Edison Chen
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The party who benefits from this include all regions and countries near the railway.
China Economy Forum
- Thread starter EagleEyes
- Start date
Sonyuke_Songpaisan
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turkey in some way is not qualified to an enemy of china
cnleio
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As a Chinese, u know nothing about Turkey and XinJiang. Just stay in ur cute Thailand.
Turkey, the headquarter of East Turkistan Islamic Movement. Build a high-speed rail to feed ur enemy, sometime China should choose which benefit is bad for us, know ur enemy.
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Sonyuke_Songpaisan
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Turkey people have a saying- Turkey's interest ranges from Mediterranean Sea to Great Wall. This is their daydream. we only see a EU beggarAs a Chinese, u know nothing about Turkey and XinJiang. Just stay in ur cute Thailand.
Turkey, the headquarter of East Turkistan Islamic Movement. Build a high-speed rail to feed ur enemy, sometime China should choose which benefit is bad for us, know ur enemy.
LeveragedBuyout
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Ignoring Bubble Fears, Investors Hungry for Piece of China’s Big Property Developers - China Real Time Report - WSJ
As China’s real-estate market slows, investors are turning bullish and buying up stocks of large property developers, betting they won’t only ride out the storm but also grow. As the WSJ’s Daniel Inman and Fiona Law report:
The MSCI China Real Estate Index, which tracks the stocks of mainland developers, has surged 16.5% from the start of July through Friday, on pace for its best month in nearly three years, as local governments have started to ease restrictions on housing purchases to boost sales. The index remained down more than 3% for the year.
A slowdown in the housing market sent property sales down 9.2% in the first half of 2014, while prices fell for a second month in June. The slide hurt smaller developers, in particular, which tend to operate mostly in smaller cities that have an oversupply of housing.
Larger companies have continued to perform well. Shares of China Vanke Co., the country’s biggest developer, are up 23% this year, whileEvergrande Real Estate Group Ltd. shares have climbed 17%.
…
“Within a weaker backdrop, the bigger players tend to have an advantage winning over customers because of their longer operating track record and better brand recognition,” said Swee Ching Lim, credit research analyst at Western Asset Management Co. with $468.7 billion in assets under management. “They also have a leg up over the smaller players with more stable and diverse funding sources.”
Patrick Ho, head of Asian equities at AMP Capital in Hong Kong, which manages assets valued at 142 billion Australian dollars (US$133 billion), bought stocks of developers earlier this year, figuring that the industry, which has an estimated 85,000 companies, will consolidate.
“The big will get bigger and get more brand loyalty,” he said.
Already there are signs of that happening. The 10 largest Chinese developers boosted their share to 18.7% of national sales in the first half of 2014 from 14% at the end last year, according to Citi Research, which said that the share could reach 35% by 2020, and as much as 50% in China’s more-developed first- and second-tier cities.
Many economists say China’s housing downturn represents the biggest risk for the economy because so many individuals have their wealth tied up in the property sector, and because it drives demand of items from metals to furniture.
- July 29, 2014, 2:49 PM HKT
As China’s real-estate market slows, investors are turning bullish and buying up stocks of large property developers, betting they won’t only ride out the storm but also grow. As the WSJ’s Daniel Inman and Fiona Law report:
The MSCI China Real Estate Index, which tracks the stocks of mainland developers, has surged 16.5% from the start of July through Friday, on pace for its best month in nearly three years, as local governments have started to ease restrictions on housing purchases to boost sales. The index remained down more than 3% for the year.
A slowdown in the housing market sent property sales down 9.2% in the first half of 2014, while prices fell for a second month in June. The slide hurt smaller developers, in particular, which tend to operate mostly in smaller cities that have an oversupply of housing.
Larger companies have continued to perform well. Shares of China Vanke Co., the country’s biggest developer, are up 23% this year, whileEvergrande Real Estate Group Ltd. shares have climbed 17%.
…
“Within a weaker backdrop, the bigger players tend to have an advantage winning over customers because of their longer operating track record and better brand recognition,” said Swee Ching Lim, credit research analyst at Western Asset Management Co. with $468.7 billion in assets under management. “They also have a leg up over the smaller players with more stable and diverse funding sources.”
Patrick Ho, head of Asian equities at AMP Capital in Hong Kong, which manages assets valued at 142 billion Australian dollars (US$133 billion), bought stocks of developers earlier this year, figuring that the industry, which has an estimated 85,000 companies, will consolidate.
