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Showing posts with label Innovation. Show all posts
Showing posts with label Innovation. Show all posts

Monday, November 28, 2022

Shenzhou-15 crew to visit China Space Station, conduct 1st crew handover in orbit in China’s space history

 
 

 

 

The line-up of three taikonauts for Shenzhou-15 manned spaceflight mission,Zhang Lu,Fei Junlong,and Deng Qingming(from left to right). Photo: VCG

The line-up of three taikonauts for Shenzhou-15 manned spaceflight mission, Zhang Lu, Fei Junlong, and Deng Qingming (from left to right). Photo: VCG

China on Monday unveiled the line-up of three taikonauts for Shenzhou-15 manned spaceflight mission that is set to be launched on Tuesday night. The trio led by mission commander Fei Junlong with two space newcomers Deng Qingming and Zhang Lu are going to conduct a direct handover in orbit with the Shenzhou-14 crew at the China Space Station in construction, which shall mark a first in China's aerospace history. 

The upcoming Shenzhou-15 crewed spaceflight mission is not only the anchor-leg launch mission at the China Space Station construction stage, but also is the first one to embark on the next operational stage, Fei, the 57-year-old veteran taikonaut who visited the space as the mission commander in the China's Shenzhou-6 mission in 2005, remarked at a press conference on Monday at the Jiuquan Satellite Space Launch Center in Northwest China's Gansu Province. 

The crew will carry out more experiments in orbit, operate, maintain and repair relevant equipment and above all execute even more challenging extravehicular activities, or known as spacewalks, with more complicated paths to take on, Fei said on Monday.

The Shenzhou-15 crew has undergone great amount of specific training, which made them very confident to deliver all the set goals and to successfully complete their space run, Fei said. 

Deng Qingming, 56, is among the first batch of taikonauts trained in China that includes the country's first astronaut Yang Liwei and also his mission commander Fei in the Shenzhou-15 mission. He has served as a backup for nearly 25 years, in missions such as the Shenzhou-9 and 10, but never got the chance to fly. This will be his first time ever in space. 

Zhang Lu, 46, also a new face, was selected in the second batch of taikonauts trained in China in 2010. 

Mission insiders told the Global Times on Monday that the two crews of six taikonauts will carry out the space station handover in a face-to-face manner for the first time in the country's manned space history and that is not only of symbolic significance but also carries great practical values to the overall development of the country's first permanent space outpost.

Sources with China's astronaut training system, told the Global Times on Monday that such feat would enable the predecessor Shenzhou-14 to introduce and share what their work and life would be like inside the space station with the new Shenzhou-15 crew directly, boosting the continuity and efficiency of the handover.

It would also help save the resources to set the space station combo from occupied state to unoccupied one and then back again. And the handover will be more target-oriented, especially for those ongoing experiments and space station maintenance work, the sources said. 

Having six taikonauts simultaneously onboard the China Space Station in construction, would also verify its performance under the full load condition, which would lay groundwork for future tasks where more payload technicians are needed for more complicated experiments, Song Zhongping, a space watcher and TV commentator, told the Global Times.   

By plan, the handover will last for a week or so, and after that, Shenzhou-14 crew will return to the Dongfeng landing site on Earth. 

As the temperature drops to somewhere near minus 20 C in Jiuquan around this time of the year, the launch of Shenzhou-15, which is via a Long March-2F rocket from the Jiuquan center, also faces a special challenge of extremely low temperature.

According to the China Academy of Launch Vehicle Technology (CALT), the developer of the Long March-2F rocket, Shenzhou spacecraft had only been launched twice in unscrewed condition during the Shenzhou-1 and 4 missions in late November. Shenzhou-15 would be first one to be carried out with taikonauts onboard in the cold weather. 

However, the CALT explained that they have taken such unique challenge into consideration. They have also confirmed the two sets of the temperature system inside the rocket's nose cone, to make sure that the temperature of the propellant of the return and propelling module meets the launch condition. 

Major tasks of Shenzhou-15 mission

Major tasks of Shenzhou-15 mission

To-do list 

At a press briefing on Monday at the Jiuquan Satellite Launch Center, Ji Qiming, assistant to the China Manned Space Agency (CMSA) director, said that Shenzhou-15 is the final launch during the construction phase of China Space Station, as well as the opening of the application phase of the station. 

They will stay in space for six months and return to the ground in May next year. The main objectives of the mission include verifying the space station's ability to support crew rotation and achieving the first in-orbit handover with the Shenzhou-14 members. 

According to the mission plan, the Shenzhou-15 spacecraft will conduct a fast, automated rendezvous and docking with the space station combo at Tianhe core module's front port and then form a new combo of three space crafts and three modules. 

It will be the largest structure of the China Space Station to date with a total mass of nearly 100 tons. 

Major works across the Shenzhou-15 are categorized into six aspects, including the verification of long-term stays in the space station combo, the unlocking, installation and testing of 15 science experiment cabinets and carrying out more than 40 experiments in the fields of space science research and applications, space medicine and space technology, among others. 

