Xinhua: China Strongly Opposes Using Rule of Law as an Excuse
Beijing Announced Anti-Terrorist Measures
Guangming Daily published an article on a recent anti-terrorist conference held in Beijing. The conference announced that a series of anti-terrorist measures have been implemented in Beijing. They include a group of 100,000 members who will collect and report intelligence tips. A demonstration at the conference showed how a group of 2,400 building security workers used the social management surveillance system to report suspicious people or actions and how the system translated their voice recordings into words which were then uploaded onto the server. The conference also announced a cash reward of between 1,000 and 40,000 yuan (US$161 to $6,426) to be given for tips about terrorist threats. In addition, the armed police force will increase street patrols using motorcycles and surveillance dogs. It will also use five helicopters no less than 30 hours each week to provide surveillance from the air.
Source: Guangming Daily, June 22, 2014
http://politics.gmw.cn/2014-06/22/content_11682209.htm
RFA: It May Cost 300 Million Yuan to Demolish a 270 Million Yuan Project Built Three Years Ago
Radio Free Asia reported that an order was given to demolish a tourist project in Hekou County, Yunnan Province that cost 270 million yuan (US$43 million) to build just three years ago. The cost of the demolition may be as much as 300 million yuan (US$48 million), which is higher than the cost of construction. The total loss of 600 million yuan is around three times Hekou County’s annual fiscal income for 2013. The report stated that the tourist project sits on the Hong River that separates China from Vietnam. It is 1 kilometer (0.62 miles) long covering 16,000 square meters (3.95 acres) and includes 150 commercial stores that can be rented. Initially, many parties objected to the project, but somehow, it was later approved at several upper levels. Currently about two thirds of the commercial space remains vacant.
Many people believe that it has become a major problem that the district government shows off its political accomplishments while wasting resources. A businessman from Guangdong Province told RFA that this is common, especially in rural areas. Another professor from the University of South Carolina said that China lacks a system to allow a stable investment environment for businesses. The government took the lead on this project and then revoked its previous commitment, a phenomenon that may harm social development.
Source: Radio Free Asia, June 20, 2014
http://www.rfa.org/mandarin/yataibaodao/kejiaowen/xql-06202014133916.html
Ministries to Allocate 100 Million Yuan to Support China’s Film Industry
People’s Daily reported that the Ministry of Finance, the National Development and Reform Commission, the Ministry of Housing and Urban-Rural Development, People’s Bank, the Ministry of Taxation, and the State Administration of Press, Publication, Radio, Film and Television jointly outlined several measures designed to establish financial support for the development of China’s domestic film industry. The measures include but are not limited to the following: allocating 100 million yuan (US$16 million) annually to support 5 to 10 key films; developing greater use of high-tech in film production; assisting domestic films to achieve a more substantial appearance in overseas markets; subsidizing theatre construction in the mid-west regions; providing favorable tax incentives from 2014 to 2018 to allow tax exemptions for certain incomes, including copyright transfers and box office revenue from the countryside.
Source: People’s Daily, June 20, 2014 http://culture.people.com.cn/n/2014/0620/c87423-25175418.html
Chinese Military Think Tank on China’s Participation in Arctic Affairs and Development
On June 18, the Defense Policy Research Center of the PLA Academy of Military Sciences, a Chinese military think tank, issued its "Strategic Assessment 2013." The report consisted of six parts: the preface; the global strategic situation; maritime competition and cooperation in the Asian Pacific; new trends in cyberspace security; development and cooperation in the Arctic region; international competition in space; and trends in missile defense development.
Corporate Defaults on the Rise
On June 19, citing statistics published by UBS Securities, Security Times reported that defaults in China are likely to increase and occur on a large-scale.
China to Tighten Control over Land Use
On June 19, 2014, China’s Ministry of Land and Resources held a press conference to explain the new regulation issued on May 22 which will tighten control of the use of land in China.