“The big will get bigger and get more brand loyalty,” he said.
Already there are signs of that happening. The 10 largest Chinese developers boosted their share to 18.7% of national sales in the first half of 2014 from 14% at the end last year, according to Citi Research, which said that the share could reach 35% by 2020, and as much as 50% in China’s more-developed first- and second-tier cities.
Many economists say China’s housing downturn represents the biggest risk for the economy because so many individuals have their wealth tied up in the property sector, and because it drives demand of items from metals to furniture.
LeveragedBuyout
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China is looking more and more like the US.
China’s struggling housing market has one bright spot - MarketWatch
July 29, 2014, 2:05 a.m. EDT
China’s struggling housing market has one bright spot
Simple homes near top schools often cost more than luxury properties
By Laura He, MarketWatch
HONG KONG (MarketWatch) — Home prices are falling across China, but there is one exception: those in coveted school districts. So while property values sag in most major cities, prices for so-called “school-district housing” is going in the opposite direction — drastically.
In Beijing, for example, the most expensive properties may not be luxury homes, but very modest flats located near desirable primary schools. In at least one case, a buyer was willing to pay half a million U.S. dollars for a rudimentary 100-square-foot room in a “hutong” — an old-style alleyway where properties often lack amenities found in modern residential units.
Several reportedly “tiny” homes in the Wenchang Hutong in central Beijing fetched prices of more than 300,000 yuan ($48,300) per square meter (10.7 per square feet) due to their proximity to the prestigious Beijing No. 2 Experimental Primary School, the state-run China Economic Weekly said Tuesday.
Shutterstock/Ufuk Zivana
But even this paled in comparison to a “shabby and low” 107-square-foot house, listed at a price of 3.4 million yuan ($547,400).
School-district housing in Beijing is soaring, even as prices are coming down almost everywhere else in the capital, due in large part to government policies meant to cool the real-estate market and prevent a further inflating of the housing bubble.
Average housing prices in Beijing’s desirable school districts increased 0.7% month-on-month in May, compared with a 4.75% month-on-month fall in Beijing’s existing-home market, the report said, citing data from Homelink, one of China’s largest property brokers.
And Beijing is not alone. In the northwestern city of Yinchuan in the inland province of Ningxia, some existing homes saw their prices jump by more than 20% after they were included in more desirable school districts, the state-run Xinhua News Agency reported earlier this month.
Policy drives the school-district frenzy
Previously, a student’s school was determined by the location of his or her “hukou” or “household registration,” which is difficult to change.
A separate Xinhua News report, however, noted that a provision to allow top school to admit students outside the district via examinations had sometimes led to abuses in which family connections or gifts had secured coveted spots for some children.
But in April, the Ministry of Education announced a new policy that would focus more on geography and make it more difficult to game the system.
“The ‘school-district housing’ market across China has heated up rapidly since the policy,” the report said.
The policy is scheduled to take effect in 19 major Chinese cities in 2015.
But while the new rules could contribute to the “possible suppression of the competition of family background” among would-be students at the top schools, it has resulted in the “frantic” competition of buying houses instead.
China’s struggling housing market has one bright spot - MarketWatch
July 29, 2014, 2:05 a.m. EDT
China’s struggling housing market has one bright spot
Simple homes near top schools often cost more than luxury properties
By Laura He, MarketWatch
HONG KONG (MarketWatch) — Home prices are falling across China, but there is one exception: those in coveted school districts. So while property values sag in most major cities, prices for so-called “school-district housing” is going in the opposite direction — drastically.
In Beijing, for example, the most expensive properties may not be luxury homes, but very modest flats located near desirable primary schools. In at least one case, a buyer was willing to pay half a million U.S. dollars for a rudimentary 100-square-foot room in a “hutong” — an old-style alleyway where properties often lack amenities found in modern residential units.
Several reportedly “tiny” homes in the Wenchang Hutong in central Beijing fetched prices of more than 300,000 yuan ($48,300) per square meter (10.7 per square feet) due to their proximity to the prestigious Beijing No. 2 Experimental Primary School, the state-run China Economic Weekly said Tuesday.
Shutterstock/Ufuk Zivana
But even this paled in comparison to a “shabby and low” 107-square-foot house, listed at a price of 3.4 million yuan ($547,400).
School-district housing in Beijing is soaring, even as prices are coming down almost everywhere else in the capital, due in large part to government policies meant to cool the real-estate market and prevent a further inflating of the housing bubble.