They will conduct three to four extravehicular activities during the mission to complete extension pump set and platform equipment onboard the Mengtian lab module. 

The Shenzhou-15 crew will also verify the exiting of cargo airlock cabin and complete six cargo exiting tasks in cooperation with the ground. They will witness the arrival of the Tianzhou-6 cargo craft and Shenzhou-16 manned spaceship. They will also have a work handover with the Shenzhou-16 crew in orbit.

Open for cooperation

After Mengtian lab module conducted successful transposition in orbit at 9:32 am on November 3, China Space Station has completed its T-shape basic structure assembly in orbit. China has conducted 11 space launches with perfect success rate within 20 months at the space station construction stage and the China Space Station is set to become operational within 2022.

Zhou Jianping, chief designer of China's manned space program, told the Global Times that the life support system of the China Space Station is one of the most advanced innovations onboard and shows China's space strength. 

Without the home developed life support system, the crew of three taikonauts would need to consume supplies weighing around 8 tons a year. But now it takes only 400 kilograms, as 95 percent of the supplies including oxygen and water, could be obtained with the help of the life support system, Zhou said. 

In addressing international cooperation as it related to the space station, Ji from the CMSA said a number of space science application projects China jointly selected with UNOOSA and ESA are being implemented as planned, and the relevant payloads will begin to enter the Chinese space station next year.

"We have always welcomed astronauts from other countries to enter the China Space Station to conduct experiments. We have received requests from several countries to send astronauts to participate in our space station missions, and we are coordinating with relevant parties and actively preparing for the training of foreign astronauts," Ji said.

On November 1, Zhao Lijian, a spokesperson with the Chinese Foreign Ministry, responded to media inquiries upon the successful docking of Mengtian space lab, the third and final part of China Space Station's three-module structure earlier that day, by saying that China always relies on its own capabilities in its manned space program, and at the same time actively engages the world. 

China's Space Station is the first of its kind to be open to all UN member states. So far a number of science experiment projects from 17 countries including Switzerland, Poland, Germany and Italy have been included in the selected projects of China Space Station, Zhao said. 

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Thursday, October 20, 2022

China’s quality development is profoundly smooth, steady

 


China's economy is stable and on the rise.

During the ongoing 20th National Congress of the Communist Party of China (CPC), an official in charge of the National Development and Reform Commission said at a press conference that judging from the current situation, China's economy rebounded significantly in the third quarter, and from a global perspective, China's economic performance is still remarkable. Although affected by changes in the domestic and external environment, there are still some outstanding contradictions and problems in the current economic operation. However, China has a population of more than 1.4 billion and coupled with basic conditions such as a complete industrial system and a comprehensive industrial chain, "China's economic stabilization and improvement will be further consolidated."

We have noticed that the assessments that some well-established international agencies made recently on China's economy coincide with China's own remarks. A well-known consulting agency said that most preliminary economic data indicated that China's economy recovered in the third quarter. Experts from the Economist Intelligence Unit also believe that compared with the economic difficulties of various countries in the world, "China has some unique advantages at the moment," which enables China's economy to maintain positive growth even when faced with great internal and external pressure.

Of course, when people pay attention to and discuss China, there are also negative and pessimistic arguments, and some even regard China's development and security, government and market, openness and independence as contradictory to each other. Part of it comes from taking wishful thinking as fact, because it has long been "standard configurations" for some US and Western public opinion to downplay China; at the same time, part of it results from looking at "speed" with the outdated thinking and vision, without understanding the deep logic of China's high-quality development.

If we observe the Chinese economy from the perspective of quality development, we will look through the complicated and indistinguishable superficial information to see the ongoing evolution and the improvement of the Chinese economy. In recent years, although the growth rate of China's economy has declined a bit compared with some periods in the past, its economic structure has been continuously optimized and its development momentum has been enhancing. In particular, the development speed of high-tech industries is equal to doubling the average development speed of the entire industry. Some major technological fields have made their ways to the global frontier, transformed by innovation-driven factors instead of the factors such as land, capital and labor in the past. At the same time, the energy consumption per unit of GDP has continued to decline. The sky is bluer, the mountains are greener, and the water is clearer. Although facing some temporary challenges and difficulties, China has enhanced its ability to overcome difficulties in its economy. 

Illustration: Chen Xia/GT

Illustration: Chen Xia/GT 

The report to the 20th CPC National Congress stressed that "To build a modern socialist country in all respects, we must, first and foremost, pursue high-quality development." If the Chinese people are to live a better life and the Chinese nation is to realize its great rejuvenation, maintaining economic growth is of course very necessary. At the same time, the Chinese people have a broader and more comprehensive understanding of growth. And high-quality development is a new concept in which "innovation is the primary driver, coordination is an endogenous trait, eco-friendly growth prevails, openness to the world is the only way, and shared growth is the ultimate goal." This is also China's proactive pursuit of following the laws of economic development, adapting to changes in major social contradictions, and maintaining sustainable and sound economic development.

