Endowment insurance  posté le samedi 30 octobre 2010 04:34

The NPC Standing Committee passed the Social Insurance Law on Oct. 28 with majority votes after reviewing it four times. This was the first time that the supreme legislative body of China has made a law for the social insurance system.

Highlight 1:

Endowment and medical insurances can be transferred freely

What has greatly restrained China's social insurance business is that China does not have smooth channels for transferring individuals' basic endowment insurances. According to statistics of Shenzhen's social insurance department, over 5.8 million people purchased the basic endowment insurance in 2009, but 1 million have canceled it.

The Social Insurance Law passed this time has an issue of insurance transfer under legal protection. "For individuals who transfer their jobs to other coordinating places, their basic endowment insurance will be transferred with them. Their insurance premiums will be calculated in an accumulative format. For individuals who have reached their statutory age of retirement, their basic pensions will be calculated in sections and given out as a whole."

The Law also has provisions regarding the transfer of basic medical insurance. "For individuals who transfer their jobs to other coordinating places, their basic medical insurance will be transferred with them, and their insurance premiums will be calculated in an accumulative format."

Highlight 2:

'National coordination' for endowment insurance

Hu Xiaoyi, deputy minister of the Ministry of Human Resources and Social Security, said that by the end of 2009, all provincial administrative regions in China had formulated systems of provincial-level coordination. A total of 25 provincial units have reached the standards of provincial-level coordination through evaluation, and the evaluation of 27 units is now in progress.

"On this basis, the government will study the national coordination plan of basic endowment insurance," Hu said.

The previous regulations of the social insurance draft law were not clear towards this problem. However, at the last moment before the vote, the draft law made a clear regulation towards improving the coordination level of social insurance. The regulation formulated that the basic endowment insurance funds will gradually realize national coordination and other social insurances will gradually realize provincial co-ordination, and the specific time and steps will be formulated by the State Council.

"The biggest benefit of national coordination is that it can solve China's problem of unbalanced regional development in the vast territory, and can also solve the problem of 'east supporting west' and 'urban area supporting rural area,'" said Zhu Yongxin, a member of the Standing Committee of the NPC.

Highlight 3:

Strengthening social security premium collection

The public has always paid particular attention to the issue that some individuals and units default on their social security premium contributions. Hu said frankly, "Some financially-distressed enterprises are indeed unable to contribute social security premiums because of objective reasons, such as difficult operations, and are on the verge of bankruptcy, but some enterprises have deliberately evaded premium contributions because of weak social security awareness."

Hu noted, "It is hard for the sustainable development of the compulsory social security system without applying compulsory means for social security premium collection.

The newly-approved social security insurance law has strengthened employers' obligations to contribute social security premiums for employees and specified the compulsory measures to punish employers defaulting on social security premium contributions.

There are also some very practical, rigid countermeasures for employers defaulting on social security premium contributions, under which social security premium collection authorities can gain the information on their deposit accounts from banks and other financial institutions and apply to related administrative units for transferring funds from the deposit accounts to social security accounts.

Furthermore, for employers who fail to provide collateral for social security premium contributions, premium collection authorities may also apply to the court to seize, seal up and auction off the employers' properties and use the proceeds as premium contributions.

Highlight 4:

Stricter supervision of social security funds

China's social security funds reached 776.6 billion yuan at the end of 2009, and the safekeeping of the money has come into national spotlight in the wake of several major cases involving the funds in recent years.

Some members of the NPC Standing Committee said many times when examining the draft law that the money should be kept under stricter supervision for safety, given that the funds have reached a very large sum and are widely dispersed.

Fully incorporating suggestions from committee members and representatives, the Social Insurance Law contains detailed provisions for the supervision of social security funds. According to the law, the central government should tighten its supervision of the funds, and the State Council as well as local governments of all provinces, autonomous regions and centrally-administered municipalities should make efforts to establish sound systems for supervising and managing social security funds. In addition, various groups are encouraged to participate in supervision.

