Junk & Off-topic posts

[Brainsucker]

congrat

 

[Jlaw]

Can Big Data Cure China’s Health Woes?
Sixth Tone - Cai Yiwen
Jun 28, 2016

China is pushing ahead with plans to increase data sharing between hospitals to improve the country’s health care system.

In what experts have described as a significant breakthrough, the State Council, or China’s cabinet, is calling for the development of a national platform that would allow the country’s medical and health care institutions to connect with one another and share patient data and other medical information.

The State Council-issued guidelines also encourage a greater development role for “socially innovative forces” — typically interpreted to mean startups and other internet-based health care companies.

China hopes to extend affordable and high-quality health care to all citizens by the end of this decade, a goal the World Health Organization has described as “one of the most ambitious” such health-related undertakings in the world.

Yet considerable barriers remain in achieving this target, including low standards for health care available to patients in the towns and smaller cities of China’s heartland.

This means that when people in these rural areas become ill, they often avoid local hospitals and rush instead in large numbers to big hospitals in provincial capitals. Some even venture to the more developed coastal cities such as Beijing and Shanghai in pursuit of what they see as higher quality medical care.

This puts a huge strain on the country’s hospital system. In addition to being costly and inefficient, traveling large distances to big hospitals for health care can also be ineffective.

Experts say technology and greater data sharing have the potential to significantly enhance the quality of care available to Chinese. For example, they offer patients in rural areas the chance to access some of the best doctors and specialists through telemedicine, a process whereby consultations can be made via satellite or internet connections between hospitals in the countryside and major hospitals in larger cities and major metropolitan areas.

In recent years, more internet companies have begun to participate in the medical and health care market in China. A number of health care websites and apps, such as Chunyu Doctor, We Doctor, and Dingxiang Doctor, have been created to help patients book appointments with doctors or find doctors online.

According to data from iiMedia Research Group, China's mobile health care market has grown 44.7 percent, from 2.95 billion yuan (around $444 million) in 2014 to 4.27 billion yuan in 2015.

Last year, China’s first “internet hospital” was established in Wuzhen, in eastern China’s prosperous Zhejiang province. The hospital is as an online platform that assists patients in finding doctors online and in booking appointments with them; it also acts as a communications link between large public hospitals and hospitals in rural or smaller cities.

Up until now, limited access to patient data has been a big obstacle for the proliferation of internet health care in China. That’s because many public hospitals are not willing to share their information with third parties, including internet health care companies, which consequently find it difficult to expand.

Despite rapid development last year, many internet health care companies still cannot make a profit and are struggling to survive, according to Zhao Heng, an expert in health care policy and founder of the medical and health consultancy Latitude Health.

But the new State Council guidelines offer hope. “This is not just good news; it is a critical breakthrough,” said Liao Jieyuan, CEO of internet health care company We Doctor. Liao said that while hospitals have a wide variety of documents — items such as medical histories and checkup results — stored in their computer systems, such records are “just isolated islands of information” without a link between the systems.

Regardless of its good intentions, China still has a long way to go. Gong Yihua, president of Jointown Pharmaceutical Group, said during a workshop at an internet health care conference in Wuzhen last weekend that the use of big data in the medical field is still immature in China, and that the lack of a robust database of medical information must be addressed.

“You can’t tell anything from the data [in its current state], and it’s very hard to imagine it being used as an effective tool,” he told participants from the medical and information technology sectors. “It’s going to take a long time to come up with a good system.”

Zhao of Latitude Health also described China’s medical data as “fragmented” and “unsystematic.” He said one step toward successfully tapping information technology to promote a better health care system was to establish a systematic way of gathering data.

Persuasion, too, will be an important tool: “The point is to push public hospitals to share their data,” he said.

Another way China can tackle health issues are to make cigarettes and alcohol more expensive and punish companies that liberally put cancer causing agents in packaged goods, etc.

The best healthcare starts with prevention.

China cyberspace regulator bans fake news
2016-07-04

A villager expresses anger over an article, which falsely described the village as a corrupted place in Baoshi village, northeast China’s Liaoning province, on February 23, 2016. [Photo: Xinhua]

The Cyberspace Administration of China (CAC) is cracking down on fake online news and false coverage, the People's Daily reported on July 3.

The CAC has released a notification requiring media outlets to provide real, objective, and impartial coverage by improving news production procedures and internal checking mechanisms.

It is also mandating local cyberspace regulators to tighten up their supervision, to avoid distorted news coverage based on rumor or speculation.

This year, the CAC has punished many major media outlets including sina.com and ifeng.com for disseminating fake news, following a series of false coverage scandals. Websites involved disposed of the public accounts responsible for the false information.

The CAC is also encouraging netizens to participate in the supervision of fake news.

What about punishing foreign news outlet for fake news about China.