Average housing prices in Beijing’s desirable school districts increased 0.7% month-on-month in May, compared with a 4.75% month-on-month fall in Beijing’s existing-home market, the report said, citing data from Homelink, one of China’s largest property brokers.
And Beijing is not alone. In the northwestern city of Yinchuan in the inland province of Ningxia, some existing homes saw their prices jump by more than 20% after they were included in more desirable school districts, the state-run Xinhua News Agency reported earlier this month.
Policy drives the school-district frenzy
Previously, a student’s school was determined by the location of his or her “hukou” or “household registration,” which is difficult to change.
A separate Xinhua News report, however, noted that a provision to allow top school to admit students outside the district via examinations had sometimes led to abuses in which family connections or gifts had secured coveted spots for some children.
But in April, the Ministry of Education announced a new policy that would focus more on geography and make it more difficult to game the system.
“The ‘school-district housing’ market across China has heated up rapidly since the policy,” the report said.
The policy is scheduled to take effect in 19 major Chinese cities in 2015.
But while the new rules could contribute to the “possible suppression of the competition of family background” among would-be students at the top schools, it has resulted in the “frantic” competition of buying houses instead.
cirr
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Singapore, China looking at possible third joint project
Rachel Chang
The Straits Times
Publication Date : 29-07-2014
Singapore and China are exploring the possibility of a third government-to-government project after the Suzhou Industrial Park (SIP) and the Tianjin Eco-city.
The new joint venture was one of the topics discussed by deputy prime minister Teo Chee Hean and Chinese vice-premier Zhang Gaoli here yesterday at a meeting that lasted more than an hour.
Teo also "expressed Singapore's intent to accept China's invitation" to be a founding member of the Asian Infrastructure Investment Bank (AIIB), said the Singapore Ministry of Foreign Affairs (MFA) in a statement.
Teo is in China for the second Singapore-China Social Governance Forum and to meet Chinese leaders.
Zhang suggested a third joint venture last October, during a meeting of the high-level Joint Council for Bilateral Cooperation, which he and Teo co-chair.
The new project would be in a yet-to-be-decided site in the western region of China. While less developed than the country's coastal east, it is the focus of a big urbanisation and modernisation push by the Chinese government.
No other details of the new joint venture were available; the Singapore MFA would say only that Singapore officials have been visiting China's western cities in exploration of the proposal.
Singapore's first government- to-government project with China was the SIP, which marks its 20th anniversary this year. It was set up in eastern Jiangsu province in 1994.
Envisioned as a magnet for foreign investment and high-tech industries in Singapore's mould, the 288 sq km park now boasts investments from close to a hundred of the world's top 500 companies.
The 30 sq km Tianjin Eco-city, which broke ground in 2008, was conceived as a model of ecologically conscious urban design. It has 10,000 residents and the aim is to grow this to 350,000 by 2020.
But the two joint ventures have not been without controversy. The SIP's early years were marred by the Suzhou government (which had only a 35 per cent stake in it) promoting an alternative park to foreign investors.
The situation improved after the Singapore government reduced its stake from 65 per cent to 35 per cent in 2001.
Tianjin Eco-city has grown more slowly than expected, Singapore officials have acknowledged. The building of its transport infrastructure, essential in attracting residents, has been delayed.
During their meeting yesterday, Teo and Zhang discussed "how the AIIB can complement existing multilateral development banks, stay open and inclusive, and draw upon the best practices of existing multilateral development banks in terms of governance and operations", said MFA.
The China-led bank, which is expected to have an initial fund of US$50 billion mostly from China, is meant to finance infrastructure building in the region.
Analysts have said China's aim is for the new lending agency to rival the Japanese-controlled Asian Development Bank and other multilateral financial institutions such as the World Bank.
Teo, who is accompanied on his trip by Minister for Social and Family Development Chan Chun Sing, Senior Minister of State for Trade and Industry and National Development Lee Yi Shyan and Parliamentary Secretary for Social and Family Development Low Yen Ling, will meet Chinese Communist Party Organisation Department chief Zhao Leji today before leaving Beijing for Chongqing.
http://www.asianewsnet.net/news-62857.html?flv=1
Rachel Chang
The Straits Times
Publication Date : 29-07-2014
Singapore and China are exploring the possibility of a third government-to-government project after the Suzhou Industrial Park (SIP) and the Tianjin Eco-city.