Compared with the past, China now puts more emphasis on maintaining national security, because the global security situation today has become more complicated, especially when the US is fanning flames and creating geopolitical crises everywhere and treating China as its No.1 strategic competitor. Against the backdrop of a sudden increase in external risks and a more insecure world, where can development come from without the overall favorable environment of national security? Some US and Western public opinions have deliberately put development on the opposite side of security, simply because in their hearts, they do not want China to be secure, nor do they want China to grow and develop.

The giant ship of China has always pointed to a determined direction, never going off its course nor turning around. In the new era, the CPC, in accordance with the changes in reality at home and abroad, has taken precautions and foresight to extend and develop the experience summed up in the past decades, and then has established a new development concept and strategic plan, which is coherent and consistent with the past development direction.

One thing that is absolutely certain is that China cannot copy the Western model for its development, and anyone expecting China to follow that path is bound to feel disappointed and will complain that "China has changed." But in fact it's not China that has changed. Instead, it is that they have made a wrong judgment from the very beginning; it can even be said that those who have been bad-mouthing China are disappointed, which just shows that China has done the right thing.

Although China is already the second largest economy in the world, its per capita income is still far behind that of developed countries, which means greater economic growth space.

Implementing the spirit of the report to the 20th CPC National Congress, insisting that development is the "first priority" and high-quality development as the "primary task," we have ample reasons to maintain confidence in the Chinese economy. 

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Friday, May 20, 2022

US cannot stop China’s hi-tech rise

China’s search for technological mastery will succeed because it is essentially replicating the actual history of the economics and policies that led the United States to technological dominance, rather than the ideological history of what many Americans believe lies behind their success

For years, American policymakers and pundits have believed China’s search for technological mastery or supremacy is doomed to fail or at least be consigned forever to mediocrity and also-ran status. This belief lies behind the strategy, first put forward by the Donald Trump administration, and now followed by Joe Biden’s White House, to restrict or ban the transfer of crucial technologies, notably the most advanced semiconductors and their production methods.

And yet, paradoxically, China is bound to succeed, despite the inevitable hiccups and setbacks, because it is essentially replicating the actual history of the economics and policies that led the United States to technological dominance, rather than the ideological history of what many Americans believe lies behind their success.

They have applied their own ideological models to predict China’s supposedly “inevitable” failure, instead of using their own actual history of American technology and science, and economic policy, to analyse China’s development and acquisition of key technologies in the 21st century.

This is perhaps not surprising. Rich, powerful and successful people usually tell a different story about how they get to where they are to what actually happened to them. It’s human nature.

China’s Great Firewall

It’s generally believed that free enterprise is the necessary and sufficient condition for hi-tech industries. This means: the free flow of information and talent; open market; no or minimal government intervention, also called deregulation; and intellectual property rights protection. It’s believed only the market can choose winners and eliminate the losers, and that any state attempt to choose “national champions” is bound to fail and to be wasteful.

China’s so-called Great Firewall of the internet stands as both an actual barrier and a potent symbol that is antithetical to all those fundamental neoliberal assumptions, which, granted, are being increasingly challenged and even undermined, even among some US professional economists and historians. However, if you believe in all those assumptions, you of course will logically argue that China is bound to fail. But is it?

Let’s consider the historical reference: the Great Wall of China. It has been alternately argued that it was built to resist foreign invaders, and/or to keep in the domestic population. Either way, it was too porous to be truly effective.

A piece of Web3 tech helps banned books through the Great Firewall’s cracks 16 Apr 2022

The same argument has often been made about the ineffectiveness and absurdity of the Great Firewall. Many Chinese households can just get a VPN and then can pretty much access whatever they want from outside China. Yet, as it turns out, porousness or partial online filter and censorship, has been a godsend for Beijing’s industrial policy for hi-tech development. This is no doubt an unintended consequence, but once it has been realised, its value is deeply appreciated by the authorities. Incidentally, that’s why officials tolerate the widespread use of VPNs, despite occasional and ineffective crackdowns.

In China, for people who have the know-how, education or mere curiosity, they can easily bypass the Great Firewall for information to start a business, launch a research project or steal a foreign design. These are the people you need to be in hi-tech industries. Yet, for the vast majority of Chinese, access to contents outside China is still restricted.

China also restricts foreign business and informational access. It has banned such companies as Google, Facebook and Twitter. But of course, it welcomes companies such as Apple, Starbucks and Wall Street banks.

The Great Firewall serves as the online market barrier to foreign entry, or the internet moat to protect infant industries from foreign competition or business invasion; again, one of two functions of the ancient Great Wall.

Intellectual property theft

No one would argue intellectual property theft or industrial espionage is essential to the economic development of a country. However, many economic historians have pointed out that whether it was the rise of Elizabethan England, 19th century America, modern Japan and South Korea, or contemporary China, intellectual property theft and/or industrial espionage played a key role in their economic rise; and state industrial policy as well.

