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Chen Quanguo, former Secretary of the Tibet Autonomous Regional Committee of the Communist Party of China, has recently been appointed Party secretary of Xinjiang Uygur Autonomous Region. He is the first official to have held the top Party post in the two regions since the founding of the People’s Republic of China in 1949.
“Xinjiang’s development is especially important to China, so I feel proud and a heavy responsibility on my shoulders,” Chen said, adding that he is confident of ensuring Xinjiang’s stability and continued growth.
Chen, 60, hails from central China’s Henan Province. He joined the army in 1973. After retiring from the military, he studied at Zhengzhou University in Henan. He worked his way up from a township-level official in Henan to vice governor of the province, a post he held from 1998 to 2001. He later became governor of Hebei Province before being named Party chief of Tibet in 2011.
Cracking Down on Telecom Fraud
Guangming Daily August 29
A recent telecom scam has once again underlined the importance of personal information protection. Xu Yuyu, an 18-year-old collegebound student in Linyi City, east China’s Shandong Province, died due to cardiac arrest after being cheated out of her 9,900 yuan($1,482) college fund by fraudsters. Several other college students have also recently fallen victim to such deception.
Telecom fraud has become increasingly rampant in recent years. According to a report the Beijing Municipal Public Security Bureau published at the end of last year, telecom scams involve at least 1.6 million people and generate over 110 billion yuan ($16 billion) annually. Xu’s tragic death underscores the urgency of tackling the problem.
Fraudsters usually gain victims’ trust by providing their exact personal information including name, date of birth, ID number, and home address. To deter the leaking of personal information, a legal framework must be put in place as soon as possible.
To further gain victims’ trust, some swindlers pretend to be staff members of certain government departments. To prevent this from happening, authorities should inform the public of their official channels to publish information.
Xu’s tragedy should not have happened and shouldn’t be repeated. A thorough investigation into the case is expected to result in more effective efforts to combat the dark telecom fraud industry and better protect citizens’ rights.
Promoting the Big Data Industry Outlook Weekly August 29
Big data is becoming increasingly important. It provides a basis and technological support for formulating public policies and therefore strengthens the government’s ability to govern. It is especially essential to departments responsible for devising economic strategy, as it enables them to grasp the macroeconomic situation and formulate more effective policies.
Big data also has a significant impact on people’s lives. In the medical field, for instance, it can help efforts to prevent chronic diseases and increase the efficiency of medical insurance services.
In recent years, the big data industry has boomed in China, and big data trading platforms are being established in various locations. According to estimates, China’s big data market will be worth over 6 billion yuan ($899 million) in 2016 and more than 50 billion yuan ($7.5 billion) by 2020.
Although China has rich big data resources, largely they have yet to be activated owing to the lack of uniform standards, sound regulatory mechanisms as well as a fully-fledged trading system.
Moreover, the supply of big data cannot meet the huge demand. On the one hand, government departments and public institutions are reluctant or don’t know how to share the large volume of data they possess. On the other hand, information leakage and the illegal trading of citizens’ personal information have triggered widespread concerns.
To clear the obstacles for the development of the nation’s big data industry, barriers between different sectors should be broken down in order to facilitate the smooth flow of data. Data trading standards should be formulated in accordance with international conventions. In addition, laws and regulations governing the industry should be drafted to provide a legal basis for its development.
Improving the Logistics Industry’s Efficiency
People’s Daily August 29
Logistics is a basic and strategic industry and an indispensable component of the economy. Improving logistics can accelerate the circulation of commodities, reduce storage and transportation costs, accelerate capital turnover, and thereby improve business efficiency.
China’s logistics market, the world’s largest, accounted for 18.6 percent of the international business volume in 2013, exceeding the United States’ 15.8-percent share. Although China’s market is huge, the industry’s efficiency is less than satisfactory. Logistics expenses in China reached 10.6 trillion yuan ($1.6 trillion) in 2014, making up 16.6 percent of national GDP that year. Logistics expenses in the United States, meanwhile, accounted for just 10 percent of the country’s GDP in the same year. To improve efficiency in the industry, greater importance should be attached to the construction of warehouses and logistics distribution centers, which should be situated near transportation and commercial hubs in order to organize the transportation of raw materials and products more efficiently.