The new joint venture was one of the topics discussed by deputy prime minister Teo Chee Hean and Chinese vice-premier Zhang Gaoli here yesterday at a meeting that lasted more than an hour.
Teo also "expressed Singapore's intent to accept China's invitation" to be a founding member of the Asian Infrastructure Investment Bank (AIIB), said the Singapore Ministry of Foreign Affairs (MFA) in a statement.
Teo is in China for the second Singapore-China Social Governance Forum and to meet Chinese leaders.
Zhang suggested a third joint venture last October, during a meeting of the high-level Joint Council for Bilateral Cooperation, which he and Teo co-chair.
The new project would be in a yet-to-be-decided site in the western region of China. While less developed than the country's coastal east, it is the focus of a big urbanisation and modernisation push by the Chinese government.
No other details of the new joint venture were available; the Singapore MFA would say only that Singapore officials have been visiting China's western cities in exploration of the proposal.
Singapore's first government- to-government project with China was the SIP, which marks its 20th anniversary this year. It was set up in eastern Jiangsu province in 1994.
Envisioned as a magnet for foreign investment and high-tech industries in Singapore's mould, the 288 sq km park now boasts investments from close to a hundred of the world's top 500 companies.
The 30 sq km Tianjin Eco-city, which broke ground in 2008, was conceived as a model of ecologically conscious urban design. It has 10,000 residents and the aim is to grow this to 350,000 by 2020.
But the two joint ventures have not been without controversy. The SIP's early years were marred by the Suzhou government (which had only a 35 per cent stake in it) promoting an alternative park to foreign investors.
The situation improved after the Singapore government reduced its stake from 65 per cent to 35 per cent in 2001.
Tianjin Eco-city has grown more slowly than expected, Singapore officials have acknowledged. The building of its transport infrastructure, essential in attracting residents, has been delayed.
During their meeting yesterday, Teo and Zhang discussed "how the AIIB can complement existing multilateral development banks, stay open and inclusive, and draw upon the best practices of existing multilateral development banks in terms of governance and operations", said MFA.
The China-led bank, which is expected to have an initial fund of US$50 billion mostly from China, is meant to finance infrastructure building in the region.
Analysts have said China's aim is for the new lending agency to rival the Japanese-controlled Asian Development Bank and other multilateral financial institutions such as the World Bank.
Teo, who is accompanied on his trip by Minister for Social and Family Development Chan Chun Sing, Senior Minister of State for Trade and Industry and National Development Lee Yi Shyan and Parliamentary Secretary for Social and Family Development Low Yen Ling, will meet Chinese Communist Party Organisation Department chief Zhao Leji today before leaving Beijing for Chongqing.
http://www.asianewsnet.net/news-62857.html?flv=1
cirr
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Deep and strong ties with China
Teo Chee Hean
The Straits TimesTuesday, Jul 29, 2014
Clean, green and well-planned, the Suzhou Industrial Park bears the imprint of its co-developer Singapore.
NEXT year, Singapore and China will celebrate 25 years of diplomatic relations. Our ties are deep and our cooperation is broad.
Last year, Singapore became China's top source of foreign investment with a total investment of US$7.33 billion (S$9.1 billion).
China became Singapore's largest trading partner with bilateral trade amounting to US$73.1 billion.
These figures are testament to the strength of our economic ties, and demonstrate Singapore's support for China's development and confidence in China's future.
Our bilateral engagement took off from the days of Mr Lee Kuan Yew and Mr Deng Xiaoping. Since then, generations of Singapore and Chinese leaders have built strong friendships. When Mr Deng visited Singapore in 1978, China was in the early stages of reform and opening up; industrialisation and economic development were major priorities.
In Singapore, Mr Deng saw a society that focused its energies on tackling these developmental challenges and found our experiences to be a useful reference for China.
Singapore was most willing to share our experiences, as we wanted China to succeed.
Thus, by the time formal diplomatic relations were established in 1990, relations were already very strong. Chinese officials were making frequent visits to Singapore to exchange notes with their Singapore counterparts. Realising that mutual learning would be best achieved through direct, hands-on cooperation, Mr Lee proposed that our two governments undertake a joint project of unprecedented scale and ambition - the Suzhou Industrial Park (SIP).
In the two decades since, the SIP has become a tremendous success. Today, it serves as a useful model of urban and industrial development that has been replicated in other cities across China, such as Nantong (Jiangsu), Suqian (Jiangsu), Chuzhou (Anhui) and Korgas (Xinjiang).