But a successful country doesn’t steal forever. Once it reaches a certain critical stage of hi-tech development, when it has amassed the talent, resources and facilities, it starts to innovate. Then, it starts developing and protecting its own intellectual property regime to prevent others from stealing -and of course, to complain about theft.

That’s the stage China is entering. According to the China National Intellectual Property Administration last month, 696,000 invention patents were authorised in 2021, an average of 7.5 of high-value patents per 10,000, or nearly double the ratio for 2017. Whether those patents were really as useful or original as they claimed is not the issue here, but rather that they show Chinese authorities are committed to intellectual property protection and building up a viable patent regime.

But, besides the obvious racism about the lack of Asian originality, the neoliberal set of assumptions that I referred to above tend to reinforce the idea that China’s political and economic systems can’t innovate and so must go on stealing. That is also related to what American historian Richard Hofstadter has called “the paranoid style” in US politics. Its most infamous manifestation was the anti-communist McCarthyism. Its most recent example is the FBI’s China Initiative, which targeted ethnic Chinese researchers, especially those in US universities.

China’s chip output shrinks as Covid-19 lockdowns paralyse industries 16 May 2022

The Silicon Valley folklore is that of a lone maverick who has a great idea and pushes it to fruition, and in the process, creates a multibillion-dollar industry. That cannot be further from the assumption behind Japanese-Korean-Chinese state industrial policy, according to which innovation is a collective enterprise, not one of individual genius or charisma. It’s all about the sustained commitment of public resources and collective talent between the state and the private sector.

It’s a common criticism that such a policy is wasteful; it often backs the wrong technologies and industries. That’s true. However, the Silicon Valley model is also prone to periodic market euphoria, mania, panic and crashes, from the dotcom implosion to the current ongoing crypto-crashes. I will leave it to economic historians and econometricians to determine whether the state or non-state model is more wasteful or destructive.

Conclusions

Belatedly, the Biden administration is slowly realising that whether it’s containment against China or competition with it, the horse has bolted out of the barn already. That is why despite its hostile rhetoric, it has no coherent policy on how to deter or delay China’s technological drive for mastery or supremacy. This conflict cuts to the very ideological self-beliefs of the two countries. Only time will tell how it will turn out.

However, restricting or banning technological transfer will not work. The great British historian Arnold Toynbee famously wrote that it was usually countries or civilisations confronted with great or even mortal challenges that prevailed and prospered in history, not those that were well-endowed with rich resources. Denying China access to vital technologies at this late stage will simply force it to develop its own domestic capabilities. That won’t make it weaker, only stronger and more self-reliant.

For years, American policymakers and pundits have believed China’s search for technological mastery or supremacy is doomed to fail or at least be consigned forever to mediocrity and also-ran status. This belief lies behind the strategy, first put forward by the Donald Trump administration, and now followed by Joe Biden’s White House, to restrict or ban the transfer of crucial technologies, notably the most advanced semiconductors and their production methods.

And yet, paradoxically, China is bound to succeed, despite the inevitable hiccups and setbacks, because it is essentially replicating the actual history of the economics and policies that led the United States to technological dominance, rather than the ideological history of what many Americans believe lies behind their success.

They have applied their own ideological models to predict China’s supposedly “inevitable” failure, instead of using their own actual history of American technology and science, and economic policy, to analyse China’s development and acquisition of key technologies in the 21st century. 

 US cannot stop China's hi-tech rise | South China Morning Post

Alex Lo

Alex Lo

Alex Lo has been a Post columnist since 2012, covering major issues affecting Hong Kong and the rest of China. A journalist for 25 years, he has worked for various publications in Hong Kong and Toronto as a news reporter and editor. He has also lectured in journalism at the University of Hong Kong.

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Saturday, May 7, 2022

Is education fit for the future?

 


EDUCATION is the most controversial of subjects.

 
 One thing is clear, whilst the quantity of educated manpower is critical to national strength, quality may matter more.

Parents quarrel about the quality of education for their kids, just as societies are deeply divided on education as it defines the future.

Is the current education system fit for purpose to cope with a more complex, fractious future, fraught with possible war?

According to Stanford University’s Guide to Reimagining Higher Education, 96% of university chief academic officers think that their students are ready for the workforce, where only 11% of business leaders feel the same.

As the population and work force grow, the gap between skills demanded by employers and the education received by school leavers is widening, so much so that many are finding it hard to get the jobs that they want.

As technology accelerates in speed and complexity, the quality of education becomes more important than ever. Is it for the elites or the masses?

The Greek philosopher Aristotle recognised that the aim of education is for knowledge, but there was always a different view as to have knowledge for the individual or whether education must prepare the individual to fulfil the needs of society.

Feudal systems hardly paid attention to the masses, whereas most ancient institutes of higher learning were for elites, either for religious orders or in Chinese history, to prepare for civil or military service, but blended with self-cultivation.

Conservative think tank American Enterprise Institute (AEI) has just produced a fascinating study on the implications of higher education for national security.