It is worth noting that the lawmakers used an entire chapter to make specific provisions on fund supervision. According to the chapter, provincial-level governments should establish special social security fund supervision committees comprising experts as well as representatives of insured people, local companies, and trade unions.

The committees should know well and analyze the revenue and expenditure, management and investment practices of local social security funds. They should also give advice and suggestions on things related to the funds, which is a kind of public supervision.

Furthermore, governments at all levels should regularly report the revenue and expenditure, management and investment practices of social security funds to the standing committees of local people's congresses, which are responsible for examining the enforcement of the Social Insurance Law.

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Endowment insurance  posté le samedi 30 octobre 2010 04:15

Highlight 2:

'National coordination' for endowment insurance

Hu Xiaoyi, deputy minister of the Ministry of Human Resources and Social Security, said that by the end of 2009, all provincial administrative regions in China had formulated systems of provincial-level coordination. A total of 25 provincial units have reached the standards of provincial-level coordination through evaluation, and the evaluation of 27 units is now in progress.

"On this basis, the government will study the national coordination plan of basic endowment insurance," Hu said.

The previous regulations of the social insurance draft law were not clear towards this problem. However, at the last moment before the vote, the draft law made a clear regulation towards improving the coordination level of social insurance. The regulation formulated that the basic endowment insurance funds will gradually realize national coordination and other social insurances will gradually realize provincial co-ordination, and the specific time and steps will be formulated by the State Council.

"The biggest benefit of national coordination is that it can solve China's problem of unbalanced regional development in the vast territory, and can also solve the problem of 'east supporting west' and 'urban area supporting rural area,'" said Zhu Yongxin, a member of the Standing Committee of the NPC.

Highlight 3:

Strengthening social security premium collection

The public has always paid particular attention to the issue that some individuals and units default on their social security premium contributions. Hu said frankly, "Some financially-distressed enterprises are indeed unable to contribute social security premiums because of objective reasons, such as difficult operations, and are on the verge of bankruptcy, but some enterprises have deliberately evaded premium contributions because of weak social security awareness."

Hu noted, "It is hard for the sustainable development of the compulsory social security system without applying compulsory means for social security premium collection.

The newly-approved social security insurance law has strengthened employers' obligations to contribute social security premiums for employees and specified the compulsory measures to punish employers defaulting on social security premium contributions.

There are also some very practical, rigid countermeasures for employers defaulting on social security premium contributions, under which social security premium collection authorities can gain the information on their deposit accounts from banks and other financial institutions and apply to related administrative units for transferring funds from the deposit accounts to social security accounts.

Furthermore, for employers who fail to provide collateral for social security premium contributions, premium collection authorities may also apply to the court to seize, seal up and auction off the employers' properties and use the proceeds as premium contributions.

Highlight 4:

Stricter supervision of social security funds

China's social security funds reached 776.6 billion yuan at the end of 2009, and the safekeeping of the money has come into national spotlight in the wake of several major cases involving the funds in recent years.

Some members of the NPC Standing Committee said many times when examining the draft law that the money should be kept under stricter supervision for safety, given that the funds have reached a very large sum and are widely dispersed.

Fully incorporating suggestions from committee members and representatives, the Social Insurance Law contains detailed provisions for the supervision of social security funds. According to the law, the central government should tighten its supervision of the funds, and the State Council as well as local governments of all provinces, autonomous regions and centrally-administered municipalities should make efforts to establish sound systems for supervising and managing social security funds. In addition, various groups are encouraged to participate in supervision.

It is worth noting that the lawmakers used an entire chapter to make specific provisions on fund supervision. According to the chapter, provincial-level governments should establish special social security fund supervision committees comprising experts as well as representatives of insured people, local companies, and trade unions.

The committees should know well and analyze the revenue and expenditure, management and investment practices of local social security funds. They should also give advice and suggestions on things related to the funds, which is a kind of public supervision.

Furthermore, governments at all levels should regularly report the revenue and expenditure, management and investment practices of social security funds to the standing committees of local people's congresses, which are responsible for examining the enforcement of the Social Insurance Law.