In 2008, Singapore and China embarked on a second major project in Tianjin with a focus on sustainable development. The objective of building an eco-city was to seek out a balanced approach to address social and environmental concerns while supporting economic growth. The Tianjin Eco- City (TEC) also focuses on software, on the economic, social and environmental policies that make a city sustainable, vibrant and liveable. Our goal is to build a city that fulfils three harmonies: social harmony, economic vibrancy and environmental sustainability.
The SIP and TEC are two flagship projects undertaken by the Singapore and Chinese governments.
In addition, there are a few other major projects established under the "private sectorled and government-supported concept". These include the Sino- Singapore Guangzhou Knowledge City, which aims to be a model and catalyst for economic upgrading and transformation; the Jilin Food Zone, which combines Singapore's experience in food safety and logistics with China's fertile natural resources and capabilities in agriculture; and the Singapore- Sichuan Hi-Tech Innovation Park, which supports China's Western Development Policy.
We continue to expand into new areas of economic and financial cooperation. Last year, Singapore became the first country outside Greater China to be designated as an offshore renminbi (RMB) clearing centre. As a major financial centre, we are pleased to play a role to support China's efforts to internationalise the RMB.
Recently, the People's Bank of China and the Monetary Authority of Singapore reached an agreement to introduce a pilot policy package that will facilitate cross-border RMB transactions.
This will give a boost to China's RMB internationalisation efforts, while adding a new dimension to our cooperation in the SIP and TEC.
Singapore-China relations go beyond economics. Though we may differ in size and have different political systems, we share a unique friendship founded on deep cultural linkages and strong people-to-people ties. Our two countries highly value the development of our human resources. In line with this common priority, we have embarked on extensive human resource development cooperation.
Over the past 20 years, close to 50,000 Chinese officials have visited Singapore to learn about our experiences.
There is also a growing stream of Singapore officials visiting China to learn from China and gain a better understanding of China.
Apart from bilateral cooperation, Singapore has always been a strong supporter of closer ASEAN-China relations. We have contributed to this in many ways.
The Singapore-China free trade agreement (FTA) concluded in 2008 paved the way for the subsequent China-ASEAN FTA, which has brought substantial benefits to the region. We are also working closely on the Regional Comprehensive Economic Partnership.
ASEAN and China share deep relations and multi-faceted interests which transcend any single issue.
While there are differences between some ASEAN countries and China over territorial claims, we encourage all parties concerned to manage the differences through dialogue and to resolve the disputes peacefully, in accordance with international law.
ASEAN looks forward to working with China to expeditiously conclude a Code of Conduct in the South China Sea. This will help to enhance mutual trust and promote peace and stability in our region, paving the way for another golden decade in ASEAN-China relations.
This is an excerpt from an article published in Cankao Xiaoxi, a Chinese-language paper published by China's state media agency Xinhua.
- See more at: Deep and strong ties with China, AsiaOne Asian Opinions News
Teo Chee Hean
The Straits TimesTuesday, Jul 29, 2014
Clean, green and well-planned, the Suzhou Industrial Park bears the imprint of its co-developer Singapore.
NEXT year, Singapore and China will celebrate 25 years of diplomatic relations. Our ties are deep and our cooperation is broad.
Last year, Singapore became China's top source of foreign investment with a total investment of US$7.33 billion (S$9.1 billion).
China became Singapore's largest trading partner with bilateral trade amounting to US$73.1 billion.
These figures are testament to the strength of our economic ties, and demonstrate Singapore's support for China's development and confidence in China's future.
Our bilateral engagement took off from the days of Mr Lee Kuan Yew and Mr Deng Xiaoping. Since then, generations of Singapore and Chinese leaders have built strong friendships. When Mr Deng visited Singapore in 1978, China was in the early stages of reform and opening up; industrialisation and economic development were major priorities.
In Singapore, Mr Deng saw a society that focused its energies on tackling these developmental challenges and found our experiences to be a useful reference for China.
Singapore was most willing to share our experiences, as we wanted China to succeed.
Thus, by the time formal diplomatic relations were established in 1990, relations were already very strong. Chinese officials were making frequent visits to Singapore to exchange notes with their Singapore counterparts. Realising that mutual learning would be best achieved through direct, hands-on cooperation, Mr Lee proposed that our two governments undertake a joint project of unprecedented scale and ambition - the Suzhou Industrial Park (SIP).
