The illegal network economy will inevitably have a serious negative impact on China's economy

In this period of international media "see more China" observation, the overseas media attention to China's labor costs rise, pork prices, the network economy, tourism, rural rich and poor gap, the Pearl River Delta expansion of the airport and other topics. The rapidly raging illegal internet economy will inevitably have a serious negative impact on China's economy, the national newspaper reported.

14 South Korean jewellery companies withdraw from China collectively

14 South Korean jewellery and jewelry companies in Qingdao, China, collectively returned to South Korea as wages in China rose sharply. South Korean media said that in a region of the same industry enterprises in China to South Korea "U-turn" phenomenon is the first time.

According to South Korea's central Daily reported that the collective U-turn is because China's domestic operating conditions are not as big as before. In the the 1990s, a growing number of companies moved factories to China, where labor was cheap, but wages in China increased by nearly 20 times-fold in 20 years. Moreover, indirect costs, such as the costs of welfare and health care for workers, have also shown an upward trend.

In addition, the Free Trade Agreement (FTA) between Korea, the US and the South Korean European Union (EU) has laid the groundwork for these companies to return to South Korea. More than 80% of the 14 companies that return to South Korea are exporting to the U.S. and European markets. Jiang Chengtian, an investment policy officer at the Ministry of Knowledge Economy, said, "for jewellery companies, FTA preferential policies can save enterprises more than 20% of the cost".

The South Korean government will also provide them with a three-year full exemption from corporate and income tax concessions in accordance with the "Overseas factory repatriation policy".

Australia's "Sydney Morning Herald" August 29: Australian SMEs ' chance to break into China

The opportunity to sell wax in the world's largest market is hard to ignore when the sales company, the group, is looking at Chinese car data. After months of investigation, the group began selling products in Chinese cities.

Similar to Apko, many small businesses in Australia are targeting the Chinese market. Tim Hackett, former chief economist of the Australian Trade Commission, said: "It is wrong to say that Australia is a Chinese quarry and a Japanese seaside." Australia has diversified its investment in China, not only by BHP and Rio Tinto mining coal and iron ore to China, but also by travel agencies, banks and insurance companies. ”

Michael Clifton, the Australian Trade Commission's senior trade representative in Shanghai, said the opportunity has become a thrill as China shifts to a consumer-driven economy. He believes small businesses in Australia have good opportunities in China, especially in the financial services sector.

However, Lisa Gudhand, the boss of the Blue China International consultancy, warns that entering the Chinese market without preparation may backfire. They need to study whether the Australian idea will appeal to Chinese clients. Companies must explore foreign competition and seek legal counsel and local partners.

Hackett recommended that these companies obtain support from the Australian Trade Commission and embassies. "In China, many businesses are related to the government," he said. If you think you're a free-market person and don't want to use the government, that's stupid. Gudhand says small and medium-sized businesses must learn to use social media and build relationships patiently.

August 29 Agence France-Presse: Chinese entrepreneur marriage to attract many women

A group of young Chinese girls dressed in a row, holding a table with weight and measurements information, waited for an interview. They look like they're in a beauty pageant, but they're the one who stands out from more than 1000 candidates and goes on to the next round of the marriage contest. They will compete for the chance to marry a billionaire in this bizarre competition.

The competition covers a wide range of features, including appearance, educational level, family background, and even constellation matching indices. The lucky contestants who qualify for the final 50 will have a chance to meet with 32 men who have at least billion.

Although this is an extreme example, the matchmaking event held in Beijing by the Chinese entrepreneur Singles club shows that it is becoming increasingly difficult to find a mate in contemporary China.

Wu, a psychologist and love TV commentator, says many Chinese dating sites and other dating companies are eyeing the super-rich.

Some experts say that as China grows richer, the material needs of some young people are gradually rising. According to Debola Davis, a sociologist at Yale University, the common mate requirement in China is that each other must have a house.

It is reported that in recent years, because of the great road of marriage and television programs, the rising standards of spouse selection has attracted people's attention. The television shows have been a blatant display of money-worship, so that worried authorities have forced the program group to make changes.

August 28--American Business Insider Network: The economic worries behind Chinese pork

Pigs don't seem like a barometer of inflationary pressures. But in China, the number of pigs being cut is widely watched. There are fears that prices will be pushed higher as pork sales spike next year. Stranded in weak domestic demand and historically highest aquaculture costs the drought in the United States has caused corn and soyabean prices to soar and Chinese hog farmers have been forced to sell their pigs.