 

[rcrmj]

I hope any future encounter aliens arent having the habit of perfecting the art of killing each other```! I hope they will be a real civilized and cultured bunch

 

[dy1022]

 

[X-2.]

https://twitter.com/x/status/777045862405042180

 

[AndrewJin]

The people of Australia even support Pauline Hansen. Why surprised?

 

[my2cents]

Congrats China! You have reached a new miles stone with this inclusion. It will be just matter of time world adopts and embraces your currency.

 

[AndrewJin]

Yes.

========
China vows further financial reforms after RMB's SDR inclusion
2016-10-01 09:43 | Xinhua | Editor: Li Yan

China's central bank said Saturday that the country will continue to push financial reforms and market opening after the inclusion of its currency renminbi into the International Monetary Fund's (IMF) Special Drawing Right (SDR) currency basket.

The IMF on Friday announced the launch of the new SDR basket including the yuan, effective from Sunday, saying it was a "historic milestone" for China, the IMF and the international monetary system.

China welcomes the move, which will strengthen the representativeness, stability and attraction of the SDR while advancing the reform of the international monetary system, the People's Bank of China said in a statement on its website.

Inclusion of the renminbi, or the yuan, into the SDR represents a milestone in the internationalization of the yuan and a recognition of China's progress in economic development as well as financial reforms and opening up, the central bank said.

The SDR is an international reserve asset created by the IMF in 1969 to supplement its member countries' official reserves. It can be exchanged among governments for freely usable currencies in times of need.

Last November, the IMF decided to include the yuan in the SDR basket as a fifth currency, effective Oct. 1, 2016.

It's a compromise....
RMB is included in SDR, yes, good news....But challenging the current rigid financial regime should continue.

 

[AndrewJin]

The road is terrible....
I was there....2 lanes.....

 

[Kyle Sun]

View attachment 348588

The cross-border interbank payments system (CIPS) launched by the Chinese central bank on 8 October 2015 has made it much easier for correspondent banks to execute payment instructions on behalf of clients participating in cross-border transactions denominated in renminbi (RMB). The fact that CIPS has also adopted the ISO 2022 international payments messaging standard is now facilitating the widening of the cross-border connectivity of CIPS, not only with other payments market infrastructures (PMIs), but with correspondent banks around the world as well. All the speakers in a session on CIPS at Sibos in Geneva on 26 September 2016[1] agreed that the use of global messaging standards by the new infrastructure is increasing RMB transaction volumes and accelerating the evolution of the RMB into a major global currency.

The first anniversary of the launch of the cross-border interbank payments system (CIPS) in China has just passed. Its adoption of global payments messaging standards is now set not only to accelerate the growth of CIPS, but to further internationalise the renminbi (RMB).

CIPS was launched in October 2015 by the People’s Bank of China (PBOC), and has since seen 27 direct participants and almost 400 indirect participants begin to use the system. Daily transaction volumes are around RMB 40 billion.

A catalyst for the growth in the number of participants using CIPS has been the memorandum of understanding (MoU) agreed between CIPS and SWIFT, and signed in Beijing in March this year. The MoU is helping the new payment system to integrate with the global banking community.

To showcase the progress of CIPS since it penned the agreement with SWIFT, leading experts from the Chinese payments sector gathered at Sibos to explain current and future developments, in the context of the ongoing internationalisation of the RMB.

From a practical perspective, a key priority is to ensure CIPS is inter-operable with international banks and payment market infrastructures (PMIs) through adoption of recognised processes and protocols.

“CIPS is working with SWIFT to update its user manual,” said Xin Zhang, General Manager, China International Payments Service Corporation.

“We will evolve it into a comprehensive CIPS Rulebook which covers the standardised CIPS ISO 20022 messaging practices, the latest e-version of the Chinese Commercial Code (e-CCC) table, as well as the RMB payment routing reference data. Very importantly, we are also working on leveraging the SWIFT network to connect more overseas participants and enhancing our global RMB transaction data analysis platform.”​

Read more and download the PDF file at https://www.swift.com/insights/news/cips-accelerates-the-internationalisation-of-the-rmb

Damn, uncle sam will do what they did to Saddam who decided to trade oil in euro.

 

[Beast]

Damn, uncle sam will do what they did to Saddam who decided to trade oil in euro.

WMD and USA will fought all the way to Beijing and declared "Mission Accomplish"

 

[beijingwalker]

MEGA CONTAINER SHIP passing Hong Kong to China - 4K Timelapse

Published on 28 Mar 2016
Tour of the Mega Container Ship
A Mariner's Timelapse
Mega containership OOCL Atlanta passing Tsing Ma Bridge, Hong Kong

 

[randomradio]

Like a video game, quite entertaining.

 

[Beidou2020]

Excellent work.

Crude oil pricing influence is very important. So is gold pricing.