In the two decades since, the SIP has become a tremendous success. Today, it serves as a useful model of urban and industrial development that has been replicated in other cities across China, such as Nantong (Jiangsu), Suqian (Jiangsu), Chuzhou (Anhui) and Korgas (Xinjiang).
In 2008, Singapore and China embarked on a second major project in Tianjin with a focus on sustainable development. The objective of building an eco-city was to seek out a balanced approach to address social and environmental concerns while supporting economic growth. The Tianjin Eco- City (TEC) also focuses on software, on the economic, social and environmental policies that make a city sustainable, vibrant and liveable. Our goal is to build a city that fulfils three harmonies: social harmony, economic vibrancy and environmental sustainability.
The SIP and TEC are two flagship projects undertaken by the Singapore and Chinese governments.
In addition, there are a few other major projects established under the "private sectorled and government-supported concept". These include the Sino- Singapore Guangzhou Knowledge City, which aims to be a model and catalyst for economic upgrading and transformation; the Jilin Food Zone, which combines Singapore's experience in food safety and logistics with China's fertile natural resources and capabilities in agriculture; and the Singapore- Sichuan Hi-Tech Innovation Park, which supports China's Western Development Policy.
We continue to expand into new areas of economic and financial cooperation. Last year, Singapore became the first country outside Greater China to be designated as an offshore renminbi (RMB) clearing centre. As a major financial centre, we are pleased to play a role to support China's efforts to internationalise the RMB.
Recently, the People's Bank of China and the Monetary Authority of Singapore reached an agreement to introduce a pilot policy package that will facilitate cross-border RMB transactions.
This will give a boost to China's RMB internationalisation efforts, while adding a new dimension to our cooperation in the SIP and TEC.
Singapore-China relations go beyond economics. Though we may differ in size and have different political systems, we share a unique friendship founded on deep cultural linkages and strong people-to-people ties. Our two countries highly value the development of our human resources. In line with this common priority, we have embarked on extensive human resource development cooperation.
Over the past 20 years, close to 50,000 Chinese officials have visited Singapore to learn about our experiences.
There is also a growing stream of Singapore officials visiting China to learn from China and gain a better understanding of China.
Apart from bilateral cooperation, Singapore has always been a strong supporter of closer ASEAN-China relations. We have contributed to this in many ways.
The Singapore-China free trade agreement (FTA) concluded in 2008 paved the way for the subsequent China-ASEAN FTA, which has brought substantial benefits to the region. We are also working closely on the Regional Comprehensive Economic Partnership.
ASEAN and China share deep relations and multi-faceted interests which transcend any single issue.
While there are differences between some ASEAN countries and China over territorial claims, we encourage all parties concerned to manage the differences through dialogue and to resolve the disputes peacefully, in accordance with international law.
ASEAN looks forward to working with China to expeditiously conclude a Code of Conduct in the South China Sea. This will help to enhance mutual trust and promote peace and stability in our region, paving the way for another golden decade in ASEAN-China relations.
This is an excerpt from an article published in Cankao Xiaoxi, a Chinese-language paper published by China's state media agency Xinhua.
- See more at: Deep and strong ties with China, AsiaOne Asian Opinions News
Lux de Veritas
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Singapore is "regional financial center" (to be humble else I will say quasi global financial center). The value of Singapore is that she lies at the crossroad of East and West.
She is a crazy output of Great Game, sandwitch between China, the West (including Europe), Japan and Islam. All global financial center such as New York, London, Tokyo, Frankfurt, Shanghai and Hong Kong lies within the turf of great powers.
Singapore is a pretty unique place.
We have all sorts of funny people holing up here, from the elites of the west to the elites of China.
A lot of Indonesia mega rich put their families especially their wife and children in Singapore.
You go to our posh district, and it will not be surprising that you get to meet very powerful but annoymous people on this planet, all behaving like normal people.
She is a crazy output of Great Game, sandwitch between China, the West (including Europe), Japan and Islam. All global financial center such as New York, London, Tokyo, Frankfurt, Shanghai and Hong Kong lies within the turf of great powers.
Singapore is a pretty unique place.
We have all sorts of funny people holing up here, from the elites of the west to the elites of China.
A lot of Indonesia mega rich put their families especially their wife and children in Singapore.
You go to our posh district, and it will not be surprising that you get to meet very powerful but annoymous people on this planet, all behaving like normal people.
Hypersonicmissiles
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No need to have cooperation with a despotic regime that supports terrorists in Xinjiang.
cirr
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Robots rise in Guangdong manufacturing
2014-July-29 Source: Chinadaily.com.cn
Domestically produced robots are shown at an international expo in Guangzhou, Guangdong.