As China's main meat, pork is a major driver of food prices in the country. Despite the current supply of pork, but 6 months after the stock of pork may be reduced by selling, resulting in higher prices. Higher food prices will push up inflation. At present, inflation in China is at a moderate level. Rising prices could spark social unrest and inflation remains the biggest economic worry in China.

"Looking at China's corn and soyabean prices, you will find that the current cost of farming is at a record high," said Jean Yves Zhou, senior analyst at the Dutch Cooperation Bank. If yields remain sluggish, it is estimated that pork supply will fall early next year. Beijing has launched a new round of frozen pork to be hoarded to cope with tight supply next spring.

China's swine industry produces as much as 50 million tonnes a year, accounting for half of the world's total output. Soaring pork prices have been a national concern in 2007 as a result of the attack on the highly pathogenic swine blue-ear disease. The price of pork has caused a sharp rise in food prices, strongly affecting the lives of the vast majority of people in poor rural areas of China.

August 28--Philippine society: China's counterfeit cases increase network to sell false hotbeds

The production and sale of counterfeit drugs has become a serious problem in China, with 200,000 to 300,000 people killed each year, according to the Center for the Science of the American public interest. Yin, the director of the National Drug Administration, said in a speech that there is an increasing number of criminals using the Internet to sell counterfeit medicines, and that the Internet provides a conduit for direct contact between counterfeit traffickers and consumers.

In addition, Yin pointed out that the drug inspection work is facing serious situation, in the production of traditional Chinese medicine and other areas of illegal violations of the concentration, the existing problems are more prominent, so the state Drug Administration will be intensified before the end of the crackdown, improve the cooperation and coordination mechanism between the various departments.

The National Drug Administration will also be in the next 4 months in-depth national basic drug coverage of the whole variety of testing.

At the beginning of August, China's Ministry of Public Security announced the seizure of nearly 2000 suspects in the action to eliminate counterfeit drugs, intercepted counterfeit products worth about 1.16 billion yuan, including fake and shoddy products for the treatment of diseases such as diabetes, hypertension and cancer, and destroyed more than 1100 counterfeit and fraudulent dens.

Last year, Zhejiang Province in eastern China also cracked a crime net where hospital workers recycled the empty medicine boxes of regular drugs to counterfeit traffickers.

August 28 NBC website: Questioning the efficacy of eye exercises in the 50

Almost all primary and secondary schools in China require students to do eye exercises every day during recess. The unique event dates back to 1961, when the Beijing Bureau of Education noticed a sharp rise in the student's myopia rate and instructed a doctor to create eye exercises to prevent the problem from worsening.

China's Ministry of Education is unable to provide a scientific basis for eye exercises, the report said. "We will ask the experts to give an explanation as soon as possible," the ministry said, after the netizens pressed. "Ministry of Education officials rejected NBC's interview request.

Zhu Tianyu, a more than 40-year-old Beijing man, admits he is skeptical of eye exercises. "I don't know if it's good to do eye exercises. My eyesight is bad, but I never take it seriously. ”

His wife, Du Yu, disagrees with his opinion. She said: "Doing eye exercises is useful, I still insist on doing it." Every time I do it, I feel comfortable in my eyes. ”

Not everyone believes in the efficacy of eye exercises. Xu Yuzing has been a teacher in a middle school for 25 years. She said: "It's hard to say eye exercises are useless." Even if it works, the effect is not obvious. The students don't know where the acupoints are. They only do eye exercises to cope with the examination. ”

The report pointed out that there is a consensus that China's highly competitive education system is leading to many students eye myopia is the main factor. Students are under great pressure to learn because the college entrance exam scores basically determine his or her future career path.

August 27 Bloomberg: China tightens tourist visas or affects tourism

According to the Chinese Embassy website, the relevant regulations indicate that tourists applying for tourist visas are required to submit "designated tourist units", business or individuals to invite them to China, as well as a photocopy of the round-trip flight ticket and hotel reservation.

Before adjusting the travel regulations, Chinese authorities have stepped up their status checks on foreigners in China and tried to clamp down on illegal immigrants. The World Tourism Organization has predicted that China may become the world's largest tourist destination by 2015.

"If the new requirements are strictly enforced, the number of foreign visitors may be affected," said Zhanglou, an analyst at the group-benefit Securities Company in Shanghai.

China surpassed Spain as the world's third largest tourist destination in 2010 years, according to data released by the World Bank, and the number of visitors to China was as high as 55.7 million, after France and the United States. Compared with the number of tourists entering China in 1999 (27 million), the number of 2010 has increased by more than one times.