Moreover, logistics companies should receive more support. For instance, the government could build logistics centers and lease them to enterprises, or it could support their construction by providing low-interest or zero-interest loans. It could also reduce or remove some taxes imposed on logistics companies.
AIRCRAFT ENGINE PIONEER
Cao Jianguo, Chairman of the newly established Aero Engine Corp. of China, has vowed to develop aircraft engines with a coordinated and open approach. The company, which had been in the making over the previous months, was officially launched on August 28.
As a state-owned enterprise under the administration of the Central Government, the company has a registered capital of 50 billion yuan ($7.5 billion) and 96,000 employees. Aircraft engines are some of the most complicated electromechanical engineering systems, which only a handful of countries are capable of manufacturing.
Cao, 53, holds a bachelor’s degree in automatic control from Beihang University and a master’s degree in aircraft navigation control systems from the Third Academy of China Aerospace Science and Industry Corp. (CASIC). He worked with CASIC for more than two decades and became its president in 2013. He was appointed chairman of Aero Engine Corp. of China in March this year.
“Any economic strategy that ignores China or treats that valuable relationship as anything less than critical and important is not just short-sighted, it is irresponsible.”
Canadian Prime Minister Justin Trudeau, highlighting economic cooperation with China in a dialogue with Chinese entrepreneurs in Beijing on August 30 during his first official visit to China
“Since movie stars’ exorbitant remuneration has caused a public outcry and is believed to worsen income disparities, a new law is needed.”
Dong Zhongyuan, a member of the Standing Committee of the National People’s Congress, the country’s top legislature, calling for legislation to curb film stars’ earnings, which usually take up half of a movie’s budget, on August 29
“Terrorism is the common enemy for the international community, posing the gravest threat to countries in the region.”
Foreign Ministry spokeswoman Hua Chunying, condemning the terrorist attack on the Chinese Embassy in Kyrgyzstan on August 30 at a news briefing in Beijing
“The main problem lies in the lack of specialists in disability rehabilitation.”
Zhang Haidi, Chairwoman of the China Disabled Persons’ Federation, pledging to improve services to people with disabilities by establishing a dedicated university to train specialists at a press conference on August 31
“Xinjiang’s development is especially important to China, so I feel proud and a heavy responsibility on my shoulders,” Chen said, adding that he is confident of ensuring Xinjiang’s stability and continued growth.
Chen, 60, hails from central China’s Henan Province. He joined the army in 1973. After retiring from the military, he studied at Zhengzhou University in Henan. He worked his way up from a township-level official in Henan to vice governor of the province, a post he held from 1998 to 2001. He later became governor of Hebei Province before being named Party chief of Tibet in 2011.
Cracking Down on Telecom Fraud
Guangming Daily August 29
A recent telecom scam has once again underlined the importance of personal information protection. Xu Yuyu, an 18-year-old collegebound student in Linyi City, east China’s Shandong Province, died due to cardiac arrest after being cheated out of her 9,900 yuan($1,482) college fund by fraudsters. Several other college students have also recently fallen victim to such deception.
Telecom fraud has become increasingly rampant in recent years. According to a report the Beijing Municipal Public Security Bureau published at the end of last year, telecom scams involve at least 1.6 million people and generate over 110 billion yuan ($16 billion) annually. Xu’s tragic death underscores the urgency of tackling the problem.
Fraudsters usually gain victims’ trust by providing their exact personal information including name, date of birth, ID number, and home address. To deter the leaking of personal information, a legal framework must be put in place as soon as possible.
To further gain victims’ trust, some swindlers pretend to be staff members of certain government departments. To prevent this from happening, authorities should inform the public of their official channels to publish information.
Xu’s tragedy should not have happened and shouldn’t be repeated. A thorough investigation into the case is expected to result in more effective efforts to combat the dark telecom fraud industry and better protect citizens’ rights.
Promoting the Big Data Industry Outlook Weekly August 29
Big data is becoming increasingly important. It provides a basis and technological support for formulating public policies and therefore strengthens the government’s ability to govern. It is especially essential to departments responsible for devising economic strategy, as it enables them to grasp the macroeconomic situation and formulate more effective policies.