China aims to have a relatively well-developed industrial robot industry by 2020,
with three to five internationally competitive companies and eight to 10 supporting industrial clusters.
The passion for robots comes as Chinese businesses face pressure from a lack of manpower. A survey earlier this year showed a shortfall of 123,300 workers in the industrial southern Chinese heartland of Guangzhou, Guangdong Province. According to the province's human resources and social security bureau, it faced a shortfall of 80,000 laborers after the Spring Festival holiday, a time of high turnover among China's army of migrant laborers.
Guangdong has listed developing the robotics industry as priority on her agendas, while more than 30 cities have established production bases for robots.
Industrial robots are assuming more and more prominence in China as the country's manufacturing industry is stymied by a severe worker shortage and soaring labor costs.
China bought one fifth of the world's industrial robot output in 2013, overtaking Japan as the biggest buyer of such technology, according to statistics released by the China Robot Industry Alliance (CRIA) recently.
Some 36,860 industrial robots were sold in the Chinese market last year, up 36 percent on an annual basis, according to the CRIA.
Governments at various levels in China have announced new strategies to support the production and application of robots, hoping the technology can make businesses more profitable and steer local economic development.
Under the wing of governmental support, the fledgling market is gaining momentum in a variety of localities.
Production line composed by robots
Efficiency boost
As Chinese enterprises feel the pinch of the lack of affordable labor, the emergence of robots seems to offer an efficient way to ease the pain.
In the injection moulding factory of Gree Electric Appliances Inc. of Zhuhai in Guangdong, raw plastic is turned into components for air conditioners in an automated process. Robotic arms then place the finished parts on a conveyer belt, while robots also transport goods in the bustling factory.
Almost everything is done by robots, with only packaging left to be handled by human workers, slashing the number needed by the largest maker of home air conditioners in China while making the factory more efficient.
"Since we started to employ robots, the number of workers we hire is down by over 100 from more than 300, but our work efficiency has surged by 20 percent," said Cheng Hailiang, head of the factory.
The same craze for robots can be found in Guangdong's Dongguan City, dubbed the "Factory of the World." According to a government survey, 66 percent of the city's companies have purchased robots in the past five years.
Of those surveyed, 92 percent have plans to increase such investments or to begin using robots in production.
Rage against machines
While robots may have improved efficiency in manufacturing, they have also triggered concerns of declining employment opportunities.
Government statistics in Dongguan, Guangdong show that half of the companies employing industrial robots in the city have laid off workers, causing speculation that the industry is posing a threat to China's labor market. But that accusation is refuted by the companies themselves.
"The automation process may have seen some workers laid off, but it has also created a huge number of job vacancies for laborers skilled at controlling the robots," according to Dong Mingzhu, chairman of Gree.
The firm has hired more than 1,000 new recruits this year, and is training them to work in an automated factory. It has also re-trained 372 laborers already working there.
Ding Li, a research fellow with the Guangdong Academy of Social Sciences, believes it is essential for workers to gain new skills if they are to keep pace with what he calls "an intelligence revolution."
"The government should play an important role in training the laid-off workers to help them find jobs, while education departments should beef up human resources programs for the industry," Ding said.
Meanwhile, Wu Xinyu, a research fellow with the Chinese Academy of Sciences, sees robots' dirty work as actually benefiting the human workforce as "the chances of workers facing dangerous environments are lowered."
Robots in Dongguan'factory
Barriers to growth
Employment controversy is not the only hurdle in the way of growth of robotics. Industrial robots are expensive.
Of the 36,860 robots bought by Chinese enterprises last year, 9,597 came from domestic producers, while the remaining 73 percent were imported. Even robots classified as home-grown in fact rely on key imported component.
If China is to start producing more of its own robots (and lower costs in the process), it needs to get round a dearth of talent.
"We are in dire need of talented people that can provide solutions and help with system integration in factories," according to Liu Yihua, director-general of the Automation Society of Guangdong Province.
Just as the onus is on authorities to train staff to operate robots, Liu stresses that it is the responsibility of the government, colleges and companies to work together to cultivate personnel to design and produce the technology.
"China trails other countries in application of industrial robots in terms of the usage density, so there is huge market potential to be tapped," said Wu Xinyu.