August 27 Japan's "Tokyo News": China's rural rich-poor gap approaching the cordon

In China, the income gap between urban and rural areas is more than 3 times times, and the gap between rich and poor in rural areas is more serious. The Chinese Rural Institute of Central China Normal University 21st released the "China Peasant economic Situation Report", the report of more than 6,000 rural residents in the past three years of cash income survey, found that the rural household income gap of more than 10 times times, Gini coefficient of 0.3949, approaching the United Nations-mandated cordon 0.4.

The report of Huazhong Normal University takes the farmer as the research object, carries on the descriptive analysis to the main index which involves the peasant economy condition. China's farmers ' incomes have grown faster and have seen double-digit growth for years in a row, the report said.

The survey showed that in 2011, China's rural households had climbed to about 38,900 yuan in cash income, an increase of 28.7% from 2009, but China's rural income of the highest 20% sample farmers and the lowest income of 20% sample farmers per capita income gap reached 10 times times. Among the top 20% sample farmers, the migrant workers accounted for 88.9%, and among the lowest-income 20% sample farmers, farming households accounted for 82.5%.

Xu, dean of China Rural Research Institute of Huazhong Normal University, points out that in the new historical period, farmers ' income disparity mainly comes from migrant workers, which means that more emphasis is needed in rural areas to provide equal employment opportunities for farmers.

The report points out that Huaxi village has successfully opened a village business, bringing the average savings to 6 million yuan per household. But in Guizhou province, farmers ' annual income is only 4000 yuan. Rural income gap has been widening.

August 27 The United States "aviation and Space Technology Weekly" website: Pearl River Delta expansion airport to increase congestion

The Pearl River Delta is one of the most congested parts of China's airspace, with five airports not more than 154 kilometres apart from each other; now there's another runway project under construction, and it's likely to add another one soon, followed by the construction of the sixth airport in the area.

The continued construction of the airport project will greatly increase the congestion in the PRD airspace.

As China's second busiest airport, Guangzhou Baiyun International Airport has begun expansion project, the completion of the airport capacity will be increased by more than one times. Before the project started, the central government confirmed last month that Guangzhou would be one of the three major international airports to and from China. In addition, Guangzhou is continuing to promote the construction of the city's second airport research.

The developed Pearl River Delta region's airports are already very competitive. The busiest airport in the region is now the Hong Kong airport, where passenger throughput reached 54 million passengers last year, but the expansion of the Baiyun Airport (600004) is aimed at bringing the airport's annual passenger throughput to 80 million in 2020. In addition to Baiyun Airport and Hong Kong's international airport, the area also has Shenzhen Baoan Airport, Macau International Airport and the five airports, the most weak three stoves in Zhuhai Airport.

Despite air traffic congestion, demand is driving additional runways in other airports in the region. Shenzhen Airport (000089, shares) last year completed its second runway construction, the Hong Kong government principle has approved the construction of a third runway. "If the problem of airspace congestion is not solved, adding a runway will not necessarily expand capacity," the researchers at the Chinese University of Hong Kong's Centre for Aviation Policy Research wrote. "They are calling for reform and expect that the loss of air congestion will only fuel a year of more than 1 billion Hong Kong dollars (HK $1, about 0.82 yuan)."

August 26 The UAE national newspaper: "Black Hat" undermines China's economy

The rapidly raging illegal internet economy will inevitably have a serious negative impact on the Chinese economy. China's online black market has caused the country's economy to suffer more than $850 billion trillion a year, endangering 108 million Internet users and 1.1 million websites, according to a report by the Institute of Global Conflict and cooperation of the University of California, the China Network underground Economic Survey.

The report has left an extremely complex and widespread illegal economy on the surface, helping to push the illegal economy out of cyber-fraud and other crimes known as "Black Hat". "Black Hat" crime includes stealing private information and phishing. In addition to ransacking the victim's bank account and other forms of fraud, "black Hat" also uses some Trojan virus to remotely manipulate the victim's computer. "Black Hat" training often uses terminology or specific slang, the normal user even if the accidental access to their website also puzzled.

Robert Endler, chief analyst at Enderle Group, the US market research agency, said the country's black cyber economy will suffer the brunt of its booming information technology industry, which could spark negative perceptions of foreign businesses about doing business in China because of concerns about technology theft, Weaken China's advantages of low labor costs and strong growth.

Such chaos in China's information technology industry is bound to hurt the economy and will undermine the credibility of its banking system. The report says many cyber crimes in China have yet to be discovered, implying that the amount of loss may be underestimated. Even without considering the damage caused by more secretive practices such as the peddling of business intelligence, the overall loss figures in China will rise sharply in the coming years if the problem is not addressed effectively.

