Sunday, August 29, 2010

China's Wen Calls for Political Reform



China's Prime Minister Wen Jiabao says that it needs to makes changes to political system to make sure that its economic growth will be able to continue., state media reported.

"We not only have to push forward reform of the economic system, but we also have to push forward reform of the political system," Wen said to Xinhua state news agency when he was in the “boomtown” Shenzhen.

"If there is no guarantee of reform of the political system, then results obtained from the reform of the economic system may be lost and the goal of modernisation cannot be achieved," he said.

Wen also said that he must to protect peoples rights.

"We must resolve the problem of excessive concentration of power, create conditions that allow people to criticise and supervise the government and firmly punish corruption," he stated.

Some people think he means that there is too much corruption in China right now. They think that he is a good leader and helps ordinary people.

He was famous when he went to Tienemen Square in 1989 when the people protested against the government, but the army attacked them and stop them. Then in 2003, he became prime minister of China.

In my opionion I think that the economic is growing well and the combined of the two countries. The two good leaders will protect the poeple from protesting. They will also help people by giving them occupation.

Reference : http://inform.com/world/chinas-wen-calls-political-reform-state-media-1026360a

Wen Jiabao Puts Political Reform on China's Agenda


Chinese prime minister, Wen Jiabao, was in Shenzhen recently. He said that China wants "political reform" and less powers for the Communist party. He said, "If there is no guarantee of reform of the political system, then results obtained from the reform of the economic system may be lost, and the goal of modernisation cannot be achieved.

What does he mean? China is usually very strict and conservative, so this is surprising statement. However, he has said same things before but nothing changed.

"Did Wen go off message?" (Wall Street Journal - this means did Wen say some things that he should not say?) The Economist magazine said it does not believe him. However, we can see that some people think that China should change politics system a little for to protect the economy.

For sure, there is "new generation of reformers" in some state-controlled media, but some of them do not agree. What will happen next? Watch this space!

In my view I think that China should change a little. Due to world in nowadays had changed so much. On the other hand they also should keep their own politics tho manage their country as well.

Reference : http://www.guardian.co.uk/world/2010/aug/29/wen-jiabao-china-reform

Coca-Cola gets real about its business


The reason that I choose this news is because I am interested in the Coca-Cola companies. For it is well known as one of the best beverage.

Coca-Cola, the world's biggest beverage company, says it is integrating sustainability and green production into every aspect of its business operations to realize sustainable development in China.

At a time when the world is focusing on low-carbon lifestyles and environmental protection, China's experts Had find a standard and strategy to development recently gathered at the company's Green Building located inside its headquarters in Shanghai to discuss the environmental impact of China's rapid economic development and the role of business in sustainable development.

The experts pointed out that sustainable development will be a central theme throughout China's 12th Five-Year Plan (2011-15), and that the concept of sustainable developments extends to business and throughout every aspect of society.

In my view I think that it is a good way to save the environments. Because the world need people’s help to save it. Due to in China is one of the biggest country in the world so if they could help saving the would it would be a great thing.

Reference : http://www.chinadaily.com.cn/business/2010-08/09/content_11121956.htm

Sunday, August 22, 2010

Consumer Confidence Strong in China




According to consultancy firm McKinsey & Co, the survey has shown that Chinese consumers are strongly confident with their economic potential after the slower growth of gross domestic product in the second quarter of the year.
The survey of nearly 15,000 consumers in 49 Chinese cities shown that this slowing down of GDP growth has very little impact on consumer confidence. As China’s GDP growth slowed from 11.9 percent in the first three months of the year to 10.3 percent in the second quarter.

Moreover, rich customers, which are 24 percent of the consumers, are more aware of their spending than the rest which made almost no change in their spending.

The survey also said that China’s domestic consumption is believed to increase by 11 percent every year and will counting for 42 percent of the GDP by 2020.

But due to more shopping malls and luxury outlets opening up, we will not see a quick jump of domestic consumption. As only one percent of the Chinese would buy luxury goods and new shops and facilities will only cater to them. Therefore the balance of demand would be a little by little process.

In my opinion, the economy of China is growing up more and more. So, people in China be confident with their product that made in their country. Therefore the demand will balance that make economy well.


Reference : http://www.chinadaily.com.cn/business/2010-08/21/content_11184423.htm

China to Hold Green Industry Expo in November



There will be international green industry expo from November 24-27 in Beijing. This will help companies in Chan and other countries to cooperate to make green economy, Vice Minister of Commerce Jiang Yaoping said on Wednesday.

In the expo will have exhibitions and forums, and will display the latest achievements in the green industry and green economy in everywhere in the world. It will show how China has done to improve the industry to be more clean and green.

He said expo will help guide Chinese companies to have clean energy, energy-savings and emission reductions, and low carbon technology.

To my view I think that Chna had done great in this event. China had show the good opionion in the Green saving. It made the industry more clean and also green as well. This project also reduce the low carbon in the air too. Over all this is one of the good projects that China had done.

Reference : http://www.chinadaily.com.cn/business/2010-08/12/content_11141986.htm

Floods Cut Water Supplies for 300,000 in China




People in northeastern China, was cut water supplies because heavy rain in the North Korean caused flooding.The residents in Tonghua city in Jilin province had been without tap water for two days because the floods damaged pipes. Many houses in Tonghua did not have water for two days because of the floods.Over 300 workers were move to fix the pipes.

So, the residents help by sent fire trucks to deliver water for domestic purposes aside from drinking to residential communities in the city.

Storms in Jilin have killed or left missing more than 100 people in the past few days. About 1,000 people have been killed this year in floods which have devastated some areas, mostly in central and southern China.Weather forecast predict that the heavy rain are rained until the end of the week.

In my view, people cannot predict an incident when it happens, so people should prepare themselves and government should maintain an infrastructure.

Reference : http://planetark.org/enviro-news/item/59013

Acer to Take Charge of Founder's PC Businesses



In May 2010, the Chinese mainland Founder Group and Acer (from Taiwan made an agreement to have more cooperation with each other. They are both in PC business sector.

Acer will do operation of most of Founder's PC business, such as PC product planning for the China market, and marketing. Acer will also do Founder's PC after-sale service.

From the cooperation, Founder's PC businesses will be benefit because Acer is big company and can produce more mobile devices. From the help of Founder, Acer can improve sales and service network. This will make it be competitiveness in mainland China.

The cooperation will be important to improve the product supply chain, and will help two companies to sell more goods.

Founder and Acer also want to cooperation in the digital publishing in the future.


Reference : http://www.chinatechnews.com/2010/08/12/12415-acer-to-take-charge-of-founders-pc-businesses