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Postby Xuwanghuan » 05 Jun 2018, 11:55

BEIJING, May 12 (Xinhua) -- For China, there is no way out but to innovate.

Its economic growth has slowed from double-digit rates to single digits. Drivers of growth -- the exports, property sales and manufacturing that have served so well for decades, have waned. Exports, in particular, will never again play the role they did before the global financial crisis.

The crisis and its aftermath have prompted developed nations to rethink their mode of growth, generating strategies such as Industry 4.0 in Germany and Re-industrialization in the United States, all based on new technology.

The new trends in these countries with advanced manufacturing capacities, and mushrooming lower-cost manufacturers in emerging nations have exerted double pressure on China, eroding its global competitiveness.

Meanwhile, China is increasingly aware of the environmental prices it will have to pay if it lingers in the labor- and resource-intensive section of the global manufacturing chain.

Overcoming these challenges while achieving its development goals can only be accomplished through industrial modernization. China is pegging its future prosperity on an economy underpinned by science and technology.

That strategy is to encourage research and development (R&D), the generation of new ideas, and scientific progress. It will support entrepreneurs who take a chance to make new technology and ideas to scale and generate better and cheaper products and services.

Denying the Western stereotype of a hard-working and uncreative "world's factory" that churns out mounds of low-quality goods, China is now closing the gap on innovation.

The country's R&D spending, second only to the United States, grew by more than 11 percent annually during the past three years.

The investment is paying off. China is now home to some of the world's most innovative companies, particularly in the fields of mobile technology, biotechnology and medical services.

Shenzhen-based telecom equipment producer Huawei employs nearly 80,000 R&D employees and spends 10 percent of its annual budget on R&D. The company held its place as the top international patent filer in 2015 and has been charging Apple patent fees.

BGI, also headquartered in Shenzhen, is now one of the world's largest genomics companies. It has sequenced more DNA than any other institutions worldwide and helped cut the cost of sequencing a complete genome.

There are plenty more -- the business model that led Alibaba to retail domination, the development of the world's longest high-speed rail network, the world's highest-elevation railway and the world's fastest supercomputer.

It's true China still lags behind in some ways. The country needs further reforms and better protection of intellectual property rights.

Yet for a country that invented paper, gunpowder and the compass, its ambitions could be realized.


ISTANBUL Hydro Flask Hydration 40 OZ Wide Mouth W/ Straw Lid Rose Pas Cher , March 26 (Xinhua) -- Turkey's parliamentary elections to be held on June 7 will have a permanent impact in determining the country's long term future, experts agreed Thursday.

Thirty-one political parties have recently been found eligible for elections in the 550 parliament seats by Turkey's High Election Board.

Those who surpass the 10 percent threshold will be eligible for a seat in parliament.

In case the ruling Justice and Development Party (AKP) wins 400 seats in parliament, with the support of Turkey's president Recep Tayyip Erdogan Hydro Flask Hydration 40 OZ Wide Mouth W Straw Lid Rouge Pas Cher , the ruling party will be able to change the constitution to a presidential system.

Erdogan has long been defending the presidential system aiming to change the current political structure based on multi- party democracy.

However, opposition parties in parliament, the Republican People's Party (CHP) Hydro Flask Hydration 32 Oz Wide Mouth W Straw Lid Noir Pas Cher , the Nationalist Movement Party (MHP) and the Pro-Kurdish People's Democracy Party (HDP) claim that the presidential system will lead the country towards an authoritarian regime.

According to experts, the only party with the capacity to prevent Erdogan's target of changing the regime to a presidential system is the HDP.

""The HDP is also the only party with the capability to force the AKP to adopt democratic principles towards the Kurdish peace process,"" said Faruk Acar Hydro Flask Hydration 32 Oz Wide Mouth W Straw Lid Grise Pas Cher , head of Andy Ar Center for Social Research.

According to the latest survey conducted by the Andy Ar Center, HDP's current voting rate has reached 9.2 percent.

Speaking about the importance of HDP, Acar told Xinhua that ""Due to the Kurdish peace process Hydro Flask Hydration 32 OZ Wide Mouth W Straw Lid Verte Pas Cher , the party is now considered guarantors of democracy in the country.""

The process itself is the main driving force for the country to improve its democratic credentials, he also added.

Imprisoned leader of the Kurdish Workers' Party (PKK) Abdullah Ocalan, during his appeal to the PKK to stop fighting Hydro Flask Hydration 32 OZ Wide Mouth W Straw Lid Jaune Pas Cher , also outlined democratic tenets essential for a democratic country.

Ocalan highlighted 10 measures which need to be achieved to ensure lasting peace, including creating a new constitution and greater regional democracy.

Scholar at Diyarbakir-based Dicle University, Faculty of Law Hydro Flask Hydration 40 OZ Wide Mouth W Straw Lid Verte Pas Cher , Vahap Coskun also highlighted that Ocalan's appeal strengthened HDP's hand before general elections.

""The HDP will enter elections as architects of the peace process,"" he told Xinhua.

According to him, HDP will take every precaution to secure the success of the peace process.

The main concern now is whether the HDP will exceed the 10 percent election threshold.

The 10 percent threshold has been imposed by the military regime after the 1980 coup and is now supported by the ruling Justice and Development Party (AKP).

The AKP claims that the threshold is necessary for political stability.

According to Acar Hydro Flask 12 OZ Coffee Pas Cher , the probability for the HDP to exceed the 10 percent threshold and win seats in parliament is quite high.

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