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Briefings - 821. page

China Will Never Take the Evil Road of the Western Multi-Party System

On November 20, 2012, People’s Daily’s Hebei edition republished an article from China Economic Weekly written by the former editor-in-chief of People’s Daily’s Overseas Edition, Zhanguo Shu, who is a member of the National Committee of the Chinese People’s Political Consultative Conference, titled, “China Will Never Take the Evil Road of the Western Multi-Party System.”

Zhanguo cited Hu Jintao in his article, “Unswervingly holding high the great banner of socialism with Chinese characteristics, we must not take the old path that is closed and rigid; nor must we take the evil road of changing flags and banners.” Zhangguo explained that the evil road is that of Western parliamentary democracy and the multi-party system.
 
Source: People’s Daily, November 20, 2012
http://he.people.com.cn/n/2012/1120/c337249-17742793.html

Briefings | | |   Government/Politics

Xinhua: Beidou System Accuracy Will Surpass GPS

Xinhua recently reported on the new developments related to the Chinese global positioning system named Beidou. Based on the comments made by scientists from the Chinese Academy of Sciences, the accuracy of the Beidou system’s 10-meter services has already reached the same level as the U.S. GPS system. With the enhancements that are planned, the Beidou system will soon offer better accuracy than the GPS system. It is also expected that the price of the Beidou commercial chip will drop sharply in the near future. As of October 25, the Beidou system included a network of sixteen satellites, which cover all of China and the surrounding regions. The era of commercialized Beidou applications has arrived. The domestic market size of the satellite positioning system is expected to reach RMB 200 billion yuan. 
Source: Xinhua, November 18, 2012
http://news.xinhuanet.com/mil/2012-11/18/c_123966005.htm
Briefings | | |   Information/Technology

China News: Number of Half or Fully Shutdown Companies Reached a 3-Year High

China News recently reported on research results that the China Entrepreneurs Survey System (CESS) had released. The CESS is a research institute jointly established by the Development Research Center of the State Council, the National Bureau of Statistics, and four other government agencies. According to the research, 23.1 percent of the company owners surveyed claimed that, at the time of the survey, their companies were either “shutdown” or “semi-shutdown.” This number is the highest in three years. The key reasons cited for the situation were a decline in orders, inventory pressure, and dropping prices. The health of privately owned companies was worse than for those that were state-owned. Most of the troubled companies were small to medium sized ones. Over a quarter of the companies expressed the belief that their inventory level was “higher than usual.” Half of the companies suffered a “lower than usual” order level. Most of the troubled companies were in mining, chemical fiber, non-ferrous metals, general equipment, and automobile and other transportation equipment industries. 
Source: China News, November 17, 2012
http://finance.chinanews.com/cj/2012/11-17/4336528.shtml
Briefings | | |   Economy/Resources

People’s Daily: China’s Dependence on Foreign Oil Will Reach 60%

People’s Daily recently reported on the First China International Petroleum Trade Conference. According to experts attending the conference, China’s oil consumption is expected to increase to half a billion tons in 2013. Meanwhile, China’s dependence on foreign oil will reach 60 percent next year. China is currently the primary source of demand for global oil market growth. In the year 2002, China became the second largest oil consuming country in the world (after the United States). According to experts, in the next five years, China’s oil imports will maintain a growth rate of eight percent annually, while the average annual growth rate for global oil consumption will remain at 1.2 percent. The decline of oil imports in North America and the geopolitical situation in the Middle East will be the two main factors that will impact the international oil market the most. However, more than half of China’s foreign oil supply comes from the Middle East. This adds a lot of uncertainty to China’s energy safety. 
Source: People’s Daily, November 15, 2012
http://finance.people.com.cn/n/2012/1115/c1004-19594376.html
Briefings | | |   Economy/Resources

China Displays the FB-6A: China Made Version of Avenger Air Defense System

At the 9th Airshow held in Zhuhai, Guangdong Province, China Aerospace Science and Technology Corporation displayed a variety of missile systems, including the FB-6A, an air defense system claimed to be similar to the U.S. Avenger Air Defense System, but with better missile defense capability.

According to Zong Wenbo, Vice Dean of the Shanghai Academy of Spaceflight Technology, the missile used on the FB-6A has better air defense capability than the Stinger Missile used on the Avenger Air Defense System. Its price is reasonable and suitable for large volume export. The system has been used in military exercises and can provide air defense capability for the field army.

Source: China Review News, November 17, 2012
http://www.zhgpl.com/crn-webapp/doc/docDetailCreate.jsp?coluid=4&kindid=16&docid=102306077&mdate=1117112223

Briefings | | |   Defense/Military

Political Bureau Mapped Out Plans to Impart Key Messages from 18th Congress

The 18th Political Bureau held a meeting on November 16, 2012, at which it mapped out plans to disseminate key messages from the 18th Congress. The meeting emphasized that the most important political task in the near future will be to “diligently promote and promulgate the key messages from the 18th Congress and to unify people’s understandings and efforts to achieve the goals and tasks set by the Congress.”

Xi Jinping, the new General Secretary of the Party, hosted the meeting.

Source: Xinhua, November 16, 2012
http://news.xinhuanet.com/politics/2012-11/16/c_113707591.htm

Briefings | | |   Government/Politics

Money Spent on Domestic Production of Satellite Navigation System to Exceed 200 Billion Yuan by 2015

The China Hi-Tech Fair was held in Shen Zhen from November 16 to 21, 2012. The Shen Zhen Beidou Navigation Application Alliance was officially announced at the fair. Based on the estimates from the Shen Zhen Institute of Advanced Technology of the Chinese Academy of Science, the monies spent on the domestic production of its satellite navigation system will exceed 200 billion yuan (US$32 billion) by 2015.

According to the president of the Shen Zhen Institute of Advanced Technology of the Chinese Academy of Science, the development of the Beidou Navigation System broke the GPS monopoly and will be a significant strategic benefit to China. It was reported that the Beidou Navigation Application Alliance will achieve the development and industrialization of the Beidou navigation system in the following four areas: core components, application platform, smart phone, and an auto service terminal.

Source: Huanqiu, November 17, 2012
http://china.huanqiu.com/politics/2012-11/3285498.html

Briefings | | |   Information/Technology

Xinhua Article Suggests Obama Follow Advice from Venezuelan President Hugo Chavez

Xinhua published an opinion article commenting on why Obama actively plays "luxury diplomacy" in the Asia-Pacific. The article said, “After winning the general election, Obama immediately decided to visit the countries in the Asia-Pacific region. The ‘Big Three’—the President, the Secretary of State, and the Secretary of Defense—all suddenly gathered in the same region in a period of less than 10 days. It is unheard of in the history of the United States. Why would Obama organize such a ‘luxury diplomatic team’ to visit the Asia-Pacific region?” 

The article gave four reasons: 1) to show "the will to return to the Asia-Pacific;" 2) after he won the presidential election for his second term, domestic political constraints on him weakened; 3) out of a need for the U.S. economy to recover; 4) to consolidate and expand the camp of U.S. allies. 

In its conclusion, the article expressed the main point, “There are people in the international community who cannot bear to see what Obama is doing. The always straight-talking Venezuelan President Hugo Chavez suggested on November 12 that, ‘Obama should be committed to the management of his own country and should never try to split and invade other countries.’” The article suggested to Obama, “Regarding these words, President Obama may not want to listen, but it is good advice.” 

Source: Xinhua, November 15, 2012 
http://news.xinhuanet.com/world/2012-11/16/c_123959450.htm

Briefings | | |   US-China Relations