Covering the period 1950-2040, the study acknowledged that the United States attained uncontested power status, because it had the highest levels of educational attainment and manpower.

In 1950, the United States, with less than 5% of the world’s population, had 45% share of world population aged 25 to 64 with completed tertiary education.

In comparison, India had 5% and China about half of that.

By 2020, the United States’ share had dropped to roughly 16%, whereas China was catching up, whilst India had just under 10%.

By 2040, depending on different estimates, China may double its share to between 15% and 20%, whereas India would have overtaken the United States with 12%, leaving the United States third with 10%.

It is a truism that education matters for economic growth and power.

Every additional year of schooling for children is estimated to add 9% to 10% increase in per capita output.

If you add in “business climate” with improvements in education, health and urbanisation, these factors explain five-sixths of differences in output per capita across countries.

Under the liberal world order, America encouraged the spread of global education, so much so that the global adult illiteracy (those without any schooling) fell from 45% in 1950 to only 13% by 2020.

This worldwide expansion in education was good for the world, but it also reduced the comparative advantage of the education and technology front-runners, particularly the United States.

The AEI study reported that the share of global adult population with at least some tertiary education increased from under 2% in 1950 to 16% today and would approach 22% by 2040.

In 1950, eight of the top 10 largest national highly educated working age labour pool was in advanced countries. By 2020, their share was half.

By 2040, this is likely to be only three out of 10.

In essence, India and China would take the lead in total highly trained manpower, especially in science and technology, with the United States “an increasingly distant third place contestant.”

The AEI study illustrates why increasingly American universities will be more selective in their future foreign student intake, especially in science and technology which may have impact on national security matters.

As late as 2017, MIT manifested global ambitions in its strategic plan, “Learning about the world, helping to solve the world’s greatest problems, and working with international collaborators who share our curiosity and commitment to rigorous scientific inquiry.”

That global vision may be cut back in light of the growing geopolitical split into military blocs. Western universities may no longer be encouraged to train foreign students into areas where they can return to compete in key technologies.

In short, geopolitical rivalry will determine the future of resources allocated to education, research and development and technology.

No country can afford liberal education in which every student is encouraged to do what he or she wants to do.

Students today want to be more engaged in the big social issues, such as climate change and social inequality.

But at the same time, they expect more experiential immersion into careers that are more self-fulfilling.

Instead, institutes of higher learning are forced by economics to provide more shorter term courses to upgrade worker skills, using new teaching methods and tools, especially artificial intelligence, virtual reality etc.

At the national level, governments will push universities into more research and development and innovation to gain national competitiveness, including R&D on defence and national security sectors.

This means that the education pipeline or supply chain will also be bifurcated like global supply chains that are being disrupted and split by geopolitics.

The conversation on what should go into the curriculum for education is only just beginning. Much of this is to do with funding.

As higher levels of education are more expensive, especially in the high technology area, whilst governments budgets are constrained, universities will turn to private sources of funding.

The more society polarises, the more likely that such funding would turn towards entrenchment of vested interests, rather than solutions to structural problems.

Education is controversial precisely because it is either a unifying social force or a divisive one.

One thing is clear, whilst the quantity of educated manpower is critical to national strength, quality may matter more.

The Soviet Union had the second largest share of educated manpower during the Cold War, but it did not save it from collapse.

Will our future education system provide leaders who are able to cope with the complexities of tomorrow?

As the poet T S Eliot asked in his poem “The Rock” in 1934, “where is the wisdom we have lost in knowledge?”

That question is being asked not just in universities, but by society as a whole.

Andrew Sheng writes on global issues from an Asian perspective. The views expressed here are the writer’s own. 

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Monday, January 3, 2022

Journey to Rejuvenation

CNY in space: Three taikonauts will enter the Lunar New Year in China’s space station, which will continue orbital construction in the year. — AP


 In 2012, Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, visited the exhibition "The Road of Rejuvenation." He described it as a retrospective on the Chinese nation, a celebration of its present and a declaration on its future. #XiJinping

 

The things taking place in China these days would have been unimaginable a century ago. In 2022, Beijing, where invading imperialists wreaked havoc more than 100 years ago, will host the Olympic Games for a second time, a chance for the world to stand stronger and together in solidarity.

` In space, three Chinese taikonauts will enter the Lunar New Year in China’s space station, which will continue orbital construction in the year.

` China’s journey to national rejuvenation is one of Chinese Communists leading 1.4 billion Chinese people in an unyielding struggle against all obstacles and challenges.

` The Communist Party of China (CPC) in July last year celebrated the 100th anniversary of its founding, and this year it will convene its 20th national congress.

` It is necessary to maintain a stable and healthy economic environment, a secure and safe social environment, and a clean and righteous political environment.

` Last year marks the critical juncture where the time-frame of China’s two centenary goals converge – to complete building a moderately prosperous society in all respects by the time the CPC celebrates its centenary, and to start building a great modern socialist country in all respects by the time the People’s Republic of China celebrates its centenary in 2049.