Big data also has a significant impact on people’s lives. In the medical field, for instance, it can help efforts to prevent chronic diseases and increase the efficiency of medical insurance services.
In recent years, the big data industry has boomed in China, and big data trading platforms are being established in various locations. According to estimates, China’s big data market will be worth over 6 billion yuan ($899 million) in 2016 and more than 50 billion yuan ($7.5 billion) by 2020.
Although China has rich big data resources, largely they have yet to be activated owing to the lack of uniform standards, sound regulatory mechanisms as well as a fully-fledged trading system.
Moreover, the supply of big data cannot meet the huge demand. On the one hand, government departments and public institutions are reluctant or don’t know how to share the large volume of data they possess. On the other hand, information leakage and the illegal trading of citizens’ personal information have triggered widespread concerns.
To clear the obstacles for the development of the nation’s big data industry, barriers between different sectors should be broken down in order to facilitate the smooth flow of data. Data trading standards should be formulated in accordance with international conventions. In addition, laws and regulations governing the industry should be drafted to provide a legal basis for its development.
Improving the Logistics Industry’s Efficiency
People’s Daily August 29
Logistics is a basic and strategic industry and an indispensable component of the economy. Improving logistics can accelerate the circulation of commodities, reduce storage and transportation costs, accelerate capital turnover, and thereby improve business efficiency.
China’s logistics market, the world’s largest, accounted for 18.6 percent of the international business volume in 2013, exceeding the United States’ 15.8-percent share. Although China’s market is huge, the industry’s efficiency is less than satisfactory. Logistics expenses in China reached 10.6 trillion yuan ($1.6 trillion) in 2014, making up 16.6 percent of national GDP that year. Logistics expenses in the United States, meanwhile, accounted for just 10 percent of the country’s GDP in the same year. To improve efficiency in the industry, greater importance should be attached to the construction of warehouses and logistics distribution centers, which should be situated near transportation and commercial hubs in order to organize the transportation of raw materials and products more efficiently.
Moreover, logistics companies should receive more support. For instance, the government could build logistics centers and lease them to enterprises, or it could support their construction by providing low-interest or zero-interest loans. It could also reduce or remove some taxes imposed on logistics companies.
AIRCRAFT ENGINE PIONEER
Cao Jianguo, Chairman of the newly established Aero Engine Corp. of China, has vowed to develop aircraft engines with a coordinated and open approach. The company, which had been in the making over the previous months, was officially launched on August 28.
As a state-owned enterprise under the administration of the Central Government, the company has a registered capital of 50 billion yuan ($7.5 billion) and 96,000 employees. Aircraft engines are some of the most complicated electromechanical engineering systems, which only a handful of countries are capable of manufacturing.
Cao, 53, holds a bachelor’s degree in automatic control from Beihang University and a master’s degree in aircraft navigation control systems from the Third Academy of China Aerospace Science and Industry Corp. (CASIC). He worked with CASIC for more than two decades and became its president in 2013. He was appointed chairman of Aero Engine Corp. of China in March this year.
“Any economic strategy that ignores China or treats that valuable relationship as anything less than critical and important is not just short-sighted, it is irresponsible.”
Canadian Prime Minister Justin Trudeau, highlighting economic cooperation with China in a dialogue with Chinese entrepreneurs in Beijing on August 30 during his first official visit to China
“Since movie stars’ exorbitant remuneration has caused a public outcry and is believed to worsen income disparities, a new law is needed.”
Dong Zhongyuan, a member of the Standing Committee of the National People’s Congress, the country’s top legislature, calling for legislation to curb film stars’ earnings, which usually take up half of a movie’s budget, on August 29
“Terrorism is the common enemy for the international community, posing the gravest threat to countries in the region.”
Foreign Ministry spokeswoman Hua Chunying, condemning the terrorist attack on the Chinese Embassy in Kyrgyzstan on August 30 at a news briefing in Beijing
“The main problem lies in the lack of specialists in disability rehabilitation.”
Zhang Haidi, Chairwoman of the China Disabled Persons’ Federation, pledging to improve services to people with disabilities by establishing a dedicated university to train specialists at a press conference on August 31