The relationship between the Chinese people and the Internet is getting closer, and many consumers who know nothing about computers turn directly into smartphone users. China's mobile internet penetration rate will continue to grow on the basis of existing 350 million users, as prices for related equipment fall further. The report argues that smartphones are an easy target for black hats. Without preventing the rapid spread of the network underground economy, China's overall economy will suffer irreparable damage.

August 25--The Guardian of the United Kingdom: China's migrant workers still do not receive normal respect

China's Valentine's Day (first seven July) the day, 30 migrant workers in Shanghai were accidentally invited by several college students to attend the dinner. During the summer internship, the students found that migrant workers worked hard and lived on construction sites. For a time, the students ' behavior became the prime pastime of television.

This matter fully illustrates (China) society's attitude towards migrant workers. Migrant workers usually come from the vast hinterland, which accounts for half of China's labor force, and partly thanks to its contribution to China's GDP growth. They are indispensable people, but they are also the most marginalized group of people in Chinese society.

So far, peasant workers continue to endure deep-rooted prejudices and discrimination, not only because the hukou system has no right to enjoy the city's public services, but also to be ostracized and vilified in daily life. They are heave in public places and are barred from entering hotel lobbies or luxury hotels. But how are they accepted?

Since the reform and opening up, Chinese media has led the image of rural migrants and intensified the role of prejudice against them. The word peasant has always had a negative meaning, implying ignorance, lack of teaching, or a superior tone to those who passively accept the favor of the ruler. Farmers are also a permanent social status, which limits the inferior educational and cultural background and economic ability. As a segregated class, no matter where the farmers migrate, this low-level status will be the same.

The shift in Chinese social attitudes will take a long time and the media is delaying the shift. Migrant workers need to be treated as citizens like everyone else, rather than passively accepting a little goodwill and charity. There is much more to be done than inviting migrant workers to have a Chinese Valentine's Day dinner.

Appendix: Excerpts from recent international economic cooperation activities involving Chinese enterprises

September 2 Great Wall Motor (601633, shares bar) in the future will be in Europe, Japan set up research and development center. 1st in Tianjin, 2012 China Automotive Industry Development (TEDA) international Forum, the Great Wall Motor Co., Ltd. International sales assistant general manager Zhang Gengchen said, the Great Wall car in the future will be in Europe, Japan set up research and development center, by recruiting local research and development talent to enhance the ability of their own brands.

August 31 BYD (002594, share bar) pure electric bus landed in Europe. According to BYD Motor Company, starting from July 11, BYD's pure electric bus in the Hungarian capital Budapest for about three weeks of trial operations, officially landed in Europe and received acclaim. BYD Pure Electric Bus has been operating in a number of cities in Europe since April this year, including Amsterdam in the Netherlands, Madrid in Spain, Barcelona, Salzburg in Austria, and so on, both by local customers and the people alike.

In the past two years, BYD electric vehicles overseas promotion has made very big progress. Only in the first half of this year with the Netherlands, Finland, Denmark and the United Kingdom and other European cities customers signed an electric bus cooperation agreement.

August 31 Voith Together with the National Grid energy conservation and emission reduction. Voith China recently announced that the state Grid company has a value of about 700 million yuan contract, Shanghai FU-Iraq Hydropower Equipment Co., Ltd. will be the state grid company Jiangxi Hongping pumped storage power station to provide 4 units capacity of 300,000-kilowatt single pumped storage units and ancillary equipment. Arita, president of the company, said that pumped storage is a power generation method with energy storage function, and pumped storage power station is an important part of power industry, safe operation and sustainable development.

August 30 CNOOC buys Nixon deal into Canadian government approval process. The Canadian Industry Minister Chris Paladis 29th issued a statement saying that China Offshore Oil Corporation (CNOOC) acquisition of Canadian energy companies, the company has entered the government approval phase. Paladis said that the initial completion of the transaction audit time required 45 days, if necessary, the review period can be extended for 30 days.

CNOOC last month announced a final deal with Nixon to buy the company for 15.1 billion dollars, but its success depends on the approval of the Canadian government. If the deal succeeds, it will be China's largest overseas takeover.

August 30 Hanlong acquisition of Australia Saunders Private enterprises will have world-class iron ore. Private enterprises in Sichuan Han Dragon Price purchase Saunders from rumors into reality. This reporter learned from the Han Dragon Group, Hanlong will buy Saunders Price eventually locked in 0.45 AUD per share, which means that compared to last year's acquisition agreement, Hanlong purchase price per share reduced by 0.12 Australian dollars, saving about 2 billion yuan. The Saunders board believes that accepting the revised planned takeover price to reach the revised plan acquisition agreement is the best option for shareholders at the moment.