Robots rise in Guangdong manufacturing Guangdong News www.newsgd.com
2014-July-29 Source: Chinadaily.com.cn
China aims to have a relatively well-developed industrial robot industry by 2020,
with three to five internationally competitive companies and eight to 10 supporting industrial clusters.
The passion for robots comes as Chinese businesses face pressure from a lack of manpower. A survey earlier this year showed a shortfall of 123,300 workers in the industrial southern Chinese heartland of Guangzhou, Guangdong Province. According to the province's human resources and social security bureau, it faced a shortfall of 80,000 laborers after the Spring Festival holiday, a time of high turnover among China's army of migrant laborers.
Guangdong has listed developing the robotics industry as priority on her agendas, while more than 30 cities have established production bases for robots.
Industrial robots are assuming more and more prominence in China as the country's manufacturing industry is stymied by a severe worker shortage and soaring labor costs.
China bought one fifth of the world's industrial robot output in 2013, overtaking Japan as the biggest buyer of such technology, according to statistics released by the China Robot Industry Alliance (CRIA) recently.
Some 36,860 industrial robots were sold in the Chinese market last year, up 36 percent on an annual basis, according to the CRIA.
Governments at various levels in China have announced new strategies to support the production and application of robots, hoping the technology can make businesses more profitable and steer local economic development.
Under the wing of governmental support, the fledgling market is gaining momentum in a variety of localities.
Efficiency boost
As Chinese enterprises feel the pinch of the lack of affordable labor, the emergence of robots seems to offer an efficient way to ease the pain.
In the injection moulding factory of Gree Electric Appliances Inc. of Zhuhai in Guangdong, raw plastic is turned into components for air conditioners in an automated process. Robotic arms then place the finished parts on a conveyer belt, while robots also transport goods in the bustling factory.
Almost everything is done by robots, with only packaging left to be handled by human workers, slashing the number needed by the largest maker of home air conditioners in China while making the factory more efficient.
"Since we started to employ robots, the number of workers we hire is down by over 100 from more than 300, but our work efficiency has surged by 20 percent," said Cheng Hailiang, head of the factory.
The same craze for robots can be found in Guangdong's Dongguan City, dubbed the "Factory of the World." According to a government survey, 66 percent of the city's companies have purchased robots in the past five years.
Of those surveyed, 92 percent have plans to increase such investments or to begin using robots in production.
Rage against machines
While robots may have improved efficiency in manufacturing, they have also triggered concerns of declining employment opportunities.
Government statistics in Dongguan, Guangdong show that half of the companies employing industrial robots in the city have laid off workers, causing speculation that the industry is posing a threat to China's labor market. But that accusation is refuted by the companies themselves.
"The automation process may have seen some workers laid off, but it has also created a huge number of job vacancies for laborers skilled at controlling the robots," according to Dong Mingzhu, chairman of Gree.
The firm has hired more than 1,000 new recruits this year, and is training them to work in an automated factory. It has also re-trained 372 laborers already working there.
Ding Li, a research fellow with the Guangdong Academy of Social Sciences, believes it is essential for workers to gain new skills if they are to keep pace with what he calls "an intelligence revolution."
"The government should play an important role in training the laid-off workers to help them find jobs, while education departments should beef up human resources programs for the industry," Ding said.
Meanwhile, Wu Xinyu, a research fellow with the Chinese Academy of Sciences, sees robots' dirty work as actually benefiting the human workforce as "the chances of workers facing dangerous environments are lowered."
Barriers to growth
Employment controversy is not the only hurdle in the way of growth of robotics. Industrial robots are expensive.
Of the 36,860 robots bought by Chinese enterprises last year, 9,597 came from domestic producers, while the remaining 73 percent were imported. Even robots classified as home-grown in fact rely on key imported component.
If China is to start producing more of its own robots (and lower costs in the process), it needs to get round a dearth of talent.
"We are in dire need of talented people that can provide solutions and help with system integration in factories," according to Liu Yihua, director-general of the Automation Society of Guangdong Province.
Just as the onus is on authorities to train staff to operate robots, Liu stresses that it is the responsibility of the government, colleges and companies to work together to cultivate personnel to design and produce the technology.
"China trails other countries in application of industrial robots in terms of the usage density, so there is huge market potential to be tapped," said Wu Xinyu.
Robots rise in Guangdong manufacturing Guangdong News www.newsgd.com
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Good. This is what we need to be a competitive advance country. Labor intensive manufacturing is not going to work forever. Chinese people need to start taking vocation training and learning education to operate these robots in the future.
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