The NPC Standing Committee passed the Social Insurance Law on Oct. 28 with majority votes after reviewing it four times. This was the first time that the supreme legislative body of China has made a law for the social insurance system.

Highlight 1:

Endowment and medical insurances can be transferred freely

What has greatly restrained China's social insurance business is that China does not have smooth channels for transferring individuals' basic endowment insurances. According to statistics of Shenzhen's social insurance department, over 5.8 million people purchased the basic endowment insurance in 2009, but 1 million have canceled it.

The Social Insurance Law passed this time has an issue of insurance transfer under legal protection. "For individuals who transfer their jobs to other coordinating places, their basic endowment insurance will be transferred with them. Their insurance premiums will be calculated in an accumulative format. For individuals who have reached their statutory age of retirement, their basic pensions will be calculated in sections and given out as a whole."

The Law also has provisions regarding the transfer of basic medical insurance. "For individuals who transfer their jobs to other coordinating places, their basic medical insurance will be transferred with them, and their insurance premiums will be calculated in an accumulative format."
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about property market  posté le vendredi 15 octobre 2010 04:28

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"This is not a small number, so any change in the property market will directly affect the country's banking system."

Nearly 90 percent of survey respondents believed the regulator's credit tightening measures will increase pressure on the country's real estate industry and developers' cash flow.

Many Chinese banks reported a less-than-1-percent ratio in non-performing loans to homebuyers. But the risk of plummeting housing prices may increase the volume of such loans, a bank stress test indicated in August.

More than 70 percent of the surveyed bankers said the risks of lending to local governments may threaten the banking industry.

Nationwide, local governments' debts reached 7.66 trillion yuan ($1.15 trillion) by the end of June - 2 trillion yuan of which the banking regulator classified as "questionable", China Securities Journal reported.

"I think the risks involved with local government debts are controllable and acceptable," Ba said.

"The key is to figure out how to prevent the risks from expanding."

China's credit growth in September surprised the market with commercial banks extending 595.5 billion yuan in loans, compared to 545.2 billion yuan in August.

More than half of the bankers surveyed believed the biggest challenge for the banking industry is the regulator's reining in of loan growth and the heightened regulation of risk control.

Uncertainty in the property market remains Chinese bankers' top concern, a survey by the China Banking Association and accounting firm PricewaterhouseCoopers showed on Thursday.

About 72 percent of respondents listed the risk of a big property market correction as their top concern, and 75 percent said the housing market still faces great uncertainties.

One-third of the bankers surveyed said that they will moderately rein in property lending, while another one-third said they will strictly control the size of property development loans.

Although most respondents remained optimistic about the property market in the long run, they said it will likely decline in the short term.

The survey was based on interviews conducted between April and June with 70 senior bank executives and 752 questionnaires circulated among banking institutions across China, including head offices, and provincial and regional branches.

"Property loans account for about 20 percent of banks' overall lending," said Ba Shusong, financial institute head of the State Council's Development Research Center.

 

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Airshow China 2010  posté le vendredi 15 octobre 2010 04:20

Other major sponsors of the air show, including the China Aviation Industry Corporation, the China Aerospace Science and Technology Corporation and the China Aerospace Science and Industry Corporation will participate on a larger scale, displaying the most advanced aviation and aerospace products and technology.

The PLA Air Force will also present advanced third-generation warplanes - namely the J-10 fighter, the H-6 bomber carrier and the JH-7 attack bomber.

In addition, both new and regular domestic exhibitors have shown greater interest in participation. Statistics of the confirmed orders show that most of the regular exhibitors have increased their exhibition space.

Various models of domestically-produced aircraft that represent self-owned intellectual property rights and state-of-the-art technology will make their debuts at the air show and perform demos. These included the ARJ-2, a new type of regional jet made by COMAC; the Seagull 300, a new-style amphibious plane assembled in Zhuhai; the AC-313 helicopter, which made its first successful flight on March 18, 2010 and the JF-17, a fighter jointly developed by China and Pakistan. Also making an appearance are the KJ-200 early-warning aircraft and the MA600 regional jet.

