Cai Fang, Director of the Institute of Population and Labor Economics under the Chinese Academy of Social Sciences, published to rebuttal to the prediction that the bubble of the Chinese economy may burst. He also admitted that China’s economy is in for a period of slow growth.
Study Times: Developing the Party in the Non-Public Sector
Study Times published an article on further developing the Chinese Communist Party (CCP) in non-public economic entities. The article highlighted a few areas on which to focus. The first area it discussed was the leadership structure. The article pointed out that nearly one third of the provinces in China have used the Provincial Industry and Commerce Association as a vehicle to establish Party committees. They can be set up and given the responsibility to oversee the Party’s development in the non-public sector. The second area was the enterprise’s role as a provider of capital. Business owners have, to a large extent, influenced the progress of the CCP’s development in their enterprises. The CCP should absorb personnel into the Party, strengthen people’s belief in the socialist path with Chinese characteristics, and arrange political positions for them as a reward. Finally, the article emphasized the role of the Chamber of Commerce. The Chamber of Commerce has become more and more important in acting as the CCP’s base for CCP members in small businesses and in educating investors to support the Party’s development in their private businesses.
Source: Study Times, July 7, 2014
http://www.studytimes.cn/shtml/xxsb/20140707/5703.shtml
China’s New Think Tank Model Different from the Models from the Former Soviet Union and the U.S.
On July 14, Study Times, a journal of the Party School of the Central Committee of the Chinese Communist Party, published an article on developing China’s new think tanks with Chinese characteristics. The 3rd Plenary Session of the 18th Central Committee of the Chinese Communist Party (Nov. 9 – 12, 2013, in Beijing) stressed the need to “strengthen the Chinese characteristics of new think tanks and build a sound decision-making advisory system.” According to the article, the model for China’s new think tanks with Chinese characteristics is different from the "Soviet Union model," which had a close relationship to the government and gave advice to the former Soviet Union government directly, using its research results; it is also different from the "American model," which is independent from the U.S. government.
According to the article, China’s think tanks are diversified and complementary. “Providing service to the decision makers is fundamental and giving moderately advanced predictions is the key.” Think tanks help to improve the quality of how public policy performs in China and they enhance China’s international influence. To ensure a think tanks’ high quality service, the article suggests building up four mechanisms: “the Incentive mechanism, the competitive mechanism, the cooperation mechanism, and the oversight/supervision mechanism.”
Source: Study Times, July 14, 2014
http://www.studytimes.cn/shtml/xxsb/20140714/5762.shtml
http://www.qstheory.cn/politics/2014-07/14/c_1111601002.htm
Huanqiu Editorial: Any Country That Is Hostile to China Will Have to Pay a Huge Price”
On July 14, 2014, Huanqiu (the Chinese edition of Global Times) published an editorial asserting that the U.S. has sided with Vietnam and the Philippines against China in the South China Sea disputes. The editorial was in response to the U.S. proposal on July 11 that Asian nations should freeze building new outposts or expanding existing ones in the South China Sea to prevent more tensions and conflicts.
The Huanqiu editorial asked the United States to stay away from the South China Sea disputes. “After all, the South China Sea is not the Caribbean. China has the capability to ensure there is a difference between these two seas.” The editorial suggested that China give the United States some unexpected lessons so as to “let the U.S. swallow its grievances like a dummy, without being able to speak out for himself.” The editorial continued, “China must be self-confident!” “Any country that is hostile to China will have to pay a huge price; it must be very clear on this point.”
Source: Huanqiu, July 14, 2014
http://opinion.huanqiu.com/editorial/2014-07/5061932.html
Tianhe One Supercomputer Has Been Collecting Dust for a Year
Xinhua: Development Bank Plan Expected to Be Finalized at the BRICS Summit
BBC Chinese: State TV Report Labelled the iPhone “Dangerous”
Report Shows Internet Speeds Below Standard and Compensation Policies Lacking
According to a 2014 investigative report on Internet speed in the Beijing region, over 97 percent of the customers signed a contract for an Internet speed of over 10 megabits per second (Mbps). Among those, three percent chose a 100 Mbps contract and 11 percent chose 50 Mbps. The report showed that the download speed that most of the Internet companies claimed to provide was below the standard, especially for the ones who claimed to carry the 100 Mbps broadband width. The report said that most of the Internet carriers, especially the second or third tier carriers, are frauduent. In the meantime, most of the Internet users are unaware of the slower speed. The report stated that only one Internet company in Beijing has a compensation policy (to reimburse subscribers) if the internet speed goes below the standard.
Source: Xinhua, July 13, 2014
http://news.xinhuanet.com/fortune/2014-07/13/c_1111588264.htm