The author offered counter measures to refute criticism of the Chinese military, including greater effort, increased spending, clever strategy and broader military exchanges.
The following is a translation of excerpts from the original article] [1]
The author offered counter measures to refute criticism of the Chinese military, including greater effort, increased spending, clever strategy and broader military exchanges.
The following is a translation of excerpts from the original article] [1]
On August 26, China’s State Administration for Radio, Film, and Television (SARFT) and China Eximbank signed a Cooperation Agreement on Supporting and Fostering Key Export Oriented Radio, Film, and Television Enterprises and Projects. Under the agreement, over 5 years, China Eximbank is to provide 20 billion yuan or the equivalent in foreign currency financing support for radio, film, and television enterprises, in addition to multiple financial products and services.
Signers of the deal believe that the agreement, as part of fulfillment of the state’s strategy of Chinese culture “going global,” will help enlarge China’s share of film and TV products in the world market, boosting the nation’s cultural soft power.
In 2009, China sold more than 10,000 hours of TV programming to more than 100 countries, with a total export of US$80 million in film and other broadcasting products and services.
Source: Xinhua, August 26, 2010
http://news.xinhuanet.com/2010-08/26/c_12488797.htm
A strategic cooperation between the Chinese Ministry of Culture and the state Agriculture Bank was launched on August 26, at a ceremony where the latter joins the “Culture Industries Investment and Finance Public Service Platform,” a government initiative to help fund culture enterprises. According to Gao Shuxun, the Assistant to the Culture Minister, the central government supports the Bank-Ministry alliance and has become a new model for the financial institutes to support the development of culture industries.
On August 18, the Ministry and Agriculture Bank jointly issued a Notice of Comprehensively Strengthening Strategic Cooperation, which made clear the Ministry of Culture’s policy support of the Agriculture Bank to provide financial services to culture enterprises.
Source: Ministry of Culture website, August 26, 2010
http://www.ccnt.gov.cn/sjzz/whcys/cydt/201008/t20100826_81718.html
Wang Xiaolu, a scholar at the National Economic Research Institute under the China Reform Foundation, recently published an article that calculates the 2008 urban residents’ “hidden income” to be as high as 9.26 trillion yuan, about 30% of the year’s gross domestic product (GDP). Wang believes that the existence of gigantic amount of “hidden income” or “grey income” shows the severe distortion of the distribution of national income. The sources of the “hidden income” include corruption, and other means of misappropriation of public funds and private wealth.
On August 24 and 25, the National Bureau of Statistics published two articles on its website, confronting Wang’s study by questioning its methodology.
Source: Jinghua Daily, August 26.
http://epaper.jinghua.cn/html/2010-08/26/content_580292.htm
[Editor’s Note: Jinghua Daily is a Beijing local newspaper]
He believes that bolstering the court system is a key to easing social tension and stabilizing society. He calls for the Communist Party to take over the courts directly, “(In each locality), one of the primary party leaders should also directly become the president of the court. (Doing that) can improve problem solving efficiency and reduce government costs.”
Although the Party has de facto control over the courts, China’s courts are mostly run by relatively junior level cadres whose authority is often challenged or ignored. The author’s proposal could enhance the court system, but it might not help the Party’s preferred image. He discusses another Catch-22 situation in China.
The following is translated from excerpts of the article.] [1]
Beijing reacted angrily Wednesday to a Pentagon report expressing worries about China’s burgeoning military capabilities, calling such concerns baseless.
“The report ignores the objective truth and accuses China for establishing its normal national defense and army,” said Chinese Defense Ministry spokesman Geng Yansheng. “The development of the Chinese army is reasonable and proper.”
This year’s annual Pentagon report on China’s military capabilities, delivered to Congress on Monday, outlined China’s moves to boost its military strength and warned that “the limited transparency in China’s military and security affairs enhances uncertainty and increases the potential for misunderstanding and miscalculation.”
Source: Xinhua, August 18, 2010
http://news.xinhuanet.com/2010-08/18/c_12460035.htm