` On the new journey, Xi Jinping, general-secretary of the CPC Central Committee, Chinese president and chairman of the Central Military Commission, is undoubtedly the core figure in charting the course of history.

` “We must always keep a long-term perspective, remain mindful of potential risks, maintain strategic focus and determination, and ‘attend to the broad and great while addressing the delicate and minute’,” Xi said in his 2022 New Year address on Friday.

` Xi paid tributes to the Chinese people who have been hard at work and looked back at the extraordinary journey travelled by the CPC.

` “I sincerely hope all the sons and daughters of the Chinese nation will join forces to create a brighter future for our nation,” he said.

` China is walking on a model of modernisation characterised by innovative, coordinated, green and open development path that is for everyone. It is a model leading socialist China out of a development trap reliant on extensive and inefficient growth at the cost of ecological damage, shifting the country to high-quality development, and avoiding situations where the rich become richer and the poor poorer.

` China’s economy is estimated by some international organisations to have grown 8% last year to reach 110 trillion yuan (RM72 trillion).

` How to “divide the pie” is a world challenge and also one that China is committed to tackling.

` Nationwide, measures have been taken to prevent runaway expansion of capital, maintain order in the market, galvanise market entities of all types, especially micro, small, and medium enterprises, and protect the rights and interests of workers and consumers.

` China’s “common prosperity” initiative “is meant to end monopolies, increase innovation and competition, and give fairer opportunities, so now is the best time to invest in China’s hinterland”, said Shaun Rein, founder and managing director of the China Market Research Group, a strategic market intelligence firm.

` Zhejiang province, an economic powerhouse in east China, has drawn up detailed plans to achieve common prosperity, including labour remuneration will account for more than 50% of its GDP by 2025, and the ratio of residents per capita disposable income to per capita GDP will continue to increase during the period.

` Modernisation also reaches less developed regions such as the southwestern province of Guizhou, which has become the front-runner of China’s big data industry since being approved to build the country’s first national big data comprehensive pilot zone in 2016.

` Tech giants including Apple and Microsoft have established their cloud computing and big data centres and their regional headquarters in the province.

` Leveraging its accommodating climate, clean air and geography, Guizhou is now one of the regions with the highest number of mega-data centres in the world.

` The rejuvenation spans more than just material goods such as high-speed trains or an emerging fleet of new energy cars. By 2035, China is set to basically achieve socialist modernisation.

` China is also aiming to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060. A top-level design document has been released towards the ambitious goal.

` The Party has established Xi’s core position on the Party Central Committee and in the Party as a whole and defined the guiding role of Xi’s Thought on Socialism with Chinese Characteristics for a New Era.

` This reflects the common will of the Party, the armed forces and Chinese people of all ethnic groups, and is of decisive significance for advancing the cause of the Party and the country in the new era.

` Today, the great rejuvenation of the Chinese nation has entered an irreversible historical process, but it will not be easy, as Xi said on Friday: It will not happen overnight.

` China’s economic development is facing pressure from demand contraction, supply shocks and weakening expectations, and the external environment is becoming increasingly complicated and uncertain.

` China also faces an ageing population.

` In deepening reform and opening up, certain deep-seated institutional problems and impediments from vested interests became increasingly evident.

` China’s reform thus entered a critical phase fraught with tough challenges.

` Some elements in the world still deem themselves superior and always want to impose their own will on others: They throw out arbitrary rules and use human rights and other high-sounding excuses to smear China and many other developing countries.

` State Councillor and Foreign Minister Wang Yi said China must not compromise or back down.

` “Instead, we must face them head-on, and pull together with most countries to defend fairness and justice,” Wang said on Thursday.

` In its continued engagement with the world, China upholds and practises true multilateralism, urging countries to resolutely uphold the authority and standing of the United Nations, jointly oppose division and confrontation, stand together against zero-sum games and make constant efforts for greater democracy in international relations.

` As Xi said on Friday, “Only through unity, solidarity and cooperation can countries around the world write a new chapter in building a community with a shared future for mankind.” — Xinhua

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Xi's speech hailed for global vision | The Star

 

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Learn Common prosperity plan to build a fairer society in China 

 


Chinese Revolution 1911/ 辛亥革命110周年, and Taiwan

 

  The Asean secretary-general and leaders of the 15 RCEP member countries with their trade ministers after the pact was signed on 15 Nov 202.

Monday, November 22, 2021

Learn Common prosperity plan to build a fairer society in China






Cheah Cheng Hye: Malaysians should find this campaign of special interest because China, like Malaysia, is trying to break out of the “middle income trap”, a phenomenon faced by much of the developing world. Although Malaysia and China are different in many respects, they do share a common feature: an almost identical level of average incomes.

CHINA has launched a new campaign, called “Common Prosperity”, to improve the living standards of its people and make its society fairer.

Malaysians should find this campaign of special interest because China, like Malaysia, is trying to break out of the “middle income trap”, a phenomenon faced by much of the developing world.