There will also be unprecedented participation of overseas aircrafts. The first home assembled A320 of Airbus, Lineage 1000 and Legacy 600 of Embraer, AW109 of Agusta Westland, Citation Mustang and Grand Caravan of Cessna have all confirmed their presence at Airshow China 2010.

And other leading aircraft manufactures, including Bombardier, Gulfstream, Hawker Beech, Dassault Falcon and Cessna are also expected to display their main models.

Besides, the organizer of the air show is trying to bring in world-famous aircraft like the A380 and the Su-35.

The eye-catching aircraft display will also feature a large variety of helicopters.

Eurocopter's EC225 and Sikorsky's S-76, a 12-seat all-weather civil transport helicopter and the latest heavy duty S-92 will be joined by the domestic Z-8 and Z-9. The AC-313, the biggest helicopter ever made by China, will be among those present at the show.

Moreover, the Pakistan Air Force aerobatic team 'Sherdil' is set to stage thrilling maneuvers at Airshow China 2010 using nine K-8 trainers, an advanced military aircraft jointly developed by China and Pakistan. The Pakistan Air Force will also present three FC-1 supersonic fighters.

Currently, the business canvass work of the air show has been completed and exhibition scale is expected to hit a record high with 23,000 square meters identified indoor exhibition areas displayed by 600 Chinese and foreign aerospace companies.

The China International Aviation and Aerospace Exhibition is the only international aerospace trade show in China that is endorsed by the central Chinese government. It features the display of real-size products, trade talks, technological exchange and a flying display. Since 1996, the show has been successfully held in Zhuhai in every even-number year for seven sessions.

The People's Liberation Army (PLA) Air Force, a new sponsor of Airshow China 2010, is set to participate in it with a bigger contingent, bringing with them a majority of the aircraft displayed at the 60th National Day Parade on 2009, including the newly-equipped J-10 fighters.

The Airshow China, which is also known as the Eighth China International Aviation and Aerospace Exhibition, will be held in Zhuhai City, south China's Guangdong Province from Nov. 11 to Nov. 21.

A new breakthrough is expected in domestic participation. China North Industries Group Corporation is to make its debut at the air show by setting up the China Weaponry Hall to showcase domestically-made aviation equipment, airborne and air defense products, civil aviation and information technology.

The Commercial Aircraft Corporation of China (COMAC), the developer of China's large aircraft, has ordered a stand to have a presence at the air show for the first time.      residency geingwxl geilaeloxji

 

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The doctor of traditional Chinese medicine " feels the pulse " Debate disease  posté le mercredi 24 février 2010 10:09



Because some ancient and still profound and so skillful evil social practices and western science real example quantization thought are piled up each other in traditional culture, so the words and deeds of the one that have or praise highly superstition or query and object to excessively even abandon grandly in feeling the pulse. Then, we is as fetch what kind know square and relatively more apropos?

For hang legend that silk feel the pulse, steal, think in evade, be stored in actually probably stern a ancient times, but widowed becoming main type that Chinese medicine have felt the pulse come on, think later from whom literature record, " pull strings and put up pulse "  Specific doctor in resorting to trickery to serve self specially under the particular situation at most even more, how many actual meanings exist so it does not all have in academy or practice.

