif directed that projects under the CPEC be put on fast-track through mobilization of resources and completion of financial and technical formalities.
His endorsement for the projects is also shared by Pakistani President Mamnoon Hussain, who said in his message on the country’ s 69th Independence Day on Aug. 14 that the CPEC “will lead to economic revival in Pakistan.”  Enditem

 

Top story : New rules on officials’ environmental responsibility

    BEIJING, Aug. 18 (Xinhua) — A new regulation on holding officials accountable for environmental hazards will better define their professional responsibilities, according to Communist Party of China (CPC) experts.     The general offices of the CPC Central Committee, and the State Council on Monday published the regulation, which promises to trace environmental problems to whoever was originally responsible.     Officials will be held accountable for serious environmental problems resulting from improper implementation of central authorities’ policies, as well as violations of laws and regulations.     Central- and local-Party officials, and governmental officials at county level and above will be subject to a lifelong-liability system, meaning any corruption or dereliction of duty that caused serious environmental harm can be punished retroactively, according to the document.
Officials will be held responsible if they fail to effectively carry out supervision, or approve environmentally disqualified projects, or attempt to shirk the responsibility of protecting the environment.
Moreover, the regulation banned promotion for officials found guilty of misconduct, and officials will receive an unfavorable appraisal in their performance assessment.
Xia Guang, director of the Policy Research Center for Environment and Economy under the Ministry of Environmental Protection, said the new regulation clearly defines the official “dos and don’ts”.
Moreover, according to Zhang Yuxing, a chief engineer with the Survey Scheme Designing Institute under the State Forestry Administration, the conduct of both Party and government officials will now be under equal scrutiny.
“This will force officials to give environment issues greater consideration,” he said.
It was noted that the new regulation not only promises retrospective punishment but will also identify violations before too much damage is done.
However, observers have warned that the regulation needs more specifications if it is to be effectively enforced.
Wang Yi, director of the Institute of Policy and Management under the Chinese Academy of Sciences, stressed that detailed issues such as basic data collection and verification needed more attention.
Published on Monday, the new regulation took effect on Aug. 9, just days before massive warehouse explosions in Tianjin, which are thought to have contaminated the surrounding area with dangerous chemicals.
China’s State Council on Tuesday announced a team had been assigned to “investigate the cause of the explosions” and “determine liability.”  Enditem

Source Xinhua

 

 

China’s policy banks CDB, Exim Bank receive USD93 bln injection


BEIJING, Aug. 19 (Xinhua) — China Development Bank (CDB) and the Export-Import Bank of China (Exim) has respectively received 48 billion U.S. dollars and 45 billion dollars of capital injection from foreign exchange reserve of the People’s Bank of China, the central bank.
An official from the central bank said the capital injection would further help the two banks improve capital strength as well as their ability of risk resistance and sustainable development, thus play a better role in providing financial supports for key areas as a policy bank.
The plans for reforms of the CDB, the Exim Bank and Agricultural Development Bank of China were approved by China’s top policymakers in December 2014 and March 2015. Enditem

 

Net FDI into China’s financial institutions at USD4.138 bln in Q2, SAFE

  BEIJING, Aug. 19 (Xinhua) — The net inflows of foreign direct investment (FDI) into the financial institutions on the Chinese mainland were 4.138 billion U.S. dollars (25.327 billion yuan) in the second quarter of this year, official data showed on Wednesday.
According to the State Administration of Foreign Exchange, FDI inflows into Chinese mainland’s financial sector, including banks, insurers, and securities firms, reached 4.432 billion U.S. dollars (RMB27.127 billion) in the second quarter of the year, while FDI outflows amounted to 294 million U.S. dollars (RMB1.8 billion) in the same time period.
The statistics only cover equity investments that enable an investor to own 10 percent or more of voting stocks in a company. Enditem