Although Malaysia and China are different in many respects, they do share a common feature: an almost identical level of average incomes.

According to the World Bank, per capita gross domestic product in Malaysia and China were US$10,402 (RM43,517) and US$10,500 (RM43,927), respectively, in 2020. Thus, both are currently middle-income countries seeking to achieve developed-nation status in the medium-term future.

China’s plan is based largely on enlarging its middle class, by creating opportunities for the lower-income people, who currently make up a majority of its population, to become more productive and earn higher incomes. ADVERTISING

Already, China, with a population of 1.4 billion, has 340 million middle-class people, larger than the entire population of the United States. Some estimates put the Chinese middle class at more than 400 million, using a looser definition of “middle class” status.

Beijing aims to increase the middle class to 500 million by 2025 and about 750 million by 2035. Put another way, Beijing is looking for roughly half the mainland Chinese population to be middle class by 2035, compared with less than 30% today, using a conservative definition.To realise the plan, the Chinese economy will need to double in size by 2035, having just doubled from 2010 to 2021.

In recent months, the Common Prosperity plan has caused concern among some investors, who worry that it is a kind of “Robin Hood” campaign. This is simply wrong. One only has to look at the “Zhejiang Plan”, announced in mid-2021, to get a detailed picture.

Zhejiang province (population: 65 million), located in the Yangtze River delta in central China, has set 52 performance targets to achieve Common Prosperity. The government has stated that Zhejiang is a “demonstration zone”, intended as a model for the nation.

Investors can rest assured.

The plan supports private enterprise, innovation, market development and small and medium enterprises (SMEs).

The plan takes aim against monopolistic business practices, supports the concept of a level playing field in the economy and aims to deflate the real estate market.

As officials have repeatedly stated, the overall objective is to create a society that is olive shaped, not pyramid shaped.

The plan does not emphasise wealth distribution but aims to make society more productive and fairer, with measures added to promote social mobility and better welfare for the needy. It confirms that Beijing remains committed to “state capitalism” (a Chinese version of the concept of “stakeholder capitalism”, currently gaining support in the West).

Clearly, the market-opening, pro-business reforms of the past four decades are irreversible.

Currently, the private sector (China has about 40 million SMEs) provides 50% of tax revenues, 60% of gross domestic product, 70% of patent filings and more than 80% of urban employment.

China’s domestic stock market, which trades through exchanges in Shanghai, Shenzhen and Beijing, is today the world’s most active, with a daily trading volume about four times that of second place New York. Indeed, there is no turning back the clock on using capitalism to help socialism.

Over the past several months, Beijing has launched restrictive regulations against Internet platforms, property developers, after-school tutoring and so on. These are aimed at problems that can’t wait for longer-term solutions.

But the reality of Common Prosperity is that it is mainly about long-term structural reforms to create a more sustainable and inclusive society. President Xi Jinping himself has stated that the objectives will take decades to achieve.

Over time, stock markets and other capital markets are to be encouraged so that more savings can be channelled into manufacturing, innovation and green energy. Real estate development is a different matter. The government is sticking to its restrictions on real-estate investments as housing seems over-built and bubbles have formed.

So, will it work?

The Chinese public, it seems, is confident that Common Prosperity targets can be achieved, given the party’s strong track record, with 800 million people – roughly 10% of the global population – lifted out of extreme poverty over the past four decades.

Indeed, China has already come a long way; as recently as the early 1960s, parts of the country suffered from starvation.

But the obstacles to Common Prosperity cannot be under-estimated, ranging from geo-political tensions to an ageing population and the overheated property market.

Undoubtedly, Common Prosperity represents a shift leftwards in Chinese politics, after decades of liberal policies that enabled a privileged few to make a lot of money. Capital flight could become a persistent problem for China (as it is for Malaysia) as the rich move money to offshore shelters.

Furthermore, for Beijing, real estate is a particularly difficult balancing act, as the property sector represents about 25% of the Chinese economy and 40% of people’s savings.

In urban areas, 80% of households already own their own property, and 40% have second homes. Home prices are up 50% over the past decade.

The property boom is financed by heavy debts, putting financial stability at risk. Beijing has to find ways to cool down the property sector but avoid a hard landing for house prices.

China’s ageing population, too, is a headwind.

But the impact can be offset by improving productivity and innovation.

Here, China’s great success in education is helpful. Each year, China produces more than nine million university graduates, exceeding the combined total of the United States, Britain, Germany, Japan and South Korea. The Chinese graduates are concentrated in science, math and engineering.

In addition, about five million people complete vocational school each year with technical and trade skills. Chinese talent is on an upward spiral, meaning many problems can be overcome.

Common Prosperity is driven by the Communist Party of China, which has been in power since 1949, and has always identified itself as a party representing workers and peasants.

But now, the party has staked its brand on the success of the prosperity plan and in the process, it is transforming itself into a party for the middle class.

If successful, the party will lift China into the ranks of developed nations by 2035.