Someone says, should feel the pulse and know the disease and not need patient and his family to open one's mouth in good Chinese medicine. Steal and think this was said incorrectly. This is because: First of all, traditional Chinese and western medicine has system of one's own names of disease and definition intension, the the two one except there is such as malaria, dysentery a few name and reality it is all with name of disease and, the same concept that all can not be directly corresponding in most cases. If diabetic Chinese medicine of Western medicine is called quenching one's thirst, but quench one's thirst and not merely mean diabetes, so it is the misunderstanding to Chinese medicine to want with pulse of Chinese medicine but publish the name of disease of Western medicine accurately and precisely. Secondly, it was the state that pulse beats that felt the pulse and cut, i.e. pulse is alike. It and concurrently shut by the rapid pulse by the first pulse. The meaning of the pulse elephant only reflects a certain state that the organism is in, but not the directness of some disease is corresponded to. For example smooth pulse, dyspepsia, real and hot pathologic state that it generally reflects the phlegm is wet, and these states are probably compatible to a person, may exist alone, can also exist in many kinds of diseases of Chinese medicine separately. On the contrary,even disease the same,it on different people can also appear pulses other have the alike, what's more pulse of smooth pulse with normal between twenty and fifty. If pregnant woman will appear smooth pulse while being many, or smooth pulse of girl but it is pregnant to be broken too man, it is not merely ridiculous will even make trouble. Moreover, pulse of Chinese medicine has existence of the so-called false pulse inconsistent with disease which ordinary persons do not know, so have early "  Give up pulse from the card "  Ancient saying. Have appeared by now "  There is not pulse (card) Can distinguish " Some the ill,for instance hepatitis B, AIDS. Traditional dialectical theory of Chinese medicine it cures to be with dialectical distinguishing diseasing as weight, so the one that felt the pulse and cut can only support the dialectical basis, but not a concrete name of disease of traditional Chinese and western medicine. Even if you level superb cutting out patient and his family abdominal pain disease to take Chinese medicine, but how can judge it a lot of disease are belonged to with properties specifically of a lot of systems of Western medicine?

Patient and his family will say: The old docter of TCM who I saw in the past could tell my defect accurately. In fact patient and his family do not know to some extent: What the doctor said are mostly only the diagnosis that not disease that but the symptoms of patient and his family are more. Certainly, in the diagnosis to the patient and his family of the unable speech, there are more situations of feeling the pulse to appear that rest on only, but this because disease simple to mix, second, cause of disease worried and serious but principal contradiction conspicuous and getting ill and concise, third, drawn support from other means such as quite important observation auscultation and olfaction. So the phenomenon can't become and feel the pulse the universality basis that can know the disease. Can have persons who grinds pulse to introduce on the net outside a family property according to pulse and tell the disease of Western medicine suffered from accurately, I clasp on the whole believing as to this but complete attitude of letter. Because the rare talent always exists between the vast world. But I think the feeling the pulse that this kind of disease that only examined Western medicine is the affair has actually already been dissimilated as the diagnosis means of Western medicine, have already no longer belonged to original Chinese medicine in essence. The ones that need to explain particularly emphatically are: Feel the pulse and just diagnose one of the means, but diagnose and treat already non- the same concept, it is not still more the equating inevitably of the two level. So even if diagnose disease, can't substitute and finish Chinese medicine and construct the course managed dialectically either. As for pulse (tongue) Like the popularization of the appearance, I agree. But can't abandon practice that pulse studies and comprehend to the limit because of this, because the meaning in Chinese medicine of pulse has been already it.

What does Chinese medicine depend on to diagnose a disease? Which kind of attitude to fetching to feel the pulse? Steal and think that should depend on "  Hope to smell and ask and cut "  Comprehensive analysis and the doctor's intelligence and experience of the four methods of diagnosis. Uncle Wang and in say of " pulse is passed ": "To wonderful with magpie, add, think still, the second scene will be examined tomorrow, will wait the shape card also. " That is to say, even cure " highly skilled doctor " with very wonderful skill --According to feel the pulse, want, think and draw near symptom and physical sign to borrow patient and his family repeatedly too only while diagnosing a disease with flat magpie with ZhongJing Zhang. Li Shizhen says " the curing the desease in two families, the salty affair headed by pulse of generation in " close to lake pulse to studying " too. I wonder if pulse is the end of the four methods of diagnosis, the skillful one called. Have medicine want, make their to be the whole, only if the four methods of diagnosis can't join jointly " . Therefore, the function of feeling the pulse is important but limited, it is not all mainstream of Chinese medicine and true colors to cure the disease through feeling the pulse only so far from ancient times. But it is too far to Chinese medicine for the one that if deny because of this even abandon simply person.

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