Net ODI of China’s financial institutions at USD2.309 bln in Q2

BEIJING, Aug. 19 (Xinhua) — Financial institutions on the Chinese mainland reported net outward direct investment (ODI) of 2.309 billion U.S. dollars (14.129 billion yuan) in the second quarter of the year, according to China’s top foreign-exchange regulator on Wednesday.
Data from the State Administration of Foreign Exchange showed that ODI outflows from Chinese mainland’s financial institutions, including banks, insurers, and securities firms, reached 6.146 billion U.S. dollars (37.615 billion yuan) in the second quarter of the year, while ODI inflows amounted to 3.837 billion U.S. dollars (23.486 billion yuan) in the same time period.
The calculations only cover equity investments that enable an investor to own 10 percent or more of voting stock in a company. Enditem

China increases tax breaks for small businesses

China increases tax breaks for small businesses
BEIJING, Aug. 19 (Xinhua) —  The State Council, China’s cabinet, on Wednesday decided to extend tax breaks to more small businesses for their roles in generating jobs and growth.
From Oct. 1, 2015 to the end of 2017, companies with annual taxable income under 300,000 yuan (46,900 U.S. dollars) will have their corporate tax halved, said a statement released after a meeting chaired by Premier Li Keqiang. Previously, the threshold was 200,000 yuan.
The meeting also extended tax breaks for companies with a monthly revenue of 20,000 to 30,000 yuan from the end of 2015 to the end of 2017. They will be exempted from value-added tax and business tax.
The move is the latest attempt to help small businesses, as they provide nearly 80 percent of urban jobs.
In the first six months, about 2.39 million small and micro enterprises in China paid reduced taxes, savings them about 8.6 billion yuan,  according to figures from the State Administration of Taxation. Enditem

Turnover of China’s rare earth exchange surges in first 7 months

HOHHOT, Aug. 11 (Xinhua) — Turnover of China’s rare earth exchange surged drastically in the first 7 months of this year due to declining prices and rising demand.
The Baotou Rare Earth Products Exchange processed 116,400 tonnes of products in the first 7 months, with a trading volume of 15.755 billion yuan (2.57 billion U.S. dollars), up 277 percent compared to the full year of 2014, according to Gu Ming, the exchange general manager.
“The drastic price decline of rare earth products invigorated the market demand,” Gu said.
During the first six months of this year, the average export price of rare earth products was 32,000 yuan per tonne, down 34.7 percent from the same period of last year, according to local customs.
As of the end of July, about 120 rare earth enterprises and agents had opened accounts in the exchange, said Gu.
The exchange will compile the rare earth price index and promote cross-border e-commerce in the near future, he said.
China began setting quotas and high duties on rare earth exports in 2010, causing friction with the European Union, Japan and the United States. Quotas were removed on Jan. 1 this year, and export duties were canceled in May after a WTO ruling in August 2014 declared the measures inconsistent with WTO rules and China’s accession protocol.
The Baotou Rare Earth Products Exchange was launched in March 2014 in north China’s Inner Mongolia Autonomous Region. It was initiated by China North Rare Earth Group Co. Ltd, the country’s leading rare earth producer, and another 12 firms and institutions with a registered capital of 120 million yuan.
Rare earth metals are vital for manufacturing high-tech products ranging from smartphones and wind turbines to electric car batteries and missiles.  Enditem

China money market turnover up 115.8 pct o-y to RMB52.2 trln in July

BEIJING, Aug. 19 (Xinhua) — China’s money market turnover soared 115.8 percent year on year to 52.2 trillion yuan in July, according to a monthly financial market report released by the Chinese central bank on Wednesday.
During the first seven months, the money market turnover amounted to 251.8 trillion yuan, registering a year-on-year increase of 84.7 percent.
Interbank weighted average offered rate rose 7 basis points (bp) from the preceding month to 1.51 percent and average pledged bond repo rate gained 2 bps month on month to 1.43 percent in July. Enditem