Datuk Seri Cheah Cheng Hye is the head of Value Partners Group, an asset management firm in Hong Kong. He is also an independent non-executive director of Hong Kong Exchanges and Clearing Ltd. He started his career as a reporter in The Star.

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Thursday, October 21, 2021

NCIA setting up new technology and innovation hub in Bayan Lepas by year 2023

New tech and innovation hub for northern region 

  

An artist’s impression of the proposed NCER Technology Innovation Centre in Bayan Lepas, Penang.


IN an effort to build a strong and sustainable ecosystem in Penang’s industrial and economic landscape, Northern Corridor Implementation Authority (NCIA) will be establishing a technology and innovation hub called the NCER (Northern Corridor Economic Region) Technology Innovation Centre (NTIC).

NCIA chief executive Datuk Seri Jebasingam Issace John said the centre, which will be built in Bayan Lepas and completed by 2023, will have a newly developed programme under the NCER Single Campus initiative that focuses on activities related to research, design, technology, innovation and commercialisation.

“The Single Campus initiative promotes collaboration and cooperation among key manufacturing areas in Penang, Kedah and Perak through the facilitation by NTIC while positioning Penang as the catalyst hub focused on technology and innovation.

“This hub will provide services and facilities for product innovation, linkages with local and international experts, local talent development, design and consultancy and a one-stop solution provider management system.

“NTIC will serve as a platform for small and medium enterprises, local large companies, multinational companies, technocrats and young entrepreneurs, as well as start-up companies to conduct high value-added activities in the northern corridor,” he said in an online event on Friday.

Issace John added that through NTIC, NCIA is collaborating with Universiti Sains Malaysia (USM) and Collaborative Research in Engineering, Science and Technology Centre (Crest) to develop high-skilled local talents to meet the demands of the industries within NCER.

“With the signing of a memo- randum of collaboration (MoC) between NCIA and USM, a programme has been launched to enhance talents’ marketability by developing their Fourth Industrial Revolution (IR4.0)-related knowledge and skills that are highly sought after by the industry.

“The Professional Excellence Programme or PreX is developed by combining academic and industry inputs on industry needs and expectations, industry professional assessment and employability.

“The MoC with Crest, on the other hand, will see collaborations with world renowned multi- national companies such as Intel Microelectronics (M) Sdn Bhd and Motorola Solutions (M) Sdn Bhd, and local technology companies such as Orionplex Sdn Bhd, Exiatec Technology Sdn Bhd and Sensoft Technologies Sdn Bhd,” he said.

Issace John said NCER Talent Enhancement Programme (NTEP) will also support the Engineering Software Talent Programme (EnSofT) to address the engineering software talent gap in the fields of embedded system, android applications and embedded android operating system.

“EnSofT will be a catalyst to other types of high-end training programmes to generate industry- relevant talents that meet current and upcoming market demands.

“Such collaborations with academia and industry players will help Penang to further grow into a high-income and developed state as well as help it recover quickly from the pandemic as more job opportunities especially in software engineering are created,” he said.

He said NCIA helped attract a total of RM8.56bil of approved investments and created 5,155 approved job creations to date this year.“We have, in fact, already exceeded our target of RM7.2bil of 2021 approved investments. As for job creation, we are also on track to meet the 8,644 approved job creation targeted for this year.”

Chief Minister Chow Kon Yeow, who attended the online event, said the strategic partnership between NCIA and the state government had given birth to a high-value talent ecosystem that will further boost the state’s position as a world-class regional technology hub.

This will also reinforce the development of highly skilled local talent in various high end technology related areas, he added.

“In collaboration with Penang and federal governments, NCIA is continuously enhancing the state’s attractiveness to investors in the electronics and electrical, and manufacturing and engineering sectors.

“We are continuing to strengthen our position as a leader in the region for advanced technology and as a high-value talent and technology hub.

“With more than 300 multinational companies already having established operations in Penang, there is a need for more highly skilled talent to address the demand from the industry here.

“We are fortunate that Penang has an abundance of fresh graduates that industries can tap into, and our position as the ‘Silicon Valley of the East’ can be further strengthened by upskilling and enhancing the quality of our graduates through initiatives introduced by NCIA,” Chow said.

NCIA is a regional development authority responsible for establishing directions, devising policies and strategies related to the socio- economic development of NCER.

Incorporated in June 2008 under the Northern Corridor Implementation Authority Act 2008 (Act 687), NCER encompasses the four northern states of Kedah, Penang, Perak and Perlis in peninsular Malaysia.

NCIA drives the growth of NCER towards becoming an excellent economic region while catalysing and implementing high value-added development programmes in six economic clusters namely manufacturing, agribusiness, petrochemical, mining, green economy and services (including tourism, logistics and connectivity, and digital economy).

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Northern Corridor targets RM3.8bil of investment for Perak this year

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Plans to empower the people in NCER

 https://www.thestar.com.my/business/business-news/2021/09/06/plans-to-empower-the-people-